CocaCola Raises Annual Profit Forecast

CocaCola raised its annual profit forecast as strong international soda demand offset rising North American input costs. Third-quarter revenue beat estimates and operating margins rose.

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Bottles of Coca Cola are displayed on a shelf in a supermarket in Sarajevo, Bosnia and Herzegovina October 29, 2024. REUTERS/Dado Ruvic

COCA-COLA CO raised its annual profit forecast on Tuesday morning, driven by strong international demand for soft drinks in India and Brazil amid higher sales of premium beverages.