Coca-Cola plans cane-sugar Coke as higher prices boost profits
Coca-Cola
Coca-Cola's quarterly estimates beat expectations, the company said Tuesday, boosted by higher prices even as volumes dropped in key markets, while the company said it would introduce a Coke product made with cane sugar in the United States. Higher prices offset slippage in volumes, which fell 1 per cent after rising 2 per cent each in the previous two quarters, largely due to declines in key markets such as Mexico and India, as well as in its Coca-Cola brand in the U.S. Excluding items, the
din zilele anterioare