Current:Home > MarketsWill Sage Astor-Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter -GrowthSphere Strategies
Will Sage Astor-Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter
Ethermac View
Date:2025-04-08 02:03:33
Coca-Cola is Will Sage Astorraising 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! (1914)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- 'The Golden Bachelorette' cast: Meet the 24 men looking to charm Joan Vassos
- Georgia Sen. Jon Ossoff seeks more control over postmaster general after mail meltdown
- Emily in Paris' Lucas Bravo Reveals He Wasn't Originally Cast as Gabriel
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- America’s political system is under stress as voters and their leaders navigate unfamiliar terrain
- Connecticut aquarium pays over $12K to settle beluga care investigation
- Martha Stewart Claims Ina Garten Was Unfriendly Amid Prison Sentence
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Eric Roberts Says Addiction Battle Led to Him Losing Daughter Emma Roberts
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Happy 50th ‘SNL!’ Here’s a look back at the show’s very first cast
- 60-year-old woman receives third-degree burns while walking off-trail at Yellowstone
- Sheriff’s posting of the mugshot of a boy accused of school threat draws praise, criticism
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- KIND founder Daniel Lubetzky joins 'Shark Tank' for Mark Cuban's final season
- See Snoop Dogg Make His Epic The Voice Debut By Smoking His Fellow Coaches (Literally)
- High School Musical’s Zac Efron and Vanessa Hudgens' Relationship Ups and Downs Unpacked in Upcoming Book
Recommendation
Arkansas State Police probe death of woman found after officer
Jean Smart, Ariana Grande, Michael Keaton among hosts for ‘SNL’ season 50
Orioles hope second-half flop won't matter for MLB playoffs: 'We're all wearing it'
Watch: Astros' Jose Altuve strips down to argue with umpire over missed call
Former Syrian official arrested in California who oversaw prison charged with torture
Memories of the earliest Tupperware parties, from one who was there
FAA investigating after Delta passengers report bleeding ears and noses
Mission specialist for Titan sub owner to testify before Coast Guard