“And we look to the rest of the year in line with what James is saying to moderate as we get into the back half of the year on the pricing front and to continue to be laser-focused using our RGM work to stay with the consumer.”

In context

“f you could comment on that. It looked like margins kind of reached toward a new high watermark. And I was just curious how much of that -- if there was anything onetime or if it has to do with portfolio mix and realization of pricing? James Quincey: Sure. Do you want to do it, John? John Murphy: Sure. Thanks, Lauren. Yes, on the back of what James just said, a strong start to the year. We expected in Q1 to see North America coming out to [ Gates ], given the carryover pricing that we knew would be a tailwind for the quarter. We also saw benefits from immediate consumption been strong through the quarter. And as we look to the rest of the year, we continue to keep in mind our ongoing objectives to expand margins. But Q1 was, let's say, we came out of the gate strong, we knew we would. And we look to the rest of the year in line with what James is saying to moderate as we get into the back half of the year on the pricing front and to continue to be laser-focused using our RGM work to stay with the consumer. So we feel good about the start. Rest of the year is looking positive. And yes, we'll take into account, I think, some of the trends we're seeing on the macroeconomic and consumer front and manage the -- that environment with the various levers we have. Operator: Our next question comes from Bonnie Herzog from Goldman Sachs. Bonnie Herzog: I had a question on your business in Europe. Organic sales in the quarter were incredibly strong. You're up 23% on a tough comp. So just curious if you could help us unpack this a bit more. Maybe touch on the resilience of the consumer. How big of a factor the mild winter was? And then were there any countries within Europe that were particularly strong, for instance? James Quincey: Yes. Thanks, Bonnie. Look, firstly, EMEA is more than just Europe.”