Trending Now - Coca-cola Surpasses Expectations and Boosts Earnings Forecast
WHO:
The Coca-Cola Company - Reported first quarter 2026 results.
Henrique Braun - CEO of The Coca-Cola Company, commented on the company's performance.
WHAT:
CNBC - Coca-Cola's adjusted earnings per share for the first quarter were reported at 86 cents, exceeding the expected 81 cents.
CNBC - Coca-Cola's adjusted net sales climbed 12% to $12.47 billion, surpassing the expected $12.24 billion.
CNBC - The company reported first-quarter net income attributable to shareholders of $3.92 billion, or 91 cents per share, up from $3.33 billion, or 77 cents per share, a year earlier.
The Coca-Cola Company - The company expects an approximate 1% currency tailwind for comparable net revenues (non-GAAP) based on current rates and hedged positions, along with an approximate 4% headwind from acquisitions and divestitures.
The Coca-Cola Company - The company expects to generate free cash flow (non-GAAP) of approximately $12.2 billion, consisting of cash flow from operations of approximately $14.4 billion, less capital expenditures of approximately $2.2 billion.
The Coca-Cola Company - Net revenues grew 12% to $12.5 billion.
The Coca-Cola Company - Organic revenues (non-GAAP) grew 10%.
The Coca-Cola Company - Operating income grew 19%.
The Coca-Cola Company - Earnings per share (EPS) grew 18% to $0.91; comparable EPS (non-GAAP) grew 18% to $0.86.
The Coca-Cola Company - Unit case volume grew 3% globally.
The Coca-Cola Company - The company expects comparable EPS (non-GAAP) growth of 8% to 9% for the full year 2026.
The Coca-Cola Company - The company expects organic revenue (non-GAAP) growth of 4% to 5% for the full year 2026.
The Coca-Cola Company - Cash flow from operations was $2.0 billion; free cash flow (non-GAAP) was $1.8 billion.
The Coca-Cola Company - The company reported first-quarter net income attributable to shareholders of $3.92 billion.
WHERE:
Atlanta - Location of The Coca-Cola Company headquarters.
WHEN:
April 3, 2026 - End of the reporting period for the first quarter results.
April 28, 2026 - Date of the conference call to discuss first quarter 2026 operating results.
WHY:
The Coca-Cola Company - Growth driven by an 8% increase in concentrate sales and 2% growth in price/mix.
The Coca-Cola Company - The company gained value share in total nonalcoholic ready-to-drink beverages.
HOW:
The Coca-Cola Company - Executed locally relevant marketing campaigns to drive brand value, including AI-enabled campaigns in China and community-focused activations during Ramadan.
The Coca-Cola Company - Strengthened brand, price, pack, and channel options to drive topline growth.
(UPDATED April 28, 2026 23:20 UTC)
Coca-Cola has reported adjusted earnings per share for the first quarter at 86 cents, surpassing expectations of 81 cents, while adjusted net sales climbed 12% to $12.47 billion, exceeding the anticipated $12.24 billion. The company also revealed a first-quarter net income attributable to shareholders of $3.92 billion, or 91 cents per share, which is an increase from $3.33 billion, or 77 cents per share, a year earlier. Looking ahead, Coca-Cola expects a currency tailwind of about 1% for comparable net revenues and anticipates generating free cash flow of approximately $12.2 billion, driven by cash flow from operations of around $14.4 billion, minus capital expenditures of about $2.2 billion.
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(UPDATED April 28, 2026 17:33 UTC)
The Coca-Cola Company has reported impressive first quarter results, with net revenues growing twelve percent to $12.5 billion and operating income increasing nineteen percent. CEO Henrique Braun highlighted that the company achieved earnings per share of $0.91, reflecting an eighteen percent rise, and expects comparable EPS growth of eight to nine percent for the full year. Additionally, Coca-Cola's unit case volume grew three percent globally, driven by successful marketing campaigns and a strong performance in concentrate sales.