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Coca-Cola, Pepsi Focus On Healthier Drinks

  • Reuters, Monday, July 30, 2018 8 AM

Coca-Cola topped Wall Street estimates for quarterly sales and profit as more consumers bought its healthier soda options such as Zero Sugar and new flavors of Diet Coke, sending its shares up 2.7%. Coke and its smaller rival PepsiCo have been focusing on healthier drinks to garner market share as health-conscious consumers shift away from sugary sodas. The company has launched new flavors of Diet Coke in slimmer packaging and in the quarter introduced no-sugar beverages in smaller markets.

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