Current:Home > MarketsCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -AssetBase
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-18 00:32:43
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! (6)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Who won CMT Music Awards for 2024? See the full list of winners and nominees
- Latino voters are coveted by both major parties. They also are a target for election misinformation
- Why does South Carolina's Dawn Staley collect confetti? Tradition started in 2015
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Russian missile strikes on Ukrainian city of Kharkiv leaves at least 6 dead
- Will China flood the globe with EVs and green tech? What’s behind the latest US-China trade fight
- Jonathan Majors faces sentencing for assault conviction that derailed Marvel star’s career
- Questlove charts 50 years of SNL musical hits (and misses)
- Latter-day Saints president approaches 100th birthday with mixed record on minority support
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Maryland Gov. Wes Moore says aggressive timeline to reopen channel after bridge collapse is realistic
- Two years after its historic win, a divided Amazon Labor Union lurches toward a leadership election
- French diver Alexis Jandard slips during Paris Olympic aquatics venue opening ceremony
- 'We're reborn!' Gazans express joy at returning home to north
- Deion Sanders rips Colorado football after professor says players disrespectful in class
- As a Mississippi town reels from a devastating tornado, a displaced family finds its way home
- The Rock, John Cena, Undertaker bring beautiful bedlam to end of WrestleMania 40
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
When is the next total solar eclipse in the US after 2024 and what is its path? What to know
Israeli military fires 2 officers as probe blames World Central Kitchen deaths on mistaken identification
What's next for Caitlin Clark? Her college career is over, but Iowa star has busy months ahead
See you latte: Starbucks plans to cut 30% of its menu
Cole Brings Plenty, 1923 actor, found dead in Kansas days after being reported missing
Campbell “Pookie” Puckett and Jett Puckett Prove Their Red Carpet Debut Is Fire at CMT Music Awards
Hall of Fame coach John Calipari makes stunning jump from Kentucky to Arkansas