ATLANTA -- Brisker sales for Coca-Cola's still beverages in North America offset declining consumption of carbonated soft drinks in the third quarter.
Coca-Cola Co.'s net income climbed 6% to $2.45 billion, or 54¢ a share, in the third quarter, up from $2.31 billion, or 50¢ a share, in the same period last year. Revenue fell 3% to $12.03 billion from $12.34 billion.
Coke's global beverage sales volume grew 2%. In North America, sales volume climbed 2%, largely attributable to the strong performance of Coke's noncarbonated drinks. Still-drink and bottled water sales rose 5%, and sales of teas, including Honest Tea and Fuze, saw double-digit percentage growth. Carbonated beverage sales in the North America stayed level.
Beverage volume rose 5% in the Asia-Pacific region and 4% in Eurasia and Africa. Volume fell 1% in Europe and held steady in Latin America.
Coca-Cola chief executive Muhtar Kent reported that the Coke brand delivered a record 181 billion beverage servings in the quarter.
The Coca-Cola chief said the beverage giant was on track to achieve its goal of doubling its 2010 "system revenue," which includes its sales and those of its bottlers, by 2020.