Coca-Cola taps sales boost amid soaring inflation

Soft-drink maker said it benefited from bundling different sizes and mixes of its products for inflation-wary consumers

Coca-Cola said it now sees organic revenue growth of 14% to 15% for the full year.

Coca-Cola said its third-quarter sales and profit surpassed expectations and the beverage giant raised its guidance for the year, as the company got a boost from value-conscious products amid soaring inflation.

The Atlanta-based soft-drink maker, whose beverages include Fanta, Minute Maid juices and Powerade sports drinks, said it benefited from bundling different sizes and mixes of its products for inflation-wary consumers.