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Coca-Cola’s momentum continues; Net revenues fall due to refranchising
Atlanta
The Coca-Cola Company has reported continued momentum in its business for 2018, with strong financial results for the third quarter. While reported net revenues for the quarter declined due to refranchising, the company delivered broad-based organic revenue (non-generally-accepted accounting principles [non-GAAP]) and volume growth across all operating groups, while gaining value share globally.