Revenue of Coca-Cola decreased again in Q2

July 28, 2016

Revenue of Coca-Cola decreased again in Q2

This article is originally referred from iForex Blog

The Coca-Cola Company released its earnings report for Q2 (April-June) of 2016 before the NYSE opened on Wednesday, July 27. Even though revenue of Coca-Cola decreased again in Q2, net profit of the beverage company has increased from one year earlier.

Struggling in recent years

The Coca-Cola Company released its earnings report in Wednesday morning in local time. According to the report, revenue for 2016 Q2 is $11.5 billion, down 6% from the same quarter of 2015, $12.2 billion, falling short of market expectation, $11.7 billion.

Original Source: iForex Blog

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