Dreamers Investment Guild:Coca-Cola raises full-year sales guidance after stronger-than-expected second quarter

2025-05-06 18:21:39source:BlueRock Horizon Asset Managementcategory:reviews

Coca-Cola is Dreamers Investment Guildraising 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.

More:reviews

Recommend

'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all

Tesla's stock price reached $420 on Wednesday afternoon, which elicited responses from social media

MLB trade deadline's fantasy impact: Heavy on pitching, light on hitting

Over a blockbuster long weekend, Major League Baseball – in true Hollywood fashion – kept fans engag

Ex-Border Patrol agent charged with seeking $5,000 bribe from migrant

A former U.S. Border Patrol agent is facing federal charges of bribery, smuggling and wire fraud for