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The latest earnings reports from Coca Cola Company (NYSE: KO) and Pepsi Co (NASDAQ: PEP) reflected a resilientUS consumer, however with changing habits. As for Coca Cola, its earnings were in line with analyst estimates while sales surpassed analyst expectations. Pepsi Is Facing A Slowdown Across Categories Pepsi reported its North America sales slipped about 3.5% during the last quarter of 2023 as consumers were put off by higher prices. In addition to falling North America sales, global revenu

The new hire was previously chief of staff at the US Nuclear Regulatory Commission.

Revenue rose 7% to $10.8 billion for the October-December period, the Atlanta beverage giant said Tuesday. That topped Wall Street’s forecast of $10.7 billion, according to analysts polled by FactSet.

KO earnings call for the period ending December 31, 2023.

Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in Mexico, Germany and other markets offset lower sales in the U.S. The Atlanta-based beverage giant said Tuesday its revenue rose 7% to $10.8 billion for the October-December period.