Coca-Cola has reported better-than-expected quarterly earnings and revenue, reaffirming its full-year outlook despite acknowledging that global trade conflicts may pose challenges. For 2025, Coca-Cola anticipates organic revenue growth of 5% to 6%, with comparable earnings per share increasing by 2% to 3%. Unlike its competitor PepsiCo, which cut its earnings forecast due to new tariffs, economic instability, and cautious consumer behavior, Coca-Cola maintained its forecast, attributing its resilience to primarily local operations. However, it noted that costs such as aluminum might rise due to trade wars initiated by tariffs. In premarket trading, Coca-Cola’s shares rose by 1%. The company’s first-quarter net income attributable to shareholders was reported at $3.33 billion, or 77 cents per share, up from $3.18 billion, or 74 cents per share, in the previous year. Excluding restructuring charges and other items, Coca-Cola earned 73 cents per share. Net sales decreased by 2% to $11.13 billion, but excluding items affecting comparability, the company reported quarterly revenue of $11.22 billion. Organic revenue increased by 6% during the quarter, driven by higher prices on its beverages. Unit case volume grew by 2%, boosted by growth in India, China, and Brazil. The sparkling soft drinks segment, including Coca-Cola’s namesake soda, saw a volume increase of 2%, with Coke Zero Sugar’s volume climbing by 14%. The juice, value-added dairy, and plant-based drinks division reported a volume growth of 1%, while the water, sports, coffee, and tea segment also posted a 2% volume growth, thanks to higher demand for water.
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