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Higher prices help put fizz back into Coca-Cola

World's largest beverage company posts first quarterly sales gain in two years, boosting profits

Published Thu, Apr 23, 2015 · 09:50 PM

Atlanta

COCA-COLA Co, the world's largest beverage company, posted its first quarterly sales gain in two years after higher drink prices helped make up for sluggish demand.

The sales increase helped propel profit to 48 cents a share, excluding some items, Atlanta-based Coca-Cola said Wednesday in a statement. Analysts estimated 42 cents, according to data compiled by Bloomberg.

Chief executive officer Muhtar Kent, facing …

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