Coca-Cola raises annual sales forecast on global demand, higher prices
Yahoo Finance -

Both Coca-Cola and PepsiCo are also enjoying buoyant demand for their products in international markets such as Europe and Asia where relaunches of Georgia Coffee, Sprite reformulations and a foray into newer markets have helped bump up sales. Coca-Cola's organic revenue in Europe, Middle East and Africa rose 15% in the first quarter, while in North America it increased 7%. Coca-Cola has also increased the number of weeks that retailers promote its 1.25-liter sodas as part of a value bundle...

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