ATLANTA — Coca-Cola reported strong third quarter sales as it makes strides with new drinks like Coca-Cola Plus Coffee and no-sugar drinks. Revenue jumped 8% to $9.51 billion, edging out Wall Street expectations for $9.48 billion, according to a survey by Zacks Investment Research. The company announced that Coca-Cola Energy and Coca-Cola Energy Cherry - a flavor exclusive to the U.S. - and their zero-calorie counterparts will be available in 12-oz. Earlier this month rival PepsiCo Inc. reported third-quarter results that beat Wall Street expectations. _____Portions of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.

Source: The Star October 18, 2019 11:20 UTC