Coca-Cola seeks formula for future growth
Yet the company said it expects its earnings to fall this year, and shares of Coca-Cola dropped more than 2 percent Thursday.
The company, which makes Fanta, Sprite and Powerade, is in the process of selling off its bottling businesses to independent companies that will bottle its sodas and other drinks.
Instead of bottling, Coca-Cola is focusing on marketing its brands and selling syrups and concentrates to the bottlers.
Earnings, adjusted for one-time costs and asset impairment costs, came to 37 cents per share.
Global sales volume dipped 1 percent, with a 4 percent drop in Latin America and 1 percent increases in both North America and Europe.