Coke Says It Will Miss 2nd-Half Earnings Estimates
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Soft-drink giant Coca-Cola Co. warned Wednesday that third-quarter and second-half results will fall short of expectations because of soft sales.
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Coca-Cola Co. KO.N, which warned  earlier this week of lower-than-expected profits this year,  said on Friday it will pay Chairman and Chief Executive Neville  Isdell $1.5 million a year.
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Coca-Cola, the world's largest maker of soft drinks, says it is disappointed with last year's performance.
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TORONTO (CP) - Earnings warnings from Celestica and Coca-Cola along with a slowdown in US industrial production sent stock markets lower Wednesday.
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In a statement today supermarket chain Sainsbury said it expected first-half profits to drop nearly two-thirds compared with last year as a result of loss of market share.
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Coca-Cola Co.  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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French superstore operator Carrefour SA warned Tuesday it will miss earnings and revenue targets for 2004 as a result of price-cutting campaigns and the &quot;worsening macroeconomic environment.
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Coca-Cola Enterprises Inc  reported quarterly earnings in line with estimates, as price increases driven by rising aluminum and sweetener costs cut into demand in North America.
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Coca-Cola Co. 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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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. 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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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. 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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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, issues a profit warning, partly  blaming the impact of cold and wet weather in northern Europe.
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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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Wall Street went sour on Coca-Cola yesterday after the soft drinks giant unnerved investors with a profit warning that sent the shares tumbling.