Current:Home > FinanceBenjamin Ashford|Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter -Elevate Capital Network
Benjamin Ashford|Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
TradeEdge View
Date:2025-04-07 01:11:44
Coca-Cola is Benjamin Ashfordraising is full-year sales guidance after a stronger-than-expected second quarter.
The Atlanta beverage giant said Tuesday that it now expects organic sales to grow between 9% and 10% this year, up from 8% to 9% previously.
Revenue rose 3% to $12.4 billion for the April-June period. That was higher than Wall Street anticipated. Analysts polled by FactSet were expecting revenue of $11.8 billion.
Earnings fell 5% to 56 cents per share. Adjusted for one-time items, including currency fluctuations, Coke earned 84 cents per share. That also beat Wall Street’s forecast of 81 cents.
Before the opening bell, shares of The Coca-Cola Co. rose slightly.
veryGood! (3244)
Related
- PHOTO COLLECTION: AP Top Photos of the Day Wednesday August 7, 2024
- Apple's insider leaks reveal the potential for a new AI fix
- The 2025 Critics Choice Awards Is Coming to E!: All the Details
- Martha Stewart Reveals She Cheated on Ex-Husband Andy Stewart in the Most Jaw-Dropping Way
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- Watch these 15 scary TV shows for Halloween, from 'Teacup' to 'Hellbound'
- 'It's gone': Hurricane Milton damage blows away retirement dreams in Punta Gorda
- NCAA pilot study finds widespread social media harassment of athletes, coaches and officials
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Judge blocks Penn State board from voting to remove a trustee who has sought financial records
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- Who still owns a landline phone? You might be surprised at what the data shows.
- JPMorgan net income falls as bank sets aside more money to cover potential bad loans
- Why Florence Pugh, Andrew Garfield say filming 'We Live in Time' was 'healing'
- USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
- Mauricio Umansky Files for Conservatorship Over Father Amid Girlfriend's Alleged Abuse
- The Fate of Nobody Wants This Season 2 Revealed
- Teen held in fatal 2023 crash into Las Vegas bicyclist captured on video found unfit for trial
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Sebastian Stan became Trump by channeling 'Zoolander,' eating 'a lot of sushi'
Courtney Williams’ go-to guard play gives Lynx key 3-pointers in Game 1 win
A $20K reward is offered after a sea lion was fatally shot on a California beach
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Justin Timberlake Shares Update Days After Suffering Injury and Canceling Show
Hurricane Threat Poised to Keep Rising, Experts Warn
Go to McDonald's and you can get a free Krispy Kreme doughnut. Here's how.