Wednesday 25 April 2018

Coke warns of pain from UK sugar tax, U.S. freight costs

Coke warns of pain from UK sugar tax, U.S. freight costs

Coca-Cola Co said on Tuesday it would take a hit in the second quarter from the introduction of a British sugar tax on soft drinks and rising freight costs in the United States, overshadowing modestly better than forecast results for the first three months of 2018.
Read more: https://www.reuters.com/article/us-coca-cola-results/coca-cola-sales-surge-after-diet-coke-reboot-idUSKBN1HV18Y?source=Snapzu

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