Reported about 8 hours ago
Coca-Cola reported earnings of $0.82 per share, exceeding Wall Street's forecast of $0.78, leading to a 3% increase in stock value. While organic revenue grew by 6%, the company acknowledged ongoing challenges, particularly for middle and lower-income consumers. Notably, Coca-Cola Zero Sugar enjoyed a 14% sales increase, but overall global unit volume grew modestly at 1%. The firm maintained its fiscal 2025 guidance, anticipating adjusted earnings growth of around 3%.
Source: YAHOO