Coke Cuts Long-Term Earns, Volume Targets
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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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NEW YORK - Coca-Cola cut its long-term growth targets Thursday in a bid to create more realistic goals, but the company also expressed a firm belief that it can find ways to recharge its global business.
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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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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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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, the world's largest maker of soft drinks, shakes up its North American operations in an effort to boost profits.
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LONDON - A former Wall Street stockbroker plans to start a hedge fund in an ambitious drive to halve the value of Coca-Cola&#39;s shares within 12 months.
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COCA-COLA has reported a 24 per cent plunge 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 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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Coca-Cola Co., said its second-half earnings will decline because of sluggish sales in North America and Europe. Its shares are traded at the lowest level since May 2003.
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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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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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For the three months ending Sept. 30, Coke said it earned $935 million compared to a profit of $1.22 billion a year earlier. ATLANTA - The Coca-Cola Co.
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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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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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Soft drink giant Coca-Cola Co. KO.N,  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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Coca-Cola Co. KO.N, stung by a  prolonged downturn in North America and other markets, on  Thursday lowered key long-term earnings and sales targets.