Current:Home > NewsCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -AssetLink
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-12 20:26:57
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! (3)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Ethics probe into North Carolina justice’s comments continues after federal court refuses to halt it
- Judge denies corrupt Baltimore ex-detective’s request for compassionate release
- JFK assassination remembered 60 years later by surviving witnesses to history, including AP reporter
- Intel's stock did something it hasn't done since 2022
- Walmart's Black Friday 2023 Sale Includes $99 Beats, $98 Roku TV, $38 Bike, & More
- Police say 2 dead and 5 wounded in Philadelphia shooting that may be drug-related
- Yes, France is part of the European Union’s heart and soul. Just don’t touch its Camembert cheese
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- The US has thwarted a plot to kill a Sikh separatist leader, an AP source says
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Automatic pay raise pays dividends, again, for top state officials in Pennsylvania
- Pilot dies after small plane crashes in Plano, Texas shopping center parking lot: Police
- Pfizer's stock price is at a three-year low. Is it time to buy?
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- 2 killed, 5 injured in Philadelphia shooting, I-95 reopened after being closed
- Wilcox Ice Cream recalls all flavors due to possible listeria contamination
- New AP analysis of last month’s deadly Gaza hospital explosion rules out widely cited video
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Live updates | Timing for the Israel-Hamas pause in fighting will be announced in the next 24 hours
Broadcom planning to complete deal for $69 billion acquisition of VMWare after regulators give OK
'Really good chance' Andrei Vasilevskiy could return on Lightning's road trip
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Mississippi drops charges in killing of former state lawmaker but says new charges are possible
Ex-New York corrections officer gets over 2 years in prison for smuggling contraband into Rikers Island
Colts owner Jim Irsay needs to check his privilege and remember a name: George Floyd