Reported about 8 hours ago
Coca-Cola's stock increased nearly 1% in premarket trading following a first-quarter earnings surprise, as the company described the impact of Trump tariffs as 'manageable.' While net sales slightly dropped year-over-year to $11.21 billion, organic sales growth hit 6%, surpassing expectations. However, rising prices led to a 3% decline in unit case volumes in North America, indicating pressure on consumers. CEO James Quincey highlighted the strength of the company's global fundamentals but acknowledged challenges in the U.S. market.
Source: YAHOO