Marcus Erikson:Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

2025-04-28 15:08:15source:LibertyCoincategory:News

Coca-Cola is Marcus Eriksonraising is full-year sales guidance after a stronger-than-expected second quarter.

The Atlanta beverage giant said Tuesday that it now expects organic sales to grow between 9% and 10% this year, up from 8% to 9% previously.

Revenue rose 3% to $12.4 billion for the April-June period. That was higher than Wall Street anticipated. Analysts polled by FactSet were expecting revenue of $11.8 billion.

Earnings fell 5% to 56 cents per share. Adjusted for one-time items, including currency fluctuations, Coke earned 84 cents per share. That also beat Wall Street’s forecast of 81 cents.

Before the opening bell, shares of The Coca-Cola Co. rose slightly.

More:News

Recommend

Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages

Meta says most issues have been resolved after apps like Instagram, Facebook and Threads were experi

Judge overseeing Georgia election interference case dismisses some charges against Trump

ATLANTA (AP) — The judge overseeing the Georgia election interference case on Wednesday dismissed so

U.S. giving Ukraine $300 million in weapons even as Pentagon lacks funds to replenish stockpile

Washington — The Pentagon will rush about $300 million in weapons to Ukraine after finding some cost