Coca-Cola Q3 revenue falls nearly 5%

Report on Coca-Cola profit and revenue this quarter shows a drop of nearly 5%. A strong dollar has resulted to a less value in Coca-Cola revenue from outside North America. The global economic slowdown also affected Coca-Cola revenues resulting a revenue cutback.

According to Wall Street Journal despite the right steps Coca-Cola has taken to restore growth, but the challenging global economy, such as slowdown in China, volatility in the Middle East and weakness in the commodity-dependent economies of Australia, Brazil and Russia, has created a less than expected result.

Furthermore, Coca-Cola Chief Financial Officer Kathy Waller told reporters on Wednesday that the condition will be more difficult even in 2016.