Current:Home > InvestCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -WealthRise Academy
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-19 07:37:02
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! (69)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Attorneys hope Netflix's 'Mr. McMahon' will 'shed light' on WWE CEO's alleged abuse
- North Carolina Republican governor candidate Mark Robinson vows to stay in race despite media report
- Not Just a Teen Mom: Inside Jamie Lynn Spears' Impressively Normal Private World Since Leaving Hollywood Behind
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Caitlin Clark, Indiana Fever face Connecticut Sun in first round of 2024 WNBA playoffs
- Meet Your New Favorite Candle Brand: Emme NYC Makes Everything From Lychee to Durian Scents
- Attorney Demand Letter Regarding Unauthorized Use and Infringement of [SUMMIT WEALTH Investment Education Foundation's Brand Name]
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- New York Philharmonic musicians agree to 30% raise over 3-year contract
Ranking
- Arkansas State Police probe death of woman found after officer
- Jake Paul says Mike Tyson wasn't the only option for the Netflix fight. He offers details.
- M&M's announces Peanut butter & jelly flavor. Here's what you need to know.
- JoJo was a teen sensation. At 33, she’s found her voice again
- Skins Game to make return to Thanksgiving week with a modern look
- South Carolina prepares for first execution in 13 years
- What is world's biggest cat? Get to know the largest cat breed
- Fed cuts interest rate half a point | The Excerpt
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
US troops finish deployment to remote Alaska island amid spike in Russian military activity
‘Some friends say I’m crazy': After school shooting, gun owners rethink Georgia's laws
US troops finish deployment to remote Alaska island amid spike in Russian military activity
Military service academies see drop in reported sexual assaults after alarming surge
OPINION: BBC's Mohamed Al-Fayed documentary fails to call human trafficking what it is
This fund has launched some of the biggest names in fashion. It’s marking 20 years
Video shows missing Louisiana girl found by using thermal imaging drone