(Reuters) - Coca-Cola (NYSE:KO) Co reported sales that topped Wall Street estimates for the tenth straight quarter, benefiting from higher prices and strong demand for its zero-sugar sodas.
The company's revenue fell 6 percent to $7.1 billion (£5.5 billion) in the fourth quarter ended Dec. 31, hurt by the refranchising of its low-margin bottling operations. Analysts had estimated sales of $7.03 billion, according to IBES data from Refinitiv.