Dive Summary:
- Coca-Cola has posted its Q1 earnings report, beating analysts' estimates.
- Earnings, which broke down to 46 cents per share (up from 45 last year), topped predictions that saw the company faring much worse as U.S. and European soft drink markets continue to soften.
- Coca-Cola was bolstered by strong emerging market sales in countries like Brazil, Thailand and Russia.
From the article:
"I am pleased with our first quarter performance results, having once again delivered solid growth against the backdrop of a still uncertain global economy," said Muhtar Kent, chairman and CEO of Coca-Cola, in a statement. He added that the company was "on track" to meet its goals for the year 2020. ...
