Outlook: Coca-Cola raises FY23 organic revenue growth outlook from 8% – 9% to 10% – 11%,
KO sees comparable currency neutral EPS growth of 13%-14% (prior 9%-11%) and comparable EPS growth of 7%-8% (prior 5%-6%) versus $2.48 in 2022.
Coca-Cola continues to expect to repurchase shares to offset dilution resulting from employee stock-based compensation plans.