Coca Cola (KO) Reported a 1c EPS Beat; UBS Raises Price Target to $49
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The Coca-Cola Company Announces Letters of Intent with Three U.S. Bottlers to Grant Expanded Distribution Territories in Seven States
October 21, 2015 7:52 AM EDTCompany Remains on Track to Refranchise Half of Company-Owned U.S. Bottler-Delivered Volume by End of 2017
ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company today announced it has signed letters of intent with three U.S. bottlers to grant expanded distribution territories in seven states as part of its ongoing efforts to refranchise half of Company-owned U.S. bottler-delivered volume by the end of 2017.
In each territory, The Coca-Cola Company will grant exclusive rights to these bottlers for the sale and distribution of bottler-delivered Coca-Cola beverages. In addition, Coca-Cola Refreshments, the Company-owned U.S.... More
The Coca-Cola Company Reports Third Quarter 2015 Results
October 21, 2015 7:30 AM EDTReported net revenue declined 5% and organic revenue grew 3% Global price/mix of 3% reflecting positive pricing and packaging initiatives across key markets Reported EPS was $0.33 and comparable EPS was $0.51 Global volume grew 3% Year-to-date cash from operations increased 5% to $8.4 billion, despite significant foreign currency headwinds Expect full-year comparable currency neutral EPS growth of 5%, in line with the range laid out at the beginning of the year
ATLANTA--(BUSINESS WIRE)--... More
