Shares of Coke have climbed 18% this year, raising the company’s market value to nearly $300 billion.
📺 24/7 Chicago news stream: Watch NBC 5 free wherever you are, which has been hurt by the fallout from the Quaker foods recalls, a slowdown in snacking and lagging energy drink sales.
Coke has reported strong demand in its international markets, helping offset weaker demand in the U.S. In its home market, consumers have been dining out less, denting the company's off-premise sales and prompting Coke to partner with chains to offer combo meals.last quarter, and executives expressed confidence in the company's ability to meet those targets for the second half of the year.
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