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Coca-Cola lifts profit forecast as international soda demand holds firm
Record volumes and lower input costs lifted quarterly profit, while higher financing expenses and Brazil volatility weighed on results.
- On Tuesday, Coca-Cola reported third-quarter revenue of US$13.38 billion, a 7.4% increase that beat analysts' estimates of US$12.92 billion, prompting the company to raise its annual profit forecast.
- Growth in India, China, Mexico, and Brazil lifted global unit case volumes about 5%, while resilient demand for zero-sugar sodas and fairlife milk strengthened results across markets.
- Operating margins rose to 33.4% during the quarter, though the company faces higher packaging costs as the war in Iran drives up commodity prices for aluminum and PET materials.
- Jefferies analyst Kaumil Gajrawala said "the gap between Coke and peers is widening," noting that companies delivering volume growth should outperform in the current market environment.
- Coca-Cola now expects comparable currency-neutral earnings per share to grow at least 9% in 2026, while targeting annual organic revenue growth of at least 5%, both raised from prior forecasts.
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45 Articles
Zeit Online+3 Reposted by 3 other sources
·Germany
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Coca-Cola lifts profit forecast as global soda demand holds firm
·London, United Kingdom
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Reformatorisch Dagblad+2 Reposted by 2 other sources
Coca-Cola achieved higher revenue and profit in the third quarter. The company sold more soft drinks, with the popularity of the brand's sugar-free variants continuing to rise. Additionally, prices increased.
·Apeldoorn, Netherlands (Kingdom of the)
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A good 13 billion dollars sales in one quarter: Coca-Cola benefits from more sales and higher prices. Above all, a trend helps the US drink giant.
Coca-Cola raised its full-year earnings guidance for the third straight quarter as demand in North America continues to weaken. The company beat market expectations for both revenue and profit in the current quarter, CNBC reported.
·Budapest, Hungary
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Total News Sources45
Leaning Left4Leaning Right7Center8Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 21%
C 42%
R 37%
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