Comment on Coke profit, revenue fall on flat soda market

Coke profit, revenue fall on flat soda market

For this year, the company said it expects earnings per share to miss its long-term target of high-single-digit growth. Overall beverage volume for the quarter rose 1 percent, boosted by an increase in non-carbonated drinks. [...] executives have blamed concerns about the artificial sweeteners for even steeper declines in diet sodas. For Coca-Cola, part of its strategy for fixing soda sales has been marketing smaller serving sizes.

 

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