Coca-Cola said it profits fell in the latest quarter, as the world's largest beverage maker of weak sales growth due to bad weather and challenging economic conditions.
Coke's share price fell by almost 3% in pre-market trading.
Company headquarters is located in Atlanta, which makes water Sprite, Powerade, and says, that the global volume rose 1%, during this period. But in its flagship north American market, trading volume decreased by 1%, including a 4% drop in the su.
For the second quarter, the Coca-Cola company, said it earned $2.68 billion, or 59 cents a share. This is from $279 million, or 61 cents a share, to fall in the same period last year.
After excluding one-time items, the company said it earned 63 cents a share, in line with Wall Street expectations.
Revenue fell to $12.75 billion, analysts' forecasts of $12.95 billion.



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