After Coca-Cola's Strong Earnings, A Dividend Increase In The Next 2 Weeks Appears Likely
By Zvi Bar:Coca-Cola Co. (KO), the world's largest soft-drink maker, reported fourth-quarter profit above Wall Street expectations due to continued growth in sales within Asia. Coca-Cola reported profit excluding one-time items of 79 cents per share, about 2 cents above average estimates.See a recent performance chart for KO:(Click chart to expand)The beverage maker reported strong sales growth in Asia, including fourth-quarter sales volume growth of 10 percent in China and 5 percent in Japan. The company also had continued strong performance by its namesake drink, Coca-Cola, as well as Coke Zero within the North American division.Total sales for the quarter rose 5.2 percent to $11 billion. The Pacific region division, including China and Japan, increased its sales volumes by 5 percent. Sales within the Eurasia and Africa division increased by 4 percent, with sales volume in India jumping 20 percent.Coca-Cola also announced plans to reduce costs byComplete Story »
- Original article
- Login or register to post comments

