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Coca-Cola's profit up even as sales disappoint
date:Oct 17, 2012
for the period amid the challenging economy and bad weather. Revenue declined 8 percent because of unfavorable currency exchange rates and a less profitable mix of products.

Companies that do a lot of their business overseas are hurt when the dollar is strong because sales in other countries' currencies translate into fewer dollars back home.

Coca-Cola said it earned $2.31 billion, or 50 cents per share, for the period. That compares with $2.22 billion, or 48 cents per share, in the year-ago q

12/23 01:21