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Coca-Cola quarterly sales fall 4%

The net income attributable to Coca-Cola fell to $1.48 billion

Bottles of Coca Cola are seen in a store display in New York

Bottles of Coca Cola are seen in a store display in New York

Reuters

Coca-Cola Co's quarterly sales fell 4 percent, marking a year of decline, as a strong dollar eroded the value of sales in markets outside the United States.

The net income attributable to Coca-Cola fell to $1.48 billion, or 34 cents per share, in the first quarter ended April 1 from $1.56 billion, or 35 cents per share, a year earlier.

Read more from our special coverage on "COCA-COLA"

Net operating revenue fell to $10.28 billion from $10.71 billion.

 

 

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First Published: Apr 20 2016 | 4:30 PM IST

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