Coca-Cola posted better-than-expected revenue in the fourth quarter as its sales volumes rose in the U.S., China and elsewhere.
Revenue for the Atlanta beverage giant rose 6% to $11.5 billion. That was better than the $10.68 billion Wall Street was expecting, according to analysts polled by FactSet.
Analysts had expected Coke’s unit case volumes to be up less than 1%. But the company reported unit case volumes up 2%, reversing a 1% decline in the third quarter.
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