Coca Cola (KO) Tops Q4 EPS by 1c
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The Coca-Cola Company Reports Fourth Quarter and Full-Year 2015 Results; Announces Accelerated Refranchising Plans
February 9, 2016 6:55 AM ESTFourth quarter reported EPS was $0.28 and comparable EPS was $0.38
Announced accelerated refranchising plans in North America and non-binding letter of intent to refranchise Company-owned bottling operations in China
Full-year reported net revenue declined 4% while organic revenue grew 4%. Reported net revenue and organic revenue declined 8% and 1%, respectively, in the quarter, primarily due to the impact of six fewer days in our reporting calendar. Global volume grew 3% in the quarter and 2% for the full year. Global price/mix grew 2% in the... More