Coca-Cola sees third-quarter revenue rise on higher prices
Coca-Cola’s 5% revenue rise includes a 1% volume increase and a 14% jump in Coca-Cola Zero Sugar sales, boosting profitability and market share.
- On Tuesday, Coca-Cola's shares rose as investors applauded its third-quarter revenue growth driven by price increases and higher unit case volume.
- CEO James Quincey said `While the overall environment has continued to be challenging, we've stayed flexible-- adapting plans where needed and investing for growth`, as mini cans target lower-income consumers and Coca-Cola Zero Sugar sales jumped 14%.
- Coca-Cola's adjusted earnings rose 6% to $0.82, beating Wall Street's $0.78 estimate, with margin improvement aided by cost-reduction initiatives.
- Management forecasts full-year organic revenue growth for 2025 and expects adjusted earnings growth of 3% and 8% ex-currency.
- Coca-Cola continued winning market share in key categories as Powerade and Bodyarmor gained share while Fuze Tea's retail value rose five times the industry average in 2025.
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Why Coca-Cola Stock Popped Today
Key PointsCoca-Cola is winning market share by adapting to shifting consumer preferences.Management sees more gains ahead.10 stocks we like better than Coca-Cola › Shares of Coca-Cola (NYSE: KO) rose on Tuesday, as investors applauded the soda leader's third-quarter results. As of 1:55 p.m. ET, Coca-Cola's stock price was up more than 4%. Image source: Getty Images.Where to invest $1,000 right now? Our analyst team just revealed what they believ…
New York.- Coca-Cola Co recorded a sales growth in the third quarter that exceeded Wall Street’s expectations, a sign that consumers are buying the company’s drinks despite the highest prices. Atlanta-based Coca-Cola reported an organic revenue growth of 6%, exceeding the average of analysts’ estimates. Action-adjusted earnings also exceeded expectations.
Coca-Cola sees third-quarter revenue rise on higher prices
The Coca-Cola Co. said Tuesday its third quarter revenue rose largely due to higher prices. The Atlanta beverage giant said Tuesday that its organic revenue grew 6% to $12.41 billion in the July-September period.
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