date:Jul 17, 2013
Unusually bad weather and weakened consumer spending parched earnings for the Coca-Cola Co., which recorded a 3% decline in revenue during the second quarter and a 2% drop in the first half of fiscal 2013. Earnings also took a hit in the quarter, falling 4%.
For the quarter ended June 28, the company posted net income attributable to company shareowners of $2,676 million, equal to 59c per share on the common stock, down from $2,788 million, or 61c per share, during the same quarter of the previ