Tue, 11 Feb 2025

Tue, 11 Feb 2025 Coca-Cola sales easily top estimates as global demand rises

Shares of Coke have risen 7% over the past year, raising its market cap up to $275 billion.

* Net income of $2.20 billion, or 51 cents per share, up from $1.97 billion, or 46 cents per share, a year earlier.
* Net sales rose 6% to $11.54 billion.
* Organic revenue climbed 14%, driven by higher prices and increasing demand in China, Brazil, and the U.S.
* Unit case volume grew 2%, reversing last quarter's decline.
* The company attributed its growth to growing demand for its drinks, with notable increases in sales of trademark Coca-Cola and Fairlife products.
* Coke expects organic revenue to grow 5% to 6% in 2025 and comparable earnings per share to rise 2% to 3%.
* However, the company may face rising costs due to increased aluminum tariffs and potential input cost pressures.
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