Profit and Coca-Cola's quarterly sales are higher than expected

Coca-Cola had quarterly sales and profit better than expected to raise prices to offset the impact of the appreciation of the dollar, and said it will spend less with share buyback this year.
Coca-Cola, which called its 2015 "year of transition", has been working to resume sales as consumers migrate to soft drinks such as Coca-Cola and Sprite for healthier options like juices and teas.
The company said that the sales volume of Coke rose 1 percent in the second quarter, helped by the growing advertising and a high of 6 percent in sales volume of Coke Zero.
NET Coke fell 3 percent to 12.16 billion dollars in the quarter ended July 3. Revenue rose 4 percent, excluding the impact of dollar, acquisitions and divestments.
The net profit attributable to shareholders rose nearly 20 percent to 3.11 billion dollars, or 0.71 dollar per share. Excluding items, profit was 0.63 dollar per share.
The average of the analysts expected profit of 0.60 dollar per share and revenue of $ 12.06 billion, according to Thomson Reuters I/B/E/s.