The Coca-Cola Company announced a robust third-quarter performance on Tuesday, attributing its revenue growth primarily to increased pricing strategies. The Atlanta-based beverage leader reported a 6% rise in organic revenue, reaching $12.41 billion for the July-September period, aligning with Wall Street expectations as per FactSet analyst polls. Global unit case volumes saw a modest 1% increase, with notable regional variations: flat growth in North America and Latin America, a 1% decline in Asia, and a 4% surge in the Europe, Middle East, and Africa (EMEA) region. The company implemented a 6% price hike during the quarter, contributing significantly to its financial uptick. Coca-Cola Zero Sugar emerged as a star performer, with global unit case volumes soaring by 14%, while Diet Coke and Coca-Cola Light experienced a 2% growth. The water, sports drinks, coffee, and tea category saw a 3% rise, contrasting with a 3% drop in dairy and juice volumes. Net income surged by 30% to $3.69 billion, with adjusted earnings per share at 82 cents, surpassing the 78 cents forecasted by analysts. In a strategic move, Coca-Cola revealed plans to refranchise its African bottling operations. The company, along with Gutsche Family Investments, agreed to sell a 75% controlling stake in Coca-Cola Beverages Africa (CCBA) to Coca-Cola HBC AG, a major Swiss-based bottler, in a deal valued at $2.55 billion. Coca-Cola will retain a 25% stake in CCBA, the continent’s largest bottler operating in 14 countries and accounting for 40% of Coke’s product volume in Africa. The transaction is expected to conclude by the end of 2026. Following the announcement, Coca-Cola shares climbed 2.6% in premarket trading.