Market Currents
Heard on Coca-Cola's (KO -1.7%) earnings call: 1) Execs defend the 3% volume growth, saying it's...
-
Tuesday, February 12, 10:21 AM ETHeard on Coca-Cola's (KO -1.7%) earnings call: 1) Execs defend the 3% volume growth, saying it's a level which keeps it on pace with both the 2013 goals and long-term targets set by the company. 2) Confidence in the long-term business in China is expressed and double-digit growth in other Asian markets is highlighted. 3) Spending increases will focus on strengthening brands with sparkling beverage a focus. 4) Currency headwinds affected results by 3% in 2012. 5) Coca-Cola sees making share repurchases of $3B-$3.5B in FY13 and will pay a "healthy" dividend. (webcast)
Other date
Latest Consumer Articles
