Coca-Cola's Quarterly Sales Fall 8%

Coca-Cola Co reported an 8 per cent fall in quarterly net revenue, as a strong dollar once again reduced the value of sales from outside the United States.

The net income attributable to shareholders rose to $1.24 billion, or 28 cents per share, in the fourth quarter ended December 31, from $770 million, or 17 cents per share, a year earlier.

Net operating revenue fell to $10 billion from $10.87 billion.