Market Movers

Coke profit falls as more in US avoid sugar

Coca-Cola Co. is the world’s leading soft drink maker.

Getty Images/File 2013

Coca-Cola Co. is the world’s leading soft drink maker.


Coca-Cola’s quarterly profit fell 8 percent. Overall volume was down 1 percent in North America, the Atlanta company’s top market, and volume for soft drinks — the biggest share of its products — fell 3 percent. The news comes as Americans seek to cut back on sugary drinks as well as their diet versions. Net income fell to $1.71 billion from a year earlier. Earnings per share fell from 41 cents per share in the fourth quarter of 2012 to 38 cents. Coke said it’s looking abroad for growth.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

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