Tag: North America slaes

Coca-Cola earnings drop despite higher North American sales

NEW YORK, United States (AFP) — Coca-Cola said Thursday the strong US dollar again hit results in some overseas markets, leading to lower fourth-quarter earnings, although it scored higher revenues in North America. The soft drink giant said net income for the quarter ending December 31 fell to $550 million, down 55.5 percent from the final quarter of 2015, due in part to costs associated with the sale of the company’s North American bottling operations to franchisers. […]