Coca-Cola lower after earnings and guidance disappoint

|About: The Coca-Cola Company (KO)|By:, SA News Editor

Coca-Cola (KO) tips off that it will make up for soft volume growth with productivity improvements.

The company sees $1B in savings by 2016 through the initiatives with a decent portion of those funds going back into marketing new products.

Guidance from the company is below expectations, due in part to expected currency swings.

KO -2.1% premarket