---
schema_version: "secwatch.filing_event.v1"
accession: "0000021344-23-000057"
form_type: "8-K"
ticker: "KO"
cik: "0000021344"
company_name: "COCA COLA CO"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:52:27.920197+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Coca-Cola Q3 net rev $12.0B (+8%), comp EPS $0.74 (+7%), raises full-year guidance

## Summary
- Net revenue $12.0B (+8% reported, +11% organic); unit case volume +2%.
- Comparable op margin 29.7% vs 29.5% prior year; GAAP op margin 27.4%.
- Comparable EPS $0.74 (+7% reported); GAAP EPS $0.71 (+9%). Currency headwind 4 pts.
- Raises full-year topline and bottom-line guidance citing year-to-date momentum.
- Entered LOI to refranchise Philippines bottling ops to CCEP & Aboitiz; Africa IPO pending.

## SEC filing metadata
- accession: 0000021344-23-000057
- form_type: 8-K
- ticker: KO
- cik: 0000021344
- company_name: COCA COLA CO
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/21344/000002134423000057/0000021344-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/21344/000002134423000057/ko-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000021344-23-000057
- JSON: https://secwatch.observer/filing/0000021344-23-000057.json
- Plain text: https://secwatch.observer/filing/0000021344-23-000057.txt

## Key facts
- Earnings Releases
  COCA COLA CO reported third quarter 2023 results: revenue $12.0 billion, EPS $0.71. Guidance raised.
  - Period: third quarter 2023
  - Revenue: $12.0 billion
  - EPS: $0.71
  - Guidance: raised
  - Result: reported results
  source text: system, positions us to win in the marketplace today while also laying the groundwork for the long term.” Highlights Quarterly Performance • Revenues: Net revenues grew 8% to $12.0 billion, and organic revenues (non-GAAP) grew 11%. Revenue performance included 9% growth in price/mix and 2% growth in concentrate sales. Concentrate sales were in line with unit case
  evidence_url: https://www.sec.gov/Archives/edgar/data/21344/000002134423000057/0000021344-23-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.