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Coffee-Infused Soda Drives Coca-Cola Revenue Beat


Coca-Cola reported better-than-expected quarterly revenue on Friday, boosted by strong demand for its zero-sugar sodas and Coca-Cola Plus Coffee, a blend of its traditional soda and coffee.

Faltering demand for sugary drinks has forced the world’s two largest beverage makers, Coca-Cola and PepsiCo, to roll out low-sugar drinks, while diversifying their offerings into coffee, tea and bottled waters to boost sales.

Coca-Cola has been rolling out new offerings such as Coca-Cola Plus Coffee as well as drinks in small packs that command higher prices and are more appealing to consumers. It also expanded its coffee business with the multibillion-dollar purchase of Britain-based Costa Coffee last year.

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