The company's shares rose nearly 1 percent in premarket trading on Wednesday. Sales in North America, which account for nearly half of total sales, rose for the second straight quarter, indicating that the company's transition plans were gaining traction. Revenue rose 4 percent, excluding the impact of the dollar, acquisitions and divestitures. Net income attributable to shareholders rose nearly 20 percent to $3.11 billion, or 71 cents per share. Coke's shares rose to $41.58.

Source: The Star May 18, 2024 20:30 UTC