TMCnet News
XplosiveStocks.com: Coca Cola Co. (NYSE: KO) Xplosive Stock on the Move!(M2 PressWIRE Via Acquire Media NewsEdge) RDATE:15102008 XplosiveStocks.com tracks daily stocks that are moving up like Coca Cola Co. (NYSE: KO). For more Xplosive Stocks visit the following link: http://www.xplosivestocks.com The Coca-Cola Company Reports Third Quarter and Year-to-Date 2008 Results -- Third quarter EPS of $0.81, an increase of 14 percent; and $0.83 on a comparable basis, an increase of 17 percent. -- Third quarter net revenue growth of 9 percent; and 11 percent excluding impact from the disposal of certain bottlers. -- Worldwide unit case volume increased 5 percent in the quarter, led by 7 percent growth in International. -- Global volume and value share gains continue. -- Operating income increased 20 percent on a reported basis in the quarter; up 17 percent on a comparable basis. ATLANTA -- The Coca-Cola Company today reported third quarter earnings per share of $0.81, an increase of 14 percent versus the prior year quarter on a reported basis. After considering items impacting comparability, earnings per share in the quarter were $0.83, an increase of 17 percent. Earnings per share for the quarter included a net charge of $0.02 per share for restructuring charges and costs related to global productivity initiatives partially offset by a gain on the sale of a portion of the Company's investment in the Pakistan bottler. Earnings per share for the third quarter of 2007 were $0.71 and included a charge of $0.03 per share, primarily related to restructuring charges, which was offset by a $0.03 per share gain primarily related to the sale of a portion of the Company's investment in Coca-Cola Amatil Limited. About McCormick & Schmick's Seafood Restaurants, Inc. The Coca-Cola Company The Coca-Cola Company is the world's largest beverage company, refreshing consumers with more than 450 sparkling and still brands. Along with Coca-Cola, recognized as the world's most valuable brand, the Company's portfolio includes 12 other billion dollar brands, including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid and Georgia Coffee. Globally, we are the No. 1 provider of sparkling beverages, juices and juice drinks and ready-to-drink teas and coffees. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy the Company's beverages at a rate of 1.5 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that protect the environment, conserve resources and enhance the economic development of the communities where we operate. For more information about our Company, please visit our website at www.thecoca-colacompany.com. ABOUT XPLOSIVESTOCKS.COM XplosiveStocks.com is a leading stock website that provides free daily alerts on stocks that are moving up. Xplosivestocks.com also tracks small cap stocks that are on the brink of exploding. We also feature companies on our website with research report, analysis, and newsletters. To feature a company on our web site please contacts us at [email protected]. . XplosiveStocks.com is an independent electronic publication that provides information on selected publicly traded companies. XplosiveStocks.com is not a registered investment advisor or broker-dealer. XplosiveStocks.com's affiliates, officers, directors and employees may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above. XplosiveStocks.com may have been compensated for the stocks mentioned above. For more details on our compensations visit: http://www.xplosivestocks.com/Disclaimer.html This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and XplosiveStocks.com undertakes no obligation to update such statements. CONTACT: XplosiveStocks.com e-mail: [email protected] WWW: http://www.xplosivestocks.com ((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected])). Copyright ? 2008 M2 Communications Ltd. |