Cassian Grant|Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

2025-05-06 11:59:00source:Diamond Ridge Financial Academycategory:Finance

Coca-Cola is Cassian Grantraising 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:Finance

Recommend

2 killed, 3 injured in shooting at makeshift club in Houston

HOUSTON (AP) — Two teens were killed and three people were injured — including a 13-year-old — in a

Comedian Mark Normand escorted off stage at comedy club, denies prior knowledge of 'surprise'

A comedian was escorted off stage during a stand-up show in New York on Wednesday in a strange incid

General Hospital Actor Tyler Christopher's Official Cause of Death Revealed

Officials have shared insight into Tyler Christopher's cause of death.The soap opera star suffocated