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Coca-Cola sales miss estimates

2015-10-22 11:59:50| Beverages - Topix.net

Coca-Cola posted third-quarter revenue that trailed analysts' estimates as the strong dollar hurt sales abroad, putting pressure on Chief Executive Officer Muhtar Kent to maintain an aggressive cost-cutting programme. Revenue fell 4.6 percent to $11.4 billion, the Atlanta-based company said in a statement on Wednesday.

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