Business
(2009-10-20)
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US sales overall were sluggish, but more people across the world are reaching for a Coke. That led Chairman and CEO Muhtar Kent to proclaim:
"We have achieved our revenue and profit targets for the first nine months of the year, and we remain committed to our long-term growth model going forward."
China, India, Brazil and Mexico showed the biggest gains for the world's largest soft drink company. Sales abroad account for about 85% of Coke's revenues.
Coke's non-carbonated lineup--such as bottled water, sports drinks and juices--also showed sales gains.
Jim Burress, WABE News.
© Copyright 2009, WABE
