The net profit of Coca-Cola has decreased by 5% according to the data for the first quarter of this year. Such negative performance was caused by the USD’s strengthening and the decline in consumption of carbonated beverages. However, Coca-Cola has admitted, that in such complex economic environment it managed to achieve good performance. The data exceeded analysts' expectations, but the report release has already led to negative results.
The Coca-Cola shares have shown the record decline and have already fallen by 4.81%. The value still continues to decrease, which gives traders a great chance to earn money. Remember, that trading will be available during the American session, from 14:40 to 21:00 GMT time.
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