Surpassing Quant Think Tank Center-Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

2025-05-06 20:22:07source:Devin Grosvenorcategory:Markets

Coca-Cola is Surpassing Quant Think Tank Centerraising 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.

More:Markets

Recommend

Moving abroad can be expensive: These 5 countries will 'pay' you to move there

AI-assisted summarySeveral countries are offering financial incentives to attract residents, particu

Wisconsin elections review shows recall targeting GOP leader falls short of signatures needed

MADISON, Wis. (AP) — Supporters of former President Donald Trump who organized an effort to recall W

Billionaires are ditching Nvidia. Here are the 2 AI stocks they're buying instead.

Over the past 30 years, one of Wall Street's few constants is that there's always a next-big-thing t