Higher Prices Bring In More Profit for Coca-Cola

Filed under: Company News, Coca-Cola Company, Earnings, Food & Beverage

AP ATLANTA -- Coca-Cola said its profit rose in its second quarter as it raised prices, cut costs and benefited from a gain related to its purchase of a stake in energy drink maker Monster Beverage.The Atlanta-based maker of Sprite, Dasani and Powerade said global beverage volume rose 2 percent in the quarter, with revenue climbing 4 percent when stripping out the impact of structural changes and currency exchange...

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