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Coca-Cola 3rd-quarter profit declines
Posted: 10.20.2009 at 8:29 AM
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The soft-drink maker says it earned $1.91 billion, or 81 cents per share, compared with $1.92 billion

(AP) -- Coca-Cola says its third-quarter profit declined less than 1 percent, as sales fell as consumers continued to limit soft drink purchases and the stronger dollar took a toll on revenue. 

The soft-drink maker says it earned $1.91 billion, or 81 cents per share, compared with $1.92 billion, or 81 cents per share, a year earlier.  Atlanta-based Coca-Cola Co., the world's largest soft-drink maker, says revenue slumped to $8.04 billion from $8.39 billion. 

Analysts polled by Thomson Reuters forecast profit of 81 cents per share on revenue of $8.11 billion. 

Sales rose in emerging markets including India, China and Brazil.

(Copyright ©2009 by The Associated Press. All Rights Reserved.)

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