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CLAIM #35582 · The Coca-Cola Company (KO) · 2024Q3 earnings call · Oct 23, 2024 · due Dec 31, 2024

I largely believe that it's within our control to return to growth.

James Quincey · CEO

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versus commitment · official band 5 percent
Committed
I largely believe that it's within our control to return to growth.
Reported
In the quarter, we saw India rebound. We saw China get a bit better.

In context

. Good morning. So James, it sounds like momentum sequentially improved through the third quarter from a unit case perspective, which is welcome news. I guess given that as you look forward, how confident are you that you can return trends to positive growth in the fourth quarter? And how much of any expected improvement trajectory is within your control through some of the initiatives you detailed in the prepared remarks versus the system being essentially more dependent on a less -- just a less adverse macro backdrop? Thank you. James Quincey: Thanks, Steve. Clearly, we were not as happy as we could have been in the third quarter with volume, and we focused on adapting quickly and saw improvements through the quarter. So July was the bump and things improved in August through September. I largely believe that it's within our control to return to growth. Actually, the macro environment, I'm sure we'll touch on later, is showing a degree of resilience. There are lots of puts and takes, but a degree of resilience. So I think it's firmly about getting our flywheel of the marketing innovation, the price pack and the execution of the system, and that we can get back to growth, which is very much implicit in our algorithm and our expectations going forward through the fourth quarter into 2025. Operator: Our next question comes from Dara Mohsenian from Morgan Stanley. Please go ahead. Your line is open. Dara Mohsenian: Hi, good morning. Just wanted to focus on the mix component within price mix. You mentioned it was 3% in the quarter. Great result. How sustainable is that as you look going forward out to 2025? And maybe can you talk about some o

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SEC filings for KO · Claim quote is verbatim from the 2024Q3 earnings call.