Coca-Cola Co.’s second-quarter sales exceeded expectations and the company raised its full-year guidance, as decades-high inflation and higher prices found consumers still willing to pay more.
Chief Executive Officer James Quincey said the results reflected “the actions we’ve taken to execute for growth in the face of challenges in the operating and macroeconomic environment.” The company said it raised prices 12% on average across its products.
Coca-Cola continues to ...