Current:Home > FinanceCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -EliteFunds
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-13 09:17:30
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! (8)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- The Beats x Kim Kardashian Limited Edition Headphones With 40-Hour Battery Life Are Selling Out Fast!
- Stuffed or real? Photos show groundhog stuck inside claw machine
- Jackson City Councilwoman Angelique Lee resigns after federal bribery charge
- Grammy nominee Teddy Swims on love, growth and embracing change
- Rare mammoth tusk found in Mississippi is a first-of-its-kind discovery
- Budget-Friendly Dorm Room Decor: Stylish Ideas Starting at $11
- 'Unique and eternal:' Iconic Cuban singer Celia Cruz is first Afro-Latina on a US quarter
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Get 10 free boneless wings with your order at Buffalo Wild Wings: How to get the deal
Ranking
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Severe weather is impacting concerts, so what are live music organizers doing about it?
- US Army intelligence analyst pleads guilty to selling military secrets to China
- Have you noticed? Starbucks changed its iced coffee blend for the first time in 18 years
- Buckingham Palace staff under investigation for 'bar brawl'
- Britney Spears' Ex Sam Asghari Reveals Special Girl in His Life—But It's Not What You Think
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Back Channels
- Reports: US Soccer tabs Mauricio Pochettino as new head coach of men's national team
Recommendation
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Potentially massive pay package for Starbucks new CEO, and he doesn’t even have to move to Seattle
A weatherman had a panic attack live on air. What it teaches us.
US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Biden to designate 1908 Springfield race riot site as national monument
Anchorage police shoot, kill teenage girl who had knife; 6th police shooting in 3 months
'Jackpot!' star John Cena loves rappers, good coffee and a fine tailored suit