Current:Home > InvestCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -TradeWisdom
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-15 23:17:04
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! (1)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Spanish anti-tourism protesters take aim at Barcelona visitors with water guns
- The Daily Money: Good tidings for home buyers
- Pair of giant pandas from China acclimating to new home at San Diego Zoo
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- A Turning Point in Financial Innovation: The Ascent of DB Wealth Institute
- Some power restored in Houston after Hurricane Beryl, while storm spawns tornadoes as it moves east
- Texas sends millions to anti-abortion crisis pregnancy centers. It's meant to help needy families, but no one knows if it works.
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Woman swallowed whole by a python in Indonesia, second such killing in a month
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- Dartmouth student found dead in river leads police to open hazing investigation
- French airport worker unions call for strike right before Paris Olympics
- As climate change alters lakes, tribes and conservationists fight for the future of spearfishing
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Limited-Edition Mopar 2024 Jeep Gladiator Rubicon makes its grand debut
- Why Lena Dunham Feels Protective of Taylor Swift
- Bethenny Frankel Shares Message From Olivia Culpo Amid Ex Paul Bernon and Aurora Culpo Rumors
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
White House releases letter from Biden's doctor after questions about Parkinson's specialist's White House visits
‘This is break glass in case of emergency stuff': Analysts alarmed by threats to US data gathering
Chicago Baptist church pastor missing, last seen on July 2
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
John Force moved to California rehab center. Celebrates daughter’s birthday with ice cream
Dispute over access to database pits GOP auditor and Democratic administration in Kentucky
Chicago denounces gun violence after 109 shot, 19 fatally, during Fourth of July weekend