People are drinking more Coca-Cola despite costs and a slow economy


  • Business
  • Wednesday, 16 Oct 2013

NEW YORK: Coca-Cola Co on Tuesday reported quarterly earnings that met Wall Street's expectations as it sold more of its namesake soft drinks, as well as teas and waters, despite a challenging economy.

Morningstar analyst Tom Mullarkey said he was encouraged by Coke's global volume growth, which reached 2 percent overall, as well as the popularity of the Coca-Cola brand in North America.

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