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Tuesday, July 19, 2011

Coca Cola Earnings Up 18% this Quarter

Coca-Cola Company said today that its second-quarter profit jumped 18% to $2.8 billion, or $1.20 a share, from $2.37 billion, in the year-ago period. The maker of sweetened sodas, juice drinks and bottled water said that its productivity initiatives were right on track with the $400 million to $500 million four-year guidance that they planned to "slightly exceed".

Coca cola FEMSA, established in Mexico in 2003, is the second largest Coca-Cola bottler in the world.

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