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This Article is From Feb 09, 2016

Coca-Cola's Quarterly Sales Fall 8%

Coca-Cola's Quarterly Sales Fall 8%
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Coca-Cola Co reported an 8 per cent fall in quarterly net revenue, as a strong dollar once again reduced the value of sales from outside the United States.

The net income attributable to shareholders rose to $1.24 billion, or 28 cents per share, in the fourth quarter ended December 31, from $770 million, or 17 cents per share, a year earlier.

Net operating revenue fell to $10 billion from $10.87 billion.

© Thomson Reuters 2016

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