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Story summary
- Coca-Cola Co. reported third-quarter sales rose 6%, beating Wall Street expectations.
- The growth comes from strong demand for zero-sugar beverages and premium products.
- Coca-Cola plans to launch cane sugar soda in the United States (U.S.) and mini cans under $2.
- It refranchises its bottling operations in Africa, selling a 75% stake in Coca-Cola Beverages Africa for $2.55 billion.
- Revenue totaled $12.46 billion, with adjusted earnings per share at 82 cents.
