Current:Home > NewsCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -Summit Capital Strategies
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-14 04:43:21
Coca-Cola is raising 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.
veryGood! (2142)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Alabama seeks to carry out second execution using controversial nitrogen gas method
- Evers signals he won’t sign bill to fight PFAS as legislative session nears end
- Dolly Parton spills on Cowboys cheerleader outfit, her iconic look: 'A lot of maintenance'
- Former Syrian official arrested in California who oversaw prison charged with torture
- The Best Makeup Removers by Type With Picks From Olivia Culpo, Chloe Bailey, Paige DeSorbo, and More
- Wheeling University president suspended with pay, no reason given
- Financially struggling Met Opera to present 18 productions next season, the fewest since 1980-81
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Widow, ex-prime minister, former police chief indicted in 2021 assassination of Haiti's President Jovenel Moïse
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Mischa Barton Reveals She Dated O.C. Costar Ben McKenzie IRL
- Financially struggling Met Opera to present 18 productions next season, the fewest since 1980-81
- When does 'The Amazing Race' start? Season 36 premiere date, host, where to watch
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Southern California shopping center closed following reports of explosion
- Three slain Minnesota first responders remembered for their commitment to service
- Popular North Carolina brewery shuts down indefinitely after co-founder dies in an accident
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Amanda Bynes Reveals Her Favorite Role—and the Answer Will Surprise You
'Hotel California' trial: What to know criminal case over handwritten Eagles lyrics
Tom Sandoval apologizes for comparing 'Vanderpump Rules' scandal to O.J. Simpson, George Floyd
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Apple says not to put wet iPhones in uncooked rice. Here's what to do instead.
Mega Millions winning numbers for Tuesday's drawing as jackpot passes $500 million
Woman, 4 children and 3 dogs found dead after suspicious fire at Missouri home