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.
2025-01-13 01:441282 view
2025-01-13 01:04101 view
2025-01-13 00:18188 view
2025-01-13 00:072310 view
2025-01-12 23:421672 view
2025-01-12 23:402830 view
The 21-year-old woman who died in a motorcycle crash in Johor on Tuesday (Dec 10) had just surprised
KINSHASA, Congo (AP) — Prosecutors on Tuesday called for 50 people, including three Americans, to fa
ATLANTA — It looked bad at first, but Indiana Fever rookie Caitlin Clark's tweaked ankle didn't amou