Posted: Tue 8:11 PM, Apr 17, 2012
Reporter: Channel 6 News Email
Coca Cola Earns Big Profits
Coca Cola is bubbling over its first quarter results...as the soft drink giant gets an exclusive deal with a restaurant giant.
Coke's net income rose eight percent in the first quarter...earning 2.05 billion dollars. That's 89 cents per share.
The Atlanta-based company says the higher profit was due to a five percent increase in global sales.
And Coca Cola will now become the exclusive beverage of Dunkin' brands.
More than 9400 U.S. Dunkin' Donuts and Baskin-Robbins will sell Coke products.
Until now...Pepsi had an exclusive contract with Dunkin' Brands.
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