New Delhi, Oct. 21 -- Coca-Cola Co. reported third quarter sales figures that eclipsed Wall Street expectations-a strong signal that punters are continuing to hoover up the company's fizzy drinks and other beverages despite the higher tally at the till.
The Atlanta-based drinks firm announced organic turnover growth of 6 per cent, outstripping the average of analyst forecasts. Furthermore, adjusted earnings per share (EPS) also came in ahead of projections.
At 10:43 AM EDT, Coca-Cola shares were up 3.57%, or $2.44, at $70.88.
Published by HT Digital Content Services with permission from MINT....
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