Coca-Cola's Coke Zero Drives Sales Turnaround Amid Shift to Low-Calorie Drinks
Coca-Cola (KO) reported a 6% stock increase after exceeding earnings expectations, driven by strong sales of Coke Zero Sugar and a shift toward low-calorie beverages. Global unit case volume rose 3%, with Coke Zero Sugar seeing a 13% increase in volume. The company attributes the growth to consumer trends toward health-conscious and cost-effective options.
Tickers: $KO
Topics: Coca-Cola Coke Zero Consumer Trends Earnings Report Sales Turnaround