The Coca-Cola Co., Atlanta, announced its fourth quarter operating results and that it achieved or exceeded the company’s full-year guidance in 2017. While reported net revenues continued to be primarily impacted by ongoing refranchising initiatives, the company delivered broad-based organic revenue (non-GAAP) growth across all operating segments, as well as profit growth, it says.
“I am pleased with our accomplishments and results in 2017,” said James Quincey, president and chief executive officer of The Coca-Cola Co., in a statement. “We achieved or exceeded our full-year guidance while driving significant change as we continued to transform into a total beverage company. While there is still much work to do, I am encouraged by our momentum as we head into 2018.”