ATLANTA--(BUSINESS WIRE)--The Coca-Cola Company today reported third quarter and year-to-date 2014 operating results.
Third Quarter And Year-To-Date 2014 Highlights
- Reported net revenues were even in the quarter and declined 2% year to date. Excluding the impact of structural changes, comparable currency neutral net revenues grew 1% in the quarter and 2% year to date.
- Global unit case volume grew 1% in the quarter and 2% year to date. Coca-Cola International volume grew 1% in the quarter while North America volume declined 1%.
- Global price/mix increased 1% in both the quarter and year to date.
- Reported operating income increased 10% in the quarter and 2% year to date. Excluding the impact of structural changes, comparable currency neutral operating income grew 5% in both the quarter and year to date, while the Company continued to invest for growth in its brands with its global system partners.
- Third quarter reported EPS was $0.48, a decline of 13%, and comparable EPS was $0.53, even with the prior year quarter. Comparable currency neutral EPS increased 6%.
- Year-to-date cash from operations was $8.0 billion. Full report.
