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Coca-Cola Misses Sales Estimates Amid Juice, Diet Coke Slide
date:Jul 23, 2014
et higher ingredient costs.

Chief Executive Officer Muhtar Kent is cutting costs and overhauling marketing as he contends with a slowdown in the market for fizzy beverages. Coca-Cola also is increasingly relying on overseas markets to maintain growth.

Cokes Q2 result was weaker than expected, said Dara Mohsenian, an analyst at Morgan Stanley in New York. The bar is low for Coke, but with weak topline results, worse than expected underlying profit, and slight negative EPS guidance revisions in

12/24 11:36