Overview
- Coca‑Cola, which reported results Tuesday, posted adjusted EPS of $0.86 on $12.47 billion in revenue, topping estimates of $0.81 and $12.24 billion.
- The company raised its 2026 EPS growth target to 8%–9% after lowering its expected tax rate to 19.9% and kept organic revenue growth at 4%–5%.
- Global unit case volume rose 3%, led by Coca‑Cola Zero Sugar up 13%, as health trends and new mini‑can packs drew more buyers.
- Operating margin improved to 35.0% from 32.9% a year ago, though Asia Pacific profit fell about 17% due to higher input costs, stepped‑up marketing, and a one‑time inventory cost.
- Leaders flagged pressure on lower‑income shoppers and geopolitical and regulatory risks, and said the planned sale of Coca‑Cola Beverages Africa in the second half of 2026 should lift margins even as it reduces reported revenue.