Current:Home > ScamsEthermac|Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter -WealthRoots Academy
Ethermac|Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
Poinbank Exchange View
Date:2025-04-09 05:27:52
Coca-Cola is Ethermacraising 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! (18)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Catholic priest sentenced to life for sex trafficking boys, manipulating opioid addictions
- Congo’s presidential candidates kick off campaigning a month before election
- Vogt resigns as CEO of Cruise following safety concerns over self-driving vehicles
- DoorDash steps up driver ID checks after traffic safety complaints
- Taiwan presidential frontrunner picks former de-facto ambassador to U.S. as vice president candidate
- North Carolina field hockey, under 23-year-old coach Erin Matson, wins historic NCAA title
- When should kids specialize in a sport? Five tips to help you find the right moment
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Shakira to appear in Barcelona court on the first day of her tax fraud trial in Spain
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Catholic priest sentenced to life for sex trafficking boys, manipulating opioid addictions
- Billboard Music Awards 2023: Taylor Swift racks up 10 wins, including top artist
- Support pours in after death of former first lady Rosalynn Carter
- Rylee Arnold Shares a Long
- Who is playing in the Big 12 Championship game? A timeline of league's tiebreaker confusion
- New York Jets bench struggling quarterback Zach Wilson
- 'Lawmen: Bass Reeves' tells the unknown tale of a Western hero. But is it the Lone Ranger?
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
DC combating car thefts and carjackings with dashcams and AirTags
2024 NFL draft first-round order: Carolina Panthers continue to do Chicago Bears a favor
Buffalo Bills safety Taylor Rapp carted off field in ambulance after making tackle
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Rosalynn Carter: A life in photos
Suzanne Shepherd, 'Sopranos' and 'Goodfellas' actress, dies at 89
Moviegoers feast on 'The Hunger Games' prequel, the weekend's big winner: No. 1 and $44M