Coca-Cola tops earnings estimates, as higher prices offset sluggish demand

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Shares of Coke have climbed 18% this year, raising the company’s market value to nearly $300 billion.

📺 24/7 Chicago news stream: Watch NBC 5 free wherever you are, which has been hurt by the fallout from the Quaker foods recalls, a slowdown in snacking and lagging energy drink sales.

Coke has reported strong demand in its international markets, helping offset weaker demand in the U.S. In its home market, consumers have been dining out less, denting the company's off-premise sales and prompting Coke to partner with chains to offer combo meals.last quarter, and executives expressed confidence in the company's ability to meet those targets for the second half of the year.

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Coca-Cola Spiced is getting canceled after 7 months on the marketCoca-Cola Co. is discontinuing its newest “permanent” flavor a little more than seven months after putting the product on the market. The beverage giant said Wednesday that Coca-Cola Spiced and Coca-Cola Spiced Zero Sugar will be phased out and replaced with a new flavor that will be introduced next year. Coca-Cola Spiced went on sale in the U.S.
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