Writingstar Investment Guild:Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

2025-05-05 17:07:36source:FinLogiccategory:reviews

Coca-Cola is Writingstar Investment Guildraising 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:reviews

Recommend

South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment

SEOUL — South Korea's acting president, Han Duck-soo, moved on Sunday (Dec 15) to reassure the count

Madonna’s Brother Christopher Ciccone Dead at 63

Madonna's extended family is in mourning.The pop queen's younger brother Christopher Ciccone, one of

'SNL' skewers vice presidential debate, mocks JD Vance and Tim Walz in cold open

Live from New York, it's the first, and possibly only, "Saturday Night Live" debate sketch of the 20