Coke CEO reduces earnings forecasts
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NEW YORK - In a nod to Wall Streetâs frustrations with his companyâs repeated failure to meet earnings expectations, Coca-Cola CEO Neville Isdell on Thursday cut Cokeâs long-term forecasts while announcing a big boost in annual marketing dollars.
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Coca-Cola Co.  reported lower fourth-quarter earnings on Wednesday, hurt by an asset write-down at its largest bottler, but operating profit exceeded Wall Street expectations.
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Coca-Cola Enterprises Inc., the world&#39;s largest bottler of Coke products, on Thursday said profits fell in the third quarter as the company wrestled with a soft retail environment and a decline in soft drink consumption.
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ATLANTA Sept. 15, 2004 - Soft-drink giant Coca-Cola Co. said Wednesday that it expects second-half 2004 earnings per share to fall short of Wall Street expectations on flat to low volume growth.
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Coca-Cola (KO) reported a 24% drop in third-quarter profit on flat revenue, but beat analysts&#39; reduced expectations that were issued after the beverage giant&#39;s previous warnings.
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CHARLOTTE, NC - Coca-Cola Bottling Co., the country&#39;s second-largest bottler of Coca-Cola drinks, said third-quarter earnings fell sharply as poor weather hurt results.
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U.S. stocks fell on Wednesday after a  profit warning from Coca-Cola Co. KO.N fueled concern about  corporate profits and a Goldman Sachs survey showed softening  corporate spending on technology.
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Coca-Cola Co. KO.N, amid signs that  is it losing market share to arch rival Pepsi, on Wednesday  warned that profit would lag Wall Street expectations for the  rest of the year because of weakness in key markets and said  there was no quick fix for its problems.
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Soft drink giant Coca-Cola Co. (KO.N: Quote, Profile, Research) , stung by a prolonged downturn in North America and other markets, announced on Thursday that it was lowering key long-term earnings and sales targets.
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Coca-Cola Co. KO.N on Wednesday said  earnings for the remainder of 2004 would lag current  expectations because of weakness in key markets.
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ATLANTA -- Coca-Cola Co. warned investors to expect slower earnings and sales growth from the world's biggest soft drink company. But it said it is beefing up spending on marketing its core brands and on innovation as it tries to catch up with consumer's growing thirst for alternatives to soda.
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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, 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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Soft drink giant Coca-Cola today warned that third quarter and second half results will fall short of expectations due to disappointing sales.
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NEW YORK - Stocks headed lower Wednesday after beverage giant Coca-Cola Co. issued a gloomy forecast, and a lower-than-expected reading on industrial production for August threw the nation's broader economic outlook into question...
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Coca-Cola Enterprises Inc. said Thursday its profit fell 20 percent in the third quarter, as volume was hurt by bad weather, a sluggish retail environment and a turn away from regular soft drinks.
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PepsiAmericas Inc. PAS.N on Monday   cut its earnings outlook for the full year 2006 due to   lower-than-expected net pricing and a higher cost of goods sold   in its U.S. business.