Sports Drinks Boost Coca-Cola to $11B Quarter
October 25, 2022
Coca-Cola continues to rack up revenue from its sports drinks segment.
The beverage giant generated $11.1 billion in revenue in Q3 2022 — a 10% increase year-over-year and surpassing Wall Street estimates of $10.52 billion. Sports drinks — which include BODYARMOR, Powerade, and Aquarius — grew 6% during the quarter. FOS