KO Earnings: Key quarterly highlights from Coca-Cola’s Q1 2023 financial results

The Coca-Cola Company (NYSE: KO) reported its first quarter 2023 earnings results today.

Net revenues grew 5% year-over-year to $11 billion while organic revenues grew 12%.

Net income attributable to shareowners of The Coca-Cola Company increased 12% to $3.1 billion, or $0.72 per share, compared to last year. Adjusted EPS grew 5% to $0.68.

For the full year of 2023, the company expects to deliver organic revenue growth of 7-8%.

Prior performance