Coke&#39;s Isdell: &#39;We have underperformed since 1997&#39;
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Coke (KO) lowered its long-term targets for earnings and sales volume growth amid continuing weakness in key markets including North America, said it missed the health trend, and said it plans to boost spending on marketing its core brands
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Coca-Cola's new chairman and chief executive Neville Isdell warned in a newspaper interview that turning the troubled US soft-drink group around might take two years.
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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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Coca-Cola reports a 24% drop in quarterly income on the back of weak sales of its soft drinks, juices and bottled waters.
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Coca-Cola Co. , the world's largest soft-drink maker, on Wednesday reported lower fourth-quarter net profit, hurt by an $2.9 billion impairment charge at its largest bottler, but the results exceeded Wall Street estimates.
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As its rivals have diversified and taken risks, the Coca-Cola Company, has struggled to reinvent itself.
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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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After several months of internal reviews, new Coca-Cola (NYSE: KO) CEO Neville Isdell came out with projections for growth in earnings and case volume at the venerable soft drink company that were sharply lower than those previously anticipated.
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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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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.
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Coke falls again on a reduced profit outlook. Bottom feeders, keep your eyes open.
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CHICAGO (CBS.MW) -- Coca-Cola on Thursday posted a 24 percent drop in quarterly profit and said the company is &quot;off our proper growth course,&quot; hampered by weak sales growth and one-time charges.
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NEW YORK (CBS.MW) -- Coca-Cola Co. said Thursday it anticipates weakness in several key markets in 2005 and lowered long-term targets for both volume and operating income growth.
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Coca-Cola Co. KO.N on Thursday  reported a 24 percent drop in quarterly net income due to weak  sales of its soft drinks, juices and bottled waters in Germany  and other key markets.
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The Coca-Cola Co. is forecasting weakness in its key markets next year and is scaling back its long-term targets for earnings and sales volume growth.
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Coca-Cola Enterprises Inc.  said on Tuesday it took a $2.9 billion impairment charge in 2006, and the largest bottler of Coca-Cola  drinks also said it plans to cut about 3,500 jobs, or 5 percent of its global work force.
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Coca-Cola is trying to explain why the worldâs biggest soft-drink company is struggling. The company says Coke was slow to push water, juice and other non-carbonated drinks as consumers became more health-conscious.