Coca-Cola Customers are Still Concerned About Prices
Dow Jones
Jul 28
0934 ET - Coca-Cola says its consumer environment is uneven, and affordability concerns are prevailing in most segments. Low-income consumers continue to be the most pressured, and sentiment is especially cautious in Latin America, executives tell analysts on a call. "Many consumers face inflationary pressures, geopolitical uncertainty and economic challenges," says CEO Henrique Braun. "They are evaluating how they shop, what they value and what they want to put in their basket." The beverage company expects these trends to continue into 2H, executives say.
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