Coca-Cola has released its second-quarter earnings report, beating Wall Street expectations despite weak volume in other markets. The company’s revenue and net income increased due to strong demand for its beverages in Europe, offsetting losses elsewhere.
The beverage giant reported adjusted earnings per share of 87 cents, exceeding analysts’ forecasts of 83 cents. Revenue also topped estimates at $12.62 billion. Organic revenue, which excludes acquisitions and foreign currency fluctuations, rose 5%.
However, global unit case volume fell 1% due to decreased demand in certain markets, including North America. In the US, volume declined despite increased consumer spending, while Hispanic consumers also reduced their consumption of Coke products.
Coke attributed this decline to a social media rumor that sparked sales drop before recovering by the end of June. Latin American unit case volume decreased 2%, and the Asia-Pacific market saw a 3% decrease. In contrast, its EMEA segment reported a 3% increase in volume.
The company plans to introduce a new version of its cola made with cane sugar in the US this fall. Coke narrowed its full-year earnings per share growth forecast to 3%, while reaffirming its organic revenue growth target of 5-6% for 2025.
Source: https://www.cnbc.com/2025/07/22/coca-cola-ko-q2-2025-earnings.html