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This Dividend King Sees an Inflation Crunch Into 2023

TheMotleyFool

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This Dividend King Sees an Inflation Crunch Into 2023: https://g.foolcdn.com/editorial/images/707338/22_09_29-a-person-looking-at-a-laptop-raising-their-arms-as-if-frustrated-_gettyimages-1359039717_mf-dload.jpg

Coca-Cola (NYSE: KO) is an iconic drink maker with hugely powerful brands that people tend to buy in good economies and bad. However, that doesn't mean the company is immune to economic gyrations.

Right now Coca-Cola is putting up very strong results, but management seems to be hinting that things could change next year. Here's what you need to know.

Coca-Cola's third-quarter earnings report was, overall, pretty good reading. For example, adjusted earnings per share rose a healthy 7% year over year. Case volume was up 4%. And organic revenues were higher by a whopping 16%.

Source Fool.com

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