Worldwide volume growth of 3% in the quarter
Worldwide sparkling volume growth accelerated to 2% in the quarter, with brand Coca-Cola up 1% both globally and in North America
Global value share gains in nonalcoholic ready-to-drink beverages
Second Quarter and Year-to-Date 2014 Highlights
Global unit case volume grew 3% in the quarter and 2% year to date. Coca-Cola International volume grew 3% in the quarter while North America volume was even.Sparkling volume and brand Coca-Cola volume accelerated in North America, Eurasia and Africa, Europe and Asia Pacific in the quarter.Global price/mix increased 2% in both the quarter and year to date.Reported net revenues declined 1% in the second quarter and 3% year to date. Excluding the impact of structural changes, comparable currency neutral net revenues grew 3% in both the quarter and year to date.Reported operating income declined 2% in both the quarter and year to date. Excluding the impact of structural changes, comparable currency neutral operating income grew 5% in the quarter and 6% year to date, resulting in improved operating margins while we continued to invest for growth in our brands with our global system partners.Second quarter reported EPS was $0.58, down 1%, and comparable EPS was $0.64, up 1%. Comparable currency neutral EPS increased 6%.Year-to-date cash from operations was $4.5 billion.
