October 18, 2019 / 11:08 AM / a month ago

Coca-Cola's quarterly sales tops Wall Street expectations

Oct 18 (Reuters) - Coca-Cola Co beat Wall Street expectations for quarterly sales on Friday, boosted by demand for zero-sugar sodas and Coca-Cola Plus Coffee.

Net operating revenue climbed 8.3% to $9.51 billion in the third quarter ended Sept. 27, beating the average analyst estimate of $9.43 billion, according to IBES data from Refinitiv.

The company said it now expects full-year organic revenue growth excluding currency fluctuations, acquisitions and divestitures to be at least 5%, from its previous forecast of 5% growth. (Reporting by Soundarya J in Bengaluru Editing by Saumyadeb Chakrabarty)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below