Coca-Cola’s profit, in its first quarter under new CEO James Quincey, beat analysts’ estimates on higher demand for its healthier non-carbonated beverages as well as low- and no-sugar versions of its sodas. Coca-Cola, like rival PepsiCo, has been building its non-carbonated drinks portfolio and stepping up efforts to reduce sugar in its beverages as consumers look for healthier options. "Organic revenue growth in sparkling soft drinks was led by innovation in and marketing support for our low- and no-sugar options like Coca-Cola Zero Sugar," Quincey said in a statement. Global volume sales of low- and no-calorie soda drinks rose in the mid-single digits in the second quarter ended June 30, the company said on Wednesday. The world’s largest beverages maker said it plans to introduce Coke Zero Sugar in the US in August. Coca-Cola said demand rose for its non-aerated drinks such as innocent juice and smoothies in Europe. The company is delivering on its strategic priorities — growing s...
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