And that helped the world's largest soda maker beat analysts expectations on both its top and bottom lines.

Sales of its flagship Coca Cola and Coca Cola zero sugar turned positive.

Still, the company said its last quarter had been it's most challenging.

Coca Cola derives roughly half of its revenue from sales at public venues such as restaurants, theaters and vending machines.

It said the sales decline in that so called away from home segment has slowed down.

Back in August, Coca Cola launched a restructuring plan.

It's cutting jobs, streamlining its beverage lineup and focusing on popular products like its signature soda.

But its rival, Pepsico, has managed to rebound with improved sales at convenience stores and gas stations and increased demand for its snacks.

Unlike Coca Cola, its revenue and profit both rose.

Nevertheless, Coca Cola shares bubbled up in early trading Thursday.