Coca-Cola CFO: Adjusting Strategies to Address Uneven Demand
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Glonghui, June 4th|Coca-Cola CFO John Murphy stated at an industry conference that, given the still uneven consumer demand among different income groups, the company is adjusting its strategy to ensure its beverages remain both affordable and highly attractive. The beverage giant raised its annual profit target in April and said it is responding to the impact of the Israel-Iran conflict. "The outlook for the Middle East situation... remains uncertain," Murphy told investors at the Deutsche Bank Consumer Conference in Paris, adding, "As we move into 2027, this will be on everyone's agenda."
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