Salem Radio Network News Saturday, July 31, 2021

Business

Coca-Cola raises full-year sales forecast

(Reuters) – Coca-Cola Co raised its full-year sales forecast on Wednesday, as demand rebounds for its beverages from the re-opening of theaters, restaurants and stadiums.

The company said it expects annual organic revenue to rise 12% to 14%, compared with its prior forecast of a high single digits increase.

(Reporting by Uday Sampath in Bengaluru; Editing by Sriraj Kalluvila)

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