ATLANTA (AP) — Coca-Cola's second-quarter net income climbed 16 percent as the world's largest drink maker sold more soft drinks and juices in every part of the world except Europe.
Coca-Cola left its 2010 guidance unchanged but says it remains cautious about meeting its targets.
The company says it earned $2.37 billion, or $1.02 per share in the three months ending July 2. That’s up from $2.04 billion, or 88 cents, last year.
Excluding a charge for restructuring, Coca-Cola earned $1.06 per share.
Analysts expected earnings of $1.03 per share on revenue of $8.7 billion.
Revenue rose 5 percent to $8.67 billion.
Soft drink volume grew 3 percent, while juices and other drinks grew 10 percent.
Coca-Cola Co. is based in Atlanta.
