1033 ET - Coca-Cola is aware that there have been favorable shifts in foreign exchange rates, but "it will take time to see the full benefits," CFO John Murphy says on a call with analysts. The beverage maker hedges much of its developed market and some of its developing market exposure, he says. A weaker U.S. dollar is typically a tailwind for multinational companies. But Coca-Cola will continue to use a disciplined hedging strategy to provide greater certainty for decision-making, the CFO says. Still, the forex shifts prompted Coca-Cola to adjust its guidance to reflect a smaller negative impact from foreign currency translation than previously anticipated. (dean.seal@wsj.com)

(END) Dow Jones Newswires

July 22, 2025 10:33 ET (14:33 GMT)

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