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Tuesday, October 27, 2026Updated 18:58 UTC

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Coca-Cola raises profit forecast as premium drinks, sodas hold strong

Source: Economic Times · Oct 27, 2026 13:21 UTC

Daytime aerial view of hotel towers along the Las Vegas Strip — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Coca-Cola has lifted its annual profit forecast, driven by robust demand for a range of beverages, particularly zero-sugar options. The company now anticipates earnings per share growth of at least 9% by 2026. Their third-quarter revenue soared to $13.38 billion, exceeding analysts' expectations, while Coca-Cola's strong showing stands in sharp contrast to PepsiCo's recent downgrades and cost-cutt

Read the full story at Economic Times

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