Today The Coca-Cola Company (NYSE: KO) reported that net revenues grew 4% on an organic basis. The company gained global value and volume share in nonalcoholic ready-to-drink (NARTD) beverages in the quarter.

Global sparkling beverage volume growth in the quarter was led by 1% growth in brand Coca-Cola, 6% growth in Coca-Cola Zero, 3% growth in Sprite and 2% growth in Fanta. Growth in these brands was partially offset by a 7% decline in Diet Coke. We gained global value and volume share in sparkling beverages in the quarter. 

Global still beverage volume growth in the quarter reflects 7% growth in ready-to-drink tea, 8% growth in packaged water and double-digit growth in value-added dairy. Volume growth in these categories was partially offset by a 1% decline in juice and juice drinks attributable to price increases taken to cover higher input costs and continued industry softness in certain markets. We gained global value and volume share in still beverages, juice and juice drinks, ready-to-drink tea and sports drinks in the quarter.

“Our second quarter results were in line with our expectations and mark continued progress toward restoring momentum in our global business,” said Muhtar Kent, chairman and CEO of The Coca-Cola Company. “We are executing against our strategic initiatives and remain focused on driving efficiencies through productivity and making disciplined investment decisions to accelerate growth. While there is more work to do, we remain confident that we have the right plans in place and are committed to leveraging our superior brand portfolio together with our unparalleled global distribution system to continue creating long-term shareowner value.”

The full earnings press release, including more facts and figures about our second quarter results, can be found here.

Check back later today for more updates from our quarterly call with investors. In the meantime, you can listen live here beginning at 9:30 a.m. ET.