Coke Warns of Slack Sales for a Year or So
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Coca-Cola, suffering from weak sales in North America and other important markets, said yesterday that it would sharply scale back its projections for the amount of beverages it expects to
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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 plans to cut about 3,500 jobs, or 5 percent of its global work force.
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Coca-Cola said its better-than-expected results were due to strong international sales, a weak dollar, a lower tax rate and demand for Coke Zero.
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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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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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Coca-Cola Co. KO.N on Thursday  reported a sharp 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. says its third-quarter per-share results will drop at least 24 per cent because of poor weather in Europe and problems executing its business strategy in North America.
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Coca-Cola Co.  Chief Executive E. Neville Isdell on Thursday reiterated that the soft drink maker expects solid long-term revenue and volume growth, and high-single-digit growth in earnings per share despite "strong headwinds" in North America.
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he Coca-Cola Company warned yesterday that its earnings for the second half of the year would fall short of forecasts, citing competitive pressures in North America and unseasonably cool and rainy weather in Europe.
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The world&#39;s largest soft drink maker, Coca Cola, has lowered its sales targets. The news, coming from the company&#39;s new CEO, Neville Isdell, is the latest gloomy forecast from the beverage giant.
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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 warned that its earnings will fall short of forecasts, pointing to competition in North America and poor weather in Europe.
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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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Coke is under attack again for its record in the developing world, this time from a Wall Street stockbroker who aims to half the value of the companyâs share price.
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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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Coca-Cola Co.  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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COCA-COLA has warned that its earnings for the rest of 2004 will be below expectations because of weakness in key markets, highlighting the divergent fortunes of the company and its top rival, PepsiCo.