Coca-Cola updates guidance ahead of conference presentation

• Coca-Cola (NYSE:KO) updates guidance ahead of a presentation from management today at the Deutsche Bank Global Consumer Conference.
• After factoring in expectations regarding the net impact of acquisitions in Eruope, divestitures, and other structural items on its second quarter results - Cocaa-Cola now expects these items to be a 5 to 6 point headwind on revenue and a 4 to 5 point headwind on income before taxes in Q2.
• Source: Press Release