Coca-Cola<\/a> on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by higher demand for its beverages.<\/p>\nFor the full year, Coke is now projecting comparable earnings per share growth of 8% to 9%, up from its prior forecast of 7% to 8%. It reiterated its previous outlook of organic revenue growth of 4% to 5%.<\/p>\n
Shares of the company rose more than 2% in premarket trading.<\/p>\n
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:<\/p>\n
Earnings per share: 86 cents adjusted vs. 81 cents expectedRevenue: $12.47 billion adjusted vs. $12.24 billion expected<\/p>\n
Coke reported first-quarter net income attributable to shareholders of $3.92 billion, or 91 cents per share, up from $3.33 billion, or 77 cents per share, a year earlier.<\/p>\n
Excluding impairment charges and other items, the beverage giant earned 86 cents per share.<\/p>\n
The company’s adjusted net sales climbed 12% to $12.47 billion. Coke’s organic revenue, which strips out acquisitions, divestitures and currency, rose 10% in the quarter.<\/p>\n
The company’s unit case volume increased 3% globally. The metric excludes pricing to reflect demand more accurately.<\/p>\n
In the past few quarters, Coke executives have reported weaker demand from budget-conscious consumers. However, premium brands like Fairlife and Smartwater have stayed strong in the current K-shaped economy, boosted by high-income shoppers who aren’t feeling the same pinch as low-income consumers.<\/p>\n
All of Coke’s operating segments reported volume growth for the quarter, including its home market. The company’s volume in North America increased 4%. <\/p>\n
Across the portfolio, Coke’s water, sports, coffee and tea segment reported the strongest global growth. The division saw volume rise 5%, fueled by stronger demand for its tea and bottled water. <\/p>\n
The sparkling soft drinks division reported that volume increased 2%, fueled by a 13% jump for Coca-Cola Zero Sugar.<\/p>\n
The laggard of the portfolio this quarter was Coke’s juice, value-added dairy and plant-based beverage segment, which reported a volume decline of 1%. Growth in Fairlife and Santa Clara, a Mexican dairy brand, was not enough to offset the sale of the company’s finished product operations in Nigeria last year.<\/p>\n
Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Bottles of Coca-Cola for sale at a store in LaBelle, Florida, Feb. 8, 2026. Zak Bennett | Bloomberg…\n","protected":false},"author":2,"featured_media":611206,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[448,116,28,122,5244,11588,8084,214220,18005,112,2901,4322,5682,117,21],"class_list":["post-611205","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-breaking-news-business","tag-breaking-news-markets","tag-business","tag-business-news","tag-coca-cola-co","tag-dividends","tag-earnings","tag-invesco-qqq-trust","tag-keurig-dr-pepper-inc","tag-markets","tag-pepsico-inc","tag-restaurants","tag-retail-industry","tag-sp-500-index","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/611205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=611205"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/611205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/611206"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=611205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=611205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=611205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}