Coca-Cola sales fall on strong dollar, weak Europe demand

April 20, 2016 11:07 AM

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Coca-Cola sales fall on strong dollar, weak Europe demand

Coca-Cola Co's sales fell for the fourth straight quarter as demand for its fizzy drinks declined in Europe and a strong dollar eroded the value of sales in markets outside the United States, including Latin America.

Shares of the maker of Sprite soda and Minute Maid juices fell about 1 percent to $46 in premarket trading on Wednesday.

Also read: J.C. Penney to shut 130-plus stores, offer early retirements

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