Coca-Cola is using a sparkling-water brand with a cult following to take over a $16 billion industry (KO)
Topo Chico's sales grew by 30% in the first quarter of 2018, according to Coca-Cola executives. Coca-Cola acquired Topo Chico for $220 million in October 2017. Topo Chico sales grew roughly 30% in the first quarter of 2018, Chaly Jo Moyen said at Beverage Digest's Market Smarts conference this week.