Seeking Alpha

Heard during Coca-Cola's earnings call

  • Coca-Cola (KO +0.3%) indicates that its bottler refranchising plan is on target or slightly ahead of schedule. Execs say progress is "exciting" and more details should emerge next quarter.
  • The company sees Q4 profit taking a 5% to 6% hit from F/X - slightly higher than what was originally forecast.
  • Diet soda sales are "under pressure," but execs maintain marketing campaigns are working. Sales of Coke Zero grew mid single-digits during Q3.
  • The company thinks full-year margins should remain consistent with the YTD trend.
  • Earnings call webcast
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