Coca-Cola tops sales estimates on higher Diet Coke demand [Reuters]
Coca-Cola Company (The) (KO)
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Source: Reuters
Coca-Cola tops sales estimates on higher Diet Coke demand | Reuters Reuters Staff 1 Min Read (Reuters) - Coca-Cola Co ( KO.N ) topped Wall Street estimates for quarterly sales on Wednesday, driven by the success of new versions of Diet Coke. Net income attributable to the company’s shareholders rose to $2.32 billion, or 54 cents per share, in the second quarter ended June 29, from $1.37 billion, or 32 cents per share, a year earlier. Revenue fell 8 percent to $8.93 billion, hurt by the divestiture of its low-margin bottling operations. Analysts had estimated sales of $8.54 billion, according to Thomson Reuters I/B/E/S. Reporting by Nivedita Balu in Bengaluru; Editing by Arun Koyyur All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Coca-Cola tops sales estimates on higher Diet Coke demand (Reuters) - Coca-Cola Co ( KO.N ) topped Wall Street estimates for quarterly sales on Wednesday, drive
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Sec Filings
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- 4/10/24 - Form PX14A6G
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