Coca-Cola Q2 2026 earnings beat, full-year forecast raised

Coca-Cola reported second-quarter net and gross connected Tuesday that exceeded Wall Street expectations, and raised its full-year nett guidance. Coca-Cola banal roseate much than 2% successful premarket trading.

The institution posted adjusted net of 97 cents per stock connected nett revenues of $13.38 billion, a 7% summation twelvemonth implicit year, topping expert expectations of 93 cents per stock and $13.16 cardinal successful revenue, according to CNBC.

The company's quarterly nett income reached $4.43 billion, translating to $1.03 per share, compared with $3.81 billion, oregon 89 cents per share, successful the year-ago period, the institution said. Organic revenues grew 6%.

Global portion lawsuit measurement grew 5% successful the quarter, led by India, China, the United States and Brazil, the institution said. Coca-Cola Zero Sugar posted 16% measurement growth, portion Trademark Coca-Cola grew 5%. Asia Pacific was the fastest-growing portion by volume, up 8%, though the institution mislaid worth stock determination arsenic gains successful Japan and China were much than offset by a nonaccomplishment successful India.

The institution besides gained worth stock successful full nonalcoholic ready-to-drink beverages globally. In North America, portion lawsuit measurement grew 3% and comparable currency neutral operating income grew 12%, driven by integrated gross maturation and little operating expenses, the institution said.

For full-year 2026, Coca-Cola raised its comparable EPS maturation people to a scope of 9% to 10%, versus the 8% to 9% it had antecedently guided. The institution besides nudged its integrated gross maturation projection upward to astir 5%, astatine the apical extremity of its earlier 4% to 5% outlook. Free currency travel is projected astatine astir $12.4 billion, up from a anterior estimation of astir $12.2 billion.

"We delivered different beardown 4th by staying adjacent to the changing needs of our consumers and customers," CEO Henrique Braun said successful a statement. "While we proceed to spot a dynamic user landscape, we leveraged our almighty brands and strategy to summation worth share, delivering revenue, nett and net maturation portion besides investing for the agelong term."

The results get against a challenging backdrop for the company. Coca-Cola's Fairlife dairy subsidiary suspended each U.S. accumulation operations aft a ransomware onslaught gave an unauthorized 3rd enactment entree to a information of its systems, including production-related systems. Coca-Cola said astatine the clip it had not yet determined whether the onslaught was apt to person a worldly effect connected the company.