Current:Home > MyCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -TrueNorth Capital Hub
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-15 03:10:28
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! (37569)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Chicago agency finds no wrongdoing in probe of officers’ alleged sex misconduct with migrants
- Colorado laws that add 3-day wait period to buy guns and open paths to sue gun industry take effect
- Searchers looking for 7 kidnapped youths in Mexico find 6 bodies, 1 wounded survivor
- Highlights from Trump’s interview with Time magazine
- Prominent Egyptian political activist and acclaimed academic dies at 85
- Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
- Lego moves in another direction after finding plastic bottle prototype won't reduce emissions
- Arkansas State Police probe death of woman found after officer
- 'Wait Wait' for September 30, 2023: Live in LA with Bob and Erin Odenkirk!
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Over 93,000 Armenians have now fled disputed enclave
- Germany’s government and Elon Musk spar on X over maritime rescue ships
- Group of homeless people sues Portland, Oregon, over new daytime camping ban
- Louvre will undergo expansion and restoration project, Macron says
- Chicago agency finds no wrongdoing in probe of officers’ alleged sex misconduct with migrants
- Video provides first clear views of WWII aircraft carriers lost in the pivotal Battle of Midway
- Chicago agency finds no wrongdoing in probe of officers’ alleged sex misconduct with migrants
Recommendation
Nevada attorney general revives 2020 fake electors case
Lorenzo, a 180-pound Texas tortoise, reunited with owner after backyard escape
Pearl Harbor fuel spill that sickened thousands prompts Navy to scold 3 now-retired officers in writing
Who will be Dianne Feinstein's replacement? Here are California's rules for replacing U.S. senators.
Nearly half of US teens are online ‘constantly,’ Pew report finds
Kronthaler’s carnival: Westwood’s legacy finds its maverick heir in Paris
Missouri high school teacher is put on leave after school officials discover her page on porn site
Putin marks anniversary of annexation of Ukrainian regions as drones attack overnight