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Coca-Cola earnings grow, but consumer demand remains tepid

Coca-Cola beat Wall Street expectations on Tuesday but the results revealed a familiar story of soft demand – particularly in America and Asia – underscoring ongoing pressures facing global consumers. The world’s biggest soft drink maker said revenue rose 5% to 12.5billioninthethirdquarter,helpedbyhigherpricesandstrongsalesofCocaColaZeroSugar,whichgrew1412.5 billion in the third quarter, helped by higher prices and strong sales of Coca-Cola Zero Sugar, which grew 14%. Net income was 3.7 billion, up sharply from a year ago. Adjusted earnings per share came in at 82 cents, topping analyst forecast ...