You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live



▼  8th Inning 2 outs

Market Movers

Coca-Cola strikes deal on distribution

Coca-Cola makes Sprite, Dasani, and Powerade.

AFP/Getty Images

Coca-Cola makes Sprite, Dasani, and Powerade.

Continue reading below

Coca-Cola has struck preliminary deals to begin handing back more of its US distribution network to independent bottlers, a move that’s expected to improve profit margins. The news came minutes before the world’s biggest beverage maker reported first-quarter results, which topped expectations. It earned $1.75 billion, or 39 cents per share, compared with $2.1 billion, or 45 cents, a year ago. Excluding items, it earned 46 cents per share. Analysts expected 45 cents per share.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of