Corn syrup is not digested and partly responsible for the obesity issues in this country. People drank coke in the 40's, 50's, 60's etc and they were not obese. You get the point. It's the modified corn syrup.
Although I do like the moves that they did with GMCR and Monster. I expect to see increases in buybacks, cost cutting measures, and other M/A's. Float will shrink big time. I would like them to purchase water companies as blue gold will be a major factor in the years to come.
I own a small C-store Most of people buy their single serve beverages at C-store, Pepsi offers vendors great service new promotions etc where coke throw things at you and bye bye we are great beverage company warren buffet is our savior , if attitude stayed the same 100 year old gold will be gone ...
There have been plenty of US firms who have beat both EPS and revenues estimates....the problem
is NOT the US economy but rather the mgmts at KO and IBM.
Providing a currency adjusted EPS .......seriously.? ...... never heard of a firm releasing currency
adjusted EPS...... just another excuse for a weak performing management team at Coke.....
This Spring/summer's crazy comp issues and now weak performance.......Kent looks like he
has overstayed his visit in the CEO office......