No price rollbacks. Coca-Cola says high prices are here to stay.
2 min readJul 26, 2022
Coca-Cola management reported the company’s second quarter 2022 results this morning. The Atlanta-based sparkling beverage company grew organic revenue by 16% compared to the same quarter the year before. Management said that price/mix actions caused 12% of the growth-and attributed more than half of that to mix changes. Consumers are migrating towards higher-margin products…