Coke profit tops expectations, helped by price hikes

April 22, 2015 12:47 PM

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Coca-Cola reported a quarterly profit Wednesday that beat Wall Street expectations as the world's largest beverage maker raised prices to offset slower growth.

The maker of Sprite, Dasani, Powerade and other drinks said its global volume rose 1 percent, reflecting gains in both soda and non-carbonated drinks.

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