Current:Home > StocksCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -FinanceCore
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-14 10:57:32
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! (86425)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Florida suspect shoots at deputies before standoff at home which he set on fire, authorities say
- Jason Kelce responds to Jalen Hurts 'commitment' comments on 'New Heights' podcast
- 10 American detainees released in exchange for Maduro ally in deal with Venezuela
- Travis Hunter, the 2
- Toyota recalling 1 million vehicles for potential air bag problem
- Homeless people who died on US streets are increasingly remembered at winter solstice gatherings
- Taylor Swift baked Travis Kelce 'awesome' pregame cinnamon rolls, former NFL QB says
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- New Beauty I'm Obsessed With This Month: Rare Beauty by Selena Gomez, Murad, Maybelline, and More
Ranking
- 'Most Whopper
- Wisconsin prosecutor appeals ruling that cleared way for abortions to resume in state
- Tommy DeVito pizzeria controversy, explained: Why Giants QB was in hot water
- US senator’s son faces new charges in crash that killed North Dakota sheriff’s deputy
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- A Frederick Douglass mural in his hometown in Maryland draws some divisions
- George Clooney reveals Friends didn't bring Matthew Perry joy: He wasn't happy
- Read the Colorado Supreme Court's opinions in the Trump disqualification case
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Newly released video shows how police moved through UNLV campus in response to reports of shooting
In 2023, opioid settlement funds started being paid out. Here's how it's going
Wisconsin elections commission rejects complaint against Trump fake electors for second time
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Syracuse vs. University of South Florida schedule: Odds and how to watch Boca Raton Bowl
South Korean court orders 2 Japanese companies to compensate wartime Korean workers for forced labor
Pompeii’s ancient art of textile dyeing is revived to show another side of life before eruption