Los Angeles — Coca-Cola is getting results from its moves to slim down operations and revamp products for healthy-minded consumers. The company posted sales that beat analysts’ estimates in the first quarter, helped by refreshed versions of its core diet brands and a growing portfolio of products that push beyond soda into new categories. Atlanta-based Coca-Cola has, for years, been selling off the bottlers it owned to refocus on becoming a marketing and formulation company. After a lengthy transition period, the strategy is finally bearing fruit, with the company saying it’s on-track to deliver full-year targets. The growth of both new and core brands affirms the company’s long-term strategy. Slow results previously failed to excite investors, putting Coke’s stock in a holding pattern. That may now change. The shares gained as much as 1.6% as of 7.42am in early trading in New York. The stock was down 4.1% this year by Monday’s close. CEO James Quincey has pushed Coke to grow beyond...

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