Coca-Cola recovery continues as it grows leaner in pandemic The Coca-Cola Co. said it saw gradual improvement in the third quarter, as it turned its focus to emerging leaner from the global pandemicCoca-Cola measured gradual improvement in the third quarter as it focused on emerging leaner from the global pandemic. The company saw sales improve in India, Brazil and Japan in the third quarter, for example, but Mexico's recovery has been below expectations. Coke said it will use the savings to invest in growing brands like Minute Maid and Simply juices and fund the launch of new products like Topo Chico Hard Seltzer, Coca-Cola Energy and Aha sparkling water. Topo Chico Hard Seltzer — a boozy version of a popular Mexican mineral water — is a rare foray into alcohol for Coke. Topo Chico Hard Seltzer is already sold in a handful of cities in Latin America.

Source: ABC News October 22, 2020 11:53 UTC