Coca-Cola plans to add a cane-sugar version of its trademark cola to its U.S. offerings this fall, moving away from high-fructose corn syrup. This decision aligns with consumer preferences for differentiated experiences. Coca-Cola Chairman and CEO James Quincey noted the change aims to complement its core product range and meet varying consumer choices. The company reported a 1% increase in revenue, totaling $12.5 billion, with net income rising 58% to $3.8 billion, despite a 1% decline in global case volumes largely from Latin America.
Coca-Cola will introduce a cane-sugar version of its cola in the U.S. this fall, moving away from high-fructose corn syrup to accommodate consumer interest.
Chairman and CEO James Quincey emphasized the addition is meant to complement their core portfolio while offering consumers more choices tailored to varying preferences.
Coca-Cola's earnings exceeded expectations, reporting a 1% revenue increase to $12.5 billion, attributed to higher prices that offset falling sales volumes.
Global case volumes fell 1%, primarily due to weaker Latin American sales; however, Coca-Cola Zero Sugar experienced a significant 14% growth in volumes.
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