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Coca-Cola (KO) 23Q2 earnings: Are you satisfied?
The beverage giant reported second quarter results, demonstrating continued resilience and strength in the marketplace despite a dynamic ope Show More
The beverage giant reported second quarter results, demonstrating continued resilience and strength in the marketplace despite a dynamic operating environment.

“We are executing efficiently and effectively on a local level, while maintaining flexibility on a global level. The strength of H1 results and the resiliency of our business give us the confidence to raise our 2023 guidance.” said CEO of the company.

● Revenues: Net revenues grew 6% to $12.0 billion, and organic revenues (non-GAAP) grew 11%.  
● Operating margin: Comparable operating margin (non-GAAP) was 31.6% versus 30.7% in the prior year.
● Earnings per share: EPS grew 34% to $0.59, and comparable EPS (non-GAAP) grew 11% to $0.78.
● Cash flow: Free cash flow (non-GAAP) was $4.0 billion year-to-date, a decline of $45 million versus the prior year.

Q: 1) Is now a good time to own Coca-Cola stocks?
   2) What's your opinion or analysis of the company?
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