Seeking Alpha

Emerging markets carry Coca-Cola in Q1

  • Coca-Cola (KO) reports volume growth of 2% in Q1, led by growth in developing and emerging markets. Sales in China and Brazil accelerated after Coca-Cola increased its marketing spend.
  • The company saw flat volume growth in North America.
  • KO +1.6% premarket as the volume numbers exceeded some of the more negative forecasts from analysts.

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