Quarterly net revenue increased 7% to $13.4 billion, beating estimates by $240 million. Meanwhile, underlying operational momentum was supported by 6% organic revenue growth, which exceeded the upper limit of the company’s long-term growth algorithm. Importantly, while other CPG companies faced volume decreases, Coca-Cola experienced a 5% worldwide unit case volume gain. This execution boosted Trademark Coca-Cola to 5% global volume growth, its best non-pandemic quarterly expansion in 17 years, while POWERADE saw an 8% volume increase. Moreover, Coca-Cola directly benefited from changing dietary habits: Coca-Cola Zero Sugar volume increased 16% globally, while fairlife ultra-filtered dairy grew 18% in the first half of the year.