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Coca-Cola Beats Forecasts, Demand Still Soft | JQJO

Coca-Cola Beats Forecasts, Demand Still Soft

Coca-Cola Beats Forecasts, Demand Still Soft

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Coca-Cola beat Wall Street estimates, posting adjusted EPS of 82 cents on $12.41 billion in revenue, yet said demand remains soft. Third-quarter net income rose to $3.7 billion, and net sales increased 5% as organic revenue grew 6%. Unit case volume edged up 1% but was flat in Latin and North America, where lower-income U.S. shoppers have pulled back. Water and sports drinks rose 3% and coffee and tea 2%, while sparkling soft drinks were flat and juice/dairy/plant-based fell 3%. Shares gained nearly 3% premarket. The company reaffirmed its full-year outlook and sees a slight 2026 currency tailwind.

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