Coca Cola (KO) Updates on Expected Q4 Impact from FX Headwinds

As previously announced, Kathy Waller, Executive Vice President and Chief Financial Officer, and Sandy Douglas, Executive Vice President and President Coca-Cola North America, will present at the Morgan Stanley Global Consumer and Retail Conference today at approximately 9:20 a.m. EST.

In connection with the presentation, The Coca-Cola Company is updating its expectations regarding the impact currency will have on its fourth quarter results. The Company now expects currency to be a 7 point headwind on net revenues, a 13 point headwind on operating income and an 11 point headwind on income before taxes in the fourth quarter. The Company’s previously announced expectations regarding fourth quarter comparable currency neutral EPS growth remains unchanged.

The Company invites investors to listen to the live audiocast of the presentation at its website, www.coca-colacompany.com/investors. A replay in downloadable MP3 format will also be available within 24 hours after the audiocast on the Company’s website.

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