Saturday, February 13, 2010

Coca Cola Earnings

Coca cola is facing dent in its sales due to cut back on soft drinks as consumers are looking for healthier options especially in Japan, North America and Europe.

The company is looking to introduce juices and teas in these markets. It has bought some stakes in a coconut water company ZICO. It also wants to emphasize the nature and fruits on its lables to appeal to health conscious consumers.

CEO Muhtar Kent hopes to double Coca Cola’s revenue to $200 billion

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