Coca-Cola reported higher-than-expected revenue in the fourth quarter as growth in
Revenue rose 7% to
Unit case volumes rose 2% in the quarter, led by sparkling soft drinks, juices and Coca-Cola Zero Sugar. Sports drinks, coffee and tea all saw lower demand.
Net income fell 3% to
Shares of
Coke shares were unchanged in premarket trading.
Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
, source