The Coca-Cola Company (NYSE:KO) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ET

Company Participants

Robin Halpern - Vice President & Head of Investor Relations

James Quincey - Chairman & Chief Executive Officer

John Murphy - President & Chief Financial Officer

Conference Call Participants

Dara Mohsenian - Morgan Stanley

Lauren Lieberman - Barclays

Bonnie Herzog - Goldman Sachs

Robert Ottenstein - Evercore ISI

Andrea Teixeira - JPMorgan

Chris Carey - Wells Fargo

Bill Chappell - Truist Securities

Charlie Higgs - Redburn Atlantic

Bryan Spillane - Bank of America

Peter Grom - UBS

Filippo Falorni - Citi

Carlos Laboy - HSBC

Brett Cooper - Consumer Edge

Operator

At this time, I'd like to welcome everyone to The Coca-Cola Company's Third Quarter 2023 Earnings Results Conference Call. Today's call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I would like to remind everyone that the purpose of this conference is to talk with investors and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola's Media Relations department if they have any questions.

I would now like to introduce Ms. Robin Halpern, Vice President and Head of Investor Relations. Ms. Halpern, you may now begin.

Robin Halpern

Good morning and thank you for joining us. I'm here with James Quincey, our Chairman and Chief Executive Officer; and John Murphy, our President and Chief Financial Officer.

We've posted schedules under financial information in the Investors section of our company website at coca-colacompany.com. These schedules reconcile certain non-GAAP financial measures which may be referred to by our senior executives during this morning's discussion to our results as reported under generally accepted accounting principles. You can also find schedules in the same section of our website that provide an analysis of our growth and operating margins. In addition, this call may contain forward-looking statements, including statements concerning long-term earnings objectives which should be considered in conjunction with cautionary statements contained in our earnings release and in the company's periodic SEC reports.

Following prepared remarks, we will turn the call over for questions. Please limit yourself to one question. If you have more than one, please ask your most pressing question first and then re-enter the queue. Now, I'll turn the call over to James.

James Quincey

Thanks, Robin and good morning, everyone. In the third quarter, we delivered strong top line growth, comparable operating margin expansion and earnings per share growth. Our strategy is working. These results continue our track record of consistent delivery. And given our year-to-date performance, we are raising both our top line and bottom line guidance.