Coca-Cola to Launch Cane Sugar Soda in U.S.

Coca-Cola reported a strong second quarter, with a 58% increase in net income to $3.8 billion and adjusted EPS of $0.87, driven by higher prices despite a 1% decline in global case volumes. The company confirmed it will launch a cane sugar version of its flagship soda in the U.S. this fall, following public claims by Donald Trump that he influenced the move, which Coca-Cola acknowledged with appreciation for his enthusiasm. Executives clarified the cane sugar variant has been in development for some time, responding to consumer demand for differentiated products, and that both cane sugar and high-fructose corn syrup versions will be available. Health and Human Services Secretary Robert F. Kennedy Jr. has argued cane sugar is a healthier alternative, though nutrition experts state both sweeteners pose similar health risks. Coca-Cola Zero Sugar volumes rose sharply, but overall beverage volumes, including juice and sports drinks, declined. The company raised its full-year adjusted earnings outlook and plans to release more product details soon.