Coke demand rises in fourth quarter despite higher prices [Globe and Mail, The (Toronto, Canada)]
Coca-Cola Company (The) (KO)
Last coca-cola company (the) earnings: 4/21 05:55 am
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Source: Globe and Mail, The
Global unit case volumes grew 1% for the October-December period, led by the U.S., Japan and Brazil, the Atlanta beverage giant said Tuesday. Unit case volumes also rose by 1% in North America, reversing several quarters of flat or declining sales. Coke said it hiked prices 4% in North America and 1% globally during the quarter. Revenue rose 2% to $11.8 billion. Still, that fell short of Wall Street's expectations. Analysts polled by FactSet expected quarterly revenue of $12.05 billion. Net income rose 3% to $2.3 billion. Adjusted for one-time items, the company earned 58 cents per share, or 2 cents better then Wall Street had expected. Shares fell almost 4% before the opening bell. Coca-Cola announced in December that Henrique Braun, the company's current chief operating officer and a 30-year veteran of the company, will become its CEO on March 31. Coke's current Chairman and CEO, James Quincey, will become executive chairman.
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News
- CocaCola (NYSE:KO) had its "overweight" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- UBS Sees Stability in The Coca-Cola Company's Core Business, Raises PT to $87 [Yahoo! Finance]Yahoo! Finance
- CocaCola (NYSE:KO) had its price target raised by analysts at JPMorgan Chase & Co. from $79.00 to $83.00. They now have an "overweight" rating on the stock.MarketBeat
- CocaCola (NYSE:KO) was given a new $87.00 price target on by analysts at Royal Bank Of Canada.MarketBeat
- CocaCola (NYSE:KO) was given a new $85.00 price target on by analysts at Truist Financial Corporation.MarketBeat
KO
Earnings
- 2/10/26 - Beat
KO
Sec Filings
- 2/10/26 - Form 8-K
- 2/5/26 - Form 4
- 2/3/26 - Form 144
- KO's page on the SEC website