
Coca-Cola's 2023 Net Operating Revenues Up 6% to $45.75 Billion, Faces Potential $16 Billion IRS Tax Liability
The Coca-Cola CompanyDescription
What this story covers
Coca-Cola's 2023 net operating revenues rose 6 percent to 45 point 75 billion dollars, driven by concentrate sales and pricing. Gross profit margin improved to 59 point 5 percent. The company faces a potential 16 billion dollar U.S. tax dispute, alongside risks from geopolitical conditions, competition, and evolving consumer preferences.
Story snapshot
CompanyThe Coca-Cola Company
TickerKO
VariantStandard detailed
Duration34:42
Filing type10-K
PeriodAnnual 2023
IndustryConsumer Goods
Accession0000021344-24-000009
Full Story Script
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