Coca-Cola Co beat estimates for quarterly sales and profit on Tuesday, as it sol...
FILE PHOTO: Cans of Coca-Cola are pictured in the refrigerator during an event in Paris, France, March 21, 2019. REUTERS/Benoit Tessier
After facing years of declines in soda sales, beverage makers are attracting consumers with flavored waters, reformulated recipes, new fruity flavors and low-sugar drinks. Organic sales, which exclude the impact of currency swings and acquisitions, rose 6 percent. Price hikes and stockpiling by its bottlers due to Brexit uncertainty also helped sales.
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