Coca-Cola (KO) Q1 2026 earnings

Coca-Cola (KO) Q1 2026 earnings

CNBC business

Key Points:

  • Coca-Cola reported quarterly earnings of 86 cents per share and revenue of $12.47 billion, both surpassing analysts' expectations of 81 cents and $12.24 billion, respectively.
  • The company’s first-quarter net income rose to $3.92 billion, or 91 cents per share, up from $3.33 billion, or 77 cents per share, a year earlier.
  • Adjusted net sales increased 12%, with organic revenue growing 10%, driven by a 3% rise in global unit case volume excluding pricing effects.
  • Coca-Cola raised its full-year comparable earnings per share growth forecast to 8%-9%, up from 7%-8%, while maintaining its organic revenue growth outlook of 4%-5%.
  • Premium brands like Fairlife and Smartwater continue to perform well, supported by higher-income consumers, despite weaker demand from budget-conscious shoppers.

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