Coca-Cola confirms a cane-sugar version of its trademark cola is coming to the US this fall

By DEE-ANN DURBIN Associated Press Business Writer Coca-Cola noted Tuesday it will add a cane-sugar version of its trademark cola to its U S lineup this fall confirming a current announcement by President Donald Trump Trump revealed in a social media post last week that Coca-Cola had agreed to use real cane sugar in its flagship product in the U S instead of high-fructose corn syrup Coke didn t this instant confirm the change but promised new offerings soon On Tuesday Coca-Cola Chairman and CEO James Quincey disclosed Coke will expand its product range to reflect consumer interest in differentiated experiences Coke right now sells Mexican Coke which is made with cane sugar in the U S Bottles of Mexican Coca-Cola are displayed at a grocery store in Mount Prospect Ill Thursday July AP Photo Nam Y Huh We appreciate the president s enthusiasm for our Coca-Cola brand Quincey stated in a conference call with investors Tuesday This addition is designed to complement our strong core portfolio and offer more choice across occasions and preferences Coca-Cola released better-than-expected earnings in the second quarter as higher prices offset weaker sales volumes Development volumes fell globally and in North America but Coke mentioned Tuesday that pricing rose for the April-June period Global matter volumes of Coca-Cola fell mostly due to weaker sales in Latin America One bright spot was Coca-Cola Zero Sugar which saw volumes grow Related Articles In the modern day in History July First solo around-the-world flight Gen Xers mourn drowning death of actor Malcolm-Jamal Warner known as Theo on The Cosby Show Judge gives ex-officer nearly years in Breonna Taylor raid rebuffs DOJ call for no prison time Malcolm-Jamal Warner Cosby Show actor dies in Costa Rica drowning Postal inspectors researching fiery car crash at California post office as an intentional act Traditional Coca-Cola still far outsells the zero-sugar variety but consumer demand for zero-sugar versions is growing much more promptly Global situation volumes of juice dairy and plant-based beverages fell Coke explained Sports drink development volumes were down as higher demand in North America was offset by declines in Latin America Revenue for the Atlanta company rose to billion Adjusted for one-time items quarterly revenue was billion That was in line with Wall Street s forecast according to analysts polled by FactSet Net income jumped to billion Its adjusted net income was cents which was higher than the cents Wall Street forecast Coke declared Tuesday it now expects full-year adjusted earnings to grow At the start of the year Coke had expected earnings to grow to but in April it lowered that range to to Coke earned per share in Shares of Coca-Cola Co were down slightly early Tuesday as were all major U S markets