Consumers are still filling up on soda even if they have to pay more.
Coca-Cola Co. KO 1.80%▲ on Tuesday reported strong second-quarter sales and raised its revenue outlook for the year as people return to theme parks, movie theaters and travel destinations despite price increases.
“We continue to see resilience and a lot of demand not just in the U.S. but across the world,” Coke Chief Financial Officer John Murphy said in an interview.