Coke Profit Drops on U.S., European Sales
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Coca-Cola Co. KO.N on Thursday  reported a 24 percent drop in third-quarter net income due to  weak sales of its soft drinks, juices and bottled waters in  Germany, North America and other key markets.
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U.S. stocks were lower on Wednesday  after a profit warning from Coca-Cola Co. KO.N renewed  investors' doubts about earnings growth in the second half of  the year.
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Soft drink giant Coca-Cola Co. (KO), stung by a prolonged downturn in North America and other markets, announced on Thursday that it was lowering key long-term earnings and sales targets.
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Coca-Cola Co.  reported lower fourth-quarter earnings on Wednesday, hurt by an asset write-down at its largest bottler, but operating profit exceeded Wall Street expectations.
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ATLANTA - Coca-Cola Enterprises Inc., the largest bottler of Coca-Cola products, lowered its full-year earnings outlook and put its third-quarter forecast below analysts&#39; expectations due to softer-than-expected volume trends.
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U.S. stocks opened lower on Wednesday  as Coca-Cola Co. KO.N upset sentiment by warning earnings for  the rest of the year would lag expectations, while concerns  about Hurricane Ivan and its effect on crude prices continued  to weigh on investors.
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NEW YORK, October 22  - Coca-Cola Company (KO.NYS) reported a 24% decline in its 3Q04 profits, driven primarily by the sluggish sales of its soft drink, juice and bottled water products in the US and European markets.
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Coca-Cola Enterprises Inc. (CCE.N: Quote, Profile, Research) , the world&#39;s largest bottler of Coca-Cola drinks, reported on Thursday a 20-percent drop in quarterly profit
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Diageo, the world's biggest maker of alcoholic drinks, has said that net profit fell 23 percent to 895 million pounds (1.339 billion euros, 1.760 billion dollars) in the first six months of its financial year.
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Coca-Cola Co.  on Wednesday said earnings for the remainder of 2004 would lag current expectations because of weakness in key markets.
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Soft drink giant Coca-Cola Co. , stung by a prolonged downturn in North America and other markets, announced on Thursday that it was lowering key  long-term earnings and sales targets.
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Coca-Cola Co. KO.N on Thursday  reported a 24 percent drop in third-quarter net income due to  weak sales of its soft drinks, juices and bottled waters in  Germany and other key markets.
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Soft drink giant Coca-Cola Co. KO.N,  stung by a prolonged downturn in North America and other  markets, announced on Thursday that it was lowering key   long-term earnings and sales targets.
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Coca-Cola Co. (KO.N: Quote, Profile, Research) on Thursday reported a 24 percent drop in third-quarter net income due to weak sales of its soft drinks, juices and bottled
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Cadbury Schweppes Plc, the maker of 7Up and Dr Pepper, said 2004 earnings will be at the low end of forecasts as demand in the US and Europe stagnates, days after Coca-Cola Co.
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PepsiCo Inc  reported lower  quarterly profit on Thursday, hurt by a higher tax rate and a  decline in sales volume of carbonated soft drinks.
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Take a big gulp: Citing persistent weakness in key markets, Coca-Cola (nyse: KO - news - people ) is reducing its long-term targets for sales volume and earnings growth.