Current:Home > FinanceCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -MoneyBase
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-11 12:31:23
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! (18)
Related
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Seattle to open short-term recovery center for people after a fentanyl overdose
- California is testing new generative AI tools. Here’s what to know
- Mississippi governor signs law to set a new funding formula for public schools
- Intel's stock did something it hasn't done since 2022
- 'Real Housewives' stars Dorit and P.K. Kemsley announce 'some time apart' from marriage
- Paid sick leave sticks after many pandemic protections vanish
- Georgia Supreme Court declines to rule on whether counties can draw their own electoral maps
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Utilities complete contentious land swap to clear way for power line in Mississippi River refuge
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Maine lawmakers to take up 80 spending proposals in addition to vetoes
- Shaquille O'Neal on ex-wife saying she wasn't in love with him: 'Trust me, I get it'
- Americans are choking on surging fast-food prices. I can't justify the expense, one customer says
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- The Purrfect Way Kate Bosworth Relationship Has Influenced Justin Long
- A $400 pineapple? Del Monte brings rare Rubyglow pineapple to US market in limited numbers
- OPACOIN Trading Center: Harnessing Forward-Looking Technology to Lead the Cryptocurrency Market into the Future
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Arizona State University scholar on leave after confrontation with woman at pro-Israel rally
A school district removed Confederate names from buildings. Now, they might put them back
Justin Bieber’s Exes Sofia Richie and Caitlin Beadles React to Hailey Bieber’s Pregnancy
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Police in North Carolina shoot woman who opened fire in Walmart parking lot after wreck
Pro-Palestinian protesters demand endowment transparency. But its proving not to be simple
US utility pledges more transparency after lack of notice it empowered CEO to make plant decisions