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Tue July 16, 2013
Weather Puts A Damper On Coca-Cola Sales
Originally published on Tue July 16, 2013 10:15 am
Coca-Cola sales have slowed, in part because of the weather. The company says global soda sales rose by only 1 percent in the second quarter — less than expected. Coke's CEO cited rain and cold temperatures in the U.S., which seems to have put a damper on consumers' desire for a refreshing soft drink.