Coke Zero Popped in 4Q While Other Cokes Stayed Flat -- Market Talk
Dow Jones
Feb 14, 2023
10:45 ET - Coca-Cola says carbonated soft-drink sales were flat in 4Q, due in large part to its withdrawal from Russia, but one outlier was Coca-Cola Zero Sugar. Introduced in 2005 and reformulated in 2021, Coke Zero's sales grew 9% during the quarter, driven by strength in developed, developing and emerging markets. Meanwhile, sales of traditional Coke were even with the year-ago quarter. Shares rise 1.5% to $65.73. (dean.seal@wsj.com)
(END) Dow Jones Newswires
February 14, 2023 10:49 ET (15:49 GMT)
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