Coca-Cola Earnings Rise to 88 Cents Per Share
Net revenue rose 5% to $8.4 billion in the quarter, boosted by a strong performance in the North American market, the company said in a statement. International volume also rose 6% in the quarter.
The company is "on track" to achieve its target of $500 million in annualized savings by the end of next year, the statement said.
The Coca-Cola Company plans to repurchase $2 billion of stock in the final quarter of 2010, the statement said.