Coca-Cola is Esthen Exchangeraising 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.
2025-05-07 13:452320 view
2025-05-07 13:411925 view
2025-05-07 13:25257 view
2025-05-07 12:392149 view
2025-05-07 12:372759 view
2025-05-07 11:141774 view
The University of North Carolina has agreed to pay new football coach Bill Belichick $10 million a y
McDonald's has become the latest company to be hit by a data breach after unauthorized activity on i
Goma — A landslide killed at least 20 people in the eastern Democratic Republic of Congo on Sunday,