The Coca-Cola Company

Coca-Cola Sees Profits Increase

Submitted by namstutz on Tue, 07/21/2009 - 3:10pm

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Profits spiked 43 percent in the second-quarter, topping Wall Street expectations.

Associated Press

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ATLANTA

In Georgia business news… The world’s largest beverage maker says its profits spiked 43% in the second-quarter, topping Wall Street expectations. The rise in profits for Atlanta-based Coca-Cola is due to big restructuring changes and asset write-downs from the previous quarter clearing off the books. Sales for the second quarter actually fell 9%. Coca-Cola earned just-over $2 billion, or 88 cents a share for the quarter ending July 3rd. It’s a jump up from $1.4 billion in revenue from the year earlier.

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The rise in profits is due to restructuring changes and asset write-downs from the previous quarter. (photo courtesy of Wikimedia)

426 - Jerry Wilson, Senior Vice President, The Coca-Cola Company - February 22, 2009

Submitted by mbritt on Tue, 02/17/2009 - 9:29pm

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Georgia's Business

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Episode #426
Jerry Wilson
Senior Vice President, The Coca-Cola Company

As unemployment inches toward double digits, thousands of Georgians are faced with the real prospect of losing their jobs...or the immediate need to find a new one. In this environment, how do you do that? For advice, we turn to the world’s most valuable brand: Coca-Cola, and one of their senior executives, Jerry Wilson, whose new book is all about creating the brand that is you.

Download a transcript of this episode. (PDF)