Current:Home > StocksCoca-Cola raises full-year sales guidance after stronger-than-expected second quarter -Zenith Profit Hub
Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
View
Date:2025-04-13 16:35:27
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! (33257)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Newspaper publisher and reporter arrested and accused of revealing grand jury information
- Uganda’s military says it has captured a commander of an extremist group accused in tourist attack
- Attorney says van der Sloot’s confession about Natalee Holloway’s murder was ‘chilling’
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- The US has strongly backed Israel’s war against Hamas. The allies don’t seem to know what comes next
- Chicago struggles to house asylum-seekers as winter weather hits the city
- Uruguay’s foreign minister resigns following leak of audios related to a passport scandal
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Ottawa Senators must forfeit first-round pick over role in invalidated trade
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Kim Kardashian's Son Saint West Debuts Buzzed Hair and Tattoo Look for Halloween
- College student is fatally shot in Salem as revelers take part in Halloween celebration
- Multi-vehicle crash on western Pennsylvania interstate kills 1 and injures others
- Trump wants to turn the clock on daylight saving time
- As child care costs soar, more parents may have to exit the workforce
- Kenya is raising passenger fares on a Chinese-built train as it struggles to repay record debts
- North Carolina State Auditor Beth Wood says she won’t seek reelection in 2024, in a reversal
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
King Charles III acknowledges 'unjustifiable acts of violence' against Kenyans during Commonwealth visit
State is paying fired Tennessee vaccine chief $150K in lawsuit settlement
Detroit-area man sentenced to 45-70 years in prison for 3 killings
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Tyler Christopher, General Hospital and Days of Our Lives actor, dies at 50
New Jersey governor spent $12K on stadium events, including a Taylor Swift concert
Is James Harden still a franchise player? Clippers likely his last chance to prove it