Reported about 15 hours ago
Coca-Cola's shares rose over 3% following the company's better-than-expected third-quarter profits, despite slight revenue misses in a challenging market. The company reported adjusted earnings of $0.82 per share, with a 5% increase in revenue year-over-year to $12.46 billion. As part of its strategy, Coca-Cola announced plans to sell a majority stake in Africa's largest bottler, confident in meeting its 2025 targets amidst fluctuating consumer demand.
Source: YAHOO