Sunday, February 13, 2011
Merger Went Well
Last week, Coca Cola announced that the first quarter after full intergration after the Coke company bought the bottling company was a big success.
Net income was up about 65% (to about $5.7B), revenue was up about 40% (to about $10.5B). Product sales was up about 6% (only 5% if you don't count the Dr. Pepper that came with the bottling company).
Coke Bear is very, very pleased with himself.
NYTimes article on the successful quarter is here.
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