Coca-Cola saw its profit decline 8 percent in the first quarter as the company struggled in some key global markets, including a 1 percent drop in carbonated volume in North America.

Net income for the quarter ended March 28 was $1.62 billion or 36 cents a share compared to $1.75 billion or 39 cents a share during the same period in 2013. Net revenue fell 4 percent to $10.6 million

Despite the carbonated volume drop in North America, overall volume was even. The company’s main brand, regular Coke, improved with even volume.

Globally, case volume grew 2 perent.

About the Author

Keep Reading

(Illustration: Marcie LaCerte for the AJC)

Credit: Marcie LaCerte for the AJC

Featured

Atlanta art and antiques appraiser and auctioneer Allan Baitcher (right) takes bids during a 2020 auction. Baitcher and his company, Peachtree Antiques, are being sued by a Florida multimillionaire who says he paid them $20 million for fakes. (AJC 2020)

Credit: Phil Skinner / Staff