Current:Home > FinanceCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -WealthSphere Pro
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
EchoSense Quantitative Think Tank Center View
Date:2025-04-11 02:55:11
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! (796)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Rising long-term interest rates are posing the latest threat to a US economic ‘soft landing’
- Savannah Chrisley Reveals Dad Todd's Ironic Teaching Job in Prison
- Millions of people are watching dolls play online. What is going on?
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Seahawks' Jamal Adams apologizes for outburst at doctor following concussion check
- Elite pilots prepare for ‘camping out in the sky’ as they compete in prestigious gas balloon race
- Trump’s lawyers seek to postpone his classified documents trial until after the 2024 election
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- 'Why they brought me here': Twins' Carlos Correa ready for his Astros homecoming in ALDS
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- 2 Palestinian militants killed in gunfight with Israeli troops in West Bank raid
- Fears about Amazon and Microsoft cloud computing dominance trigger UK probe
- More refugees to come from Latin America, Caribbean under Biden’s new 125,000 refugee cap
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Mississippi sees spike in child care enrollment after abortion ban and child support policy change
- Shooting at mall in Thailand's capital Bangkok leaves at least 2 dead, 14-year-old suspect held
- South African mining employs many and may only have decades left, report warns
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Grimes files petition against Elon Musk to 'establish parental relationship' of their kids
Assistants' testimony could play key role in MSU sexual harassment case against Mel Tucker
Nebraska lawmaker says some report pharmacists are refusing to fill gender-confirming prescriptions
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Families of imprisoned Tunisian dissidents head to the International Criminal Court
Prosecutors accuse rapper YNW Melly of witness tampering as his murder retrial looms
'Tennessee Three' lawmaker Justin Jones sues state House Speaker over expulsion, vote to silence him