Coca-Cola reported second-quarter 2026 earnings that surpassed analyst expectations and raised its full-year outlook, driven by pricing gains and a boost from FIFA World Cup demand. Comparable earnings per share rose 11% to 97 cents, beating the Zacks Consensus Estimate of 92 cents, while revenue grew 7% to $13.38 billion, exceeding the $13.06 billion estimate. Organic revenue increased 6%, with trademark Coca-Cola volume up 5% globally and Coca-Cola Zero Sugar surging 16%. The company now expects 2026 organic revenue growth of 5%, up from a prior forecast of 4% to 5%, and comparable earnings growth of 9% to 10% from a 2025 base of $3, compared with the previous outlook of 8% to 9%. Shares of Coca-Cola have gained about 27.5% year to date and rose 5% following the earnings release.
The Coca-Cola CompanyCoca-Cola beat Q2 estimates and raised 2026 guidance on strong demand and pricing.
Coca-Cola Europacific Partners PLCCoca-Cola's strong demand and volume growth likely benefit bottler Coca-Cola Europacific Partners.