Flexing their strong pricing power once again! Coca-Cola (KO.US) had strong organic sales and profits in Q2, and will be launching cane sugar Coke in the U.S. this fall.
According to the Securities Times app, Coca-Cola Company (KO.US) announced its second quarter financial performance, with adjusted earnings per share of $0.87, compared to market expectations of $0.83. Revenue for the quarter increased by 0.8% year-on-year to $12.5 billion, slightly below market expectations of $12.55 billion; however, adjusted revenue was $12.62 billion, exceeding expectations of $12.54 billion.
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