Coca-Cola Warns on Profits, Shares Drop
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Coca-Cola Co. KO.N on Wednesday said  earnings for the rest of the year would lag Wall Street  expectations because of weakness in key markets, further  highlighting the divergent fortunes of the world's largest soft  drink maker and its top rival, PepsiCo Inc. PEP.N.
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U.S. stocks looked to open lower on  Wednesday as concerns about Hurricane Ivan weighed on sentiment  and Coca-Cola Co. KO.N warned that earnings for the rest of  the year would lag expectations.
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Coca-Cola Co. (KO.N: Quote, Profile, Research) , which warned earlier this week of lower-than-expected profits this year, said on Friday it will pay Chairman and Chief Executive Neville Isdell $1.
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ATLANTA - The Coca-Cola Co. is lowering its long-term targets for earnings and growth in sales volume amid continuing weakness in key markets.
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Coca-Cola Enterprises said its profits fell more than 20 percent in the third quarter, thanks in part to soft retail sales in North America.
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Wall Street stocks fell Wednesday as a gloomy outlook from Coca-Cola Co. and a weaker reading on industrial production for August pressured on the market.
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ATLANTA Sept. 15, 2004 - Soft-drink giant Coca-Cola Co. said Wednesday that it expects second-half 2004 earnings per share to fall short of Wall Street expectations on flat to low volume growth.
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A PROFIT warning from Coca-Cola put the skids under US equities yesterday and a Goldman Sachs survey showing softening corporate spending on technology added to the gloomy mood.
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Coca-Cola Co. KO.N on Wednesday said  earnings for the rest of 2004 would lag current Wall Street  expectations because of weakness in key markets, further  highlighting the divergent fortunes of the world's largest soft  drink maker and its top rival, PepsiCo Inc.
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NEW YORK - In a nod to Wall Streetâs frustrations with his companyâs repeated failure to meet earnings expectations, Coca-Cola CEO Neville Isdell on Thursday cut Cokeâs long-term forecasts while announcing a big boost in annual marketing dollars.
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Coca-Cola warned that its earnings will fall short of forecasts, pointing to competition in North America and poor weather in Europe.
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Soft drink giant Coca-Cola today warned that third quarter and second half results will fall short of expectations due to disappointing 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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Coca-Cola Enterprises Inc. CCE.N, the  world's largest bottler of Coca-Cola soft drinks, on Thursday  forecast its earnings in 2005 would be at the lower end of the  range of analyst forecasts, and its shares fell.
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US stock-index futures dropped after Coca-Cola Co., Xilinx Inc., and Tribune Co. said sales or earnings will miss forecasts. ``Profits and outlooks are falling short and that will disappoint
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Soft drink giant Coca-Cola Co. (KO.N: Quote, Profile, Research) , stung by a prolonged downturn in North America, Germany and other major markets, on Thursday lowered its key long-term earnings and sales targets.
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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.