Coca-Cola Co's bottler Coca Cola HBC AG will on Thursday detail the cost of stopping production and sales of Coke in Russia, a goal that has taken five months to reach as the company used up its existing supplies. Atlanta-based Coca-Cola Co, which relied on Coca Cola HBC to manufacture and distribute its sodas in Russia, said in March it would suspend production in the country. The Swiss-based bottler, in which Coca-Cola has a 20% stake, has since then been using up its remaining stock.
The Coca Cola, Altria Group and Procter & Gamble are part of Zacks top Analyst Blog.
KO, MO and PG earnings shed light on the state of the consumer.