Coca-cola Dims 2016 Outlook On Weaker Revenue Growth

Image source: The Coca-Cola Company.The Coca-Cola Company's (NYSE: KO) second-quarter 2016 earnings, released on Wednesday, continued the first quarter's theme of declining revenue resulting from carbonated-beverage weakness. Earnings fared better as the multinational refreshment purveyor increased earnings per share by 11% in the quarter. Nonetheless, ongoing volume softness in key international markets caused Coca-Cola to revise its outlook for the rest of the year.Continue reading

Topics:  ko second-quarter   coca-cola   company   outlook   revenue   earnings   

 

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