The multinational corporation reported a 2% decrease in revenue, reaching $11.129 billion (€9.781 billion) compared to the same period last year.
Sales of carbonated drinks increased by 2%, driven by strong performance in Europe, the Middle East, Africa, and Asia-Pacific.
Juices, dairy products, and plant-based beverages saw a 1% rise, while water, sports drinks, coffee, and tea marked a 2% growth.
“Despite some pressures in key developed markets, the strength of our global presence allowed us to successfully navigate a complex external environment,” stated James Quincey, Chief Executive Officer of The Coca-Cola Company, in a statement.
