Coca-Cola Co. (KO)

$ 72.00
   
  • Change Today:
    $-0.10
  • 52 Week High: $73.90
  • 52 Week Low: $60.81
  • Currency: US Dollars
  • Shares Issued: 4,302.00m
  • Volume: 10,198,481
  • Market Cap: $309,744m
  • RiskGrade: 95
  • Beta: 0.08

Coca-Cola lifts full-year revenue guidance

By Michele Maatouk

Date: Tuesday 26 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Coca-Cola lifted its full-year revenue guidance on Tuesday as it posted a rise in second-quarter revenues.

Net revenues grew i12% in Q2 to $11.3bn, with organic revenues up 16%.

Sales of sparkling soft drinks rise 8%, driven by growth across all geographic operating segments, primarily led by India, Mexico and Brazil. At the same time, trademark Coca-Cola sales were up 7%, driven by growth across all geographic segments and operating units.

Coca-Cola Zero Sugar sales were 12% higher, with double-digit growth across developed, developing and emerging markets.

Chairman and chief executive James Quincey said: "Our results this quarter reflect the agility of our business, the strength of our streamlined portfolio of brands, and the actions we've taken to execute for growth in the face of challenges in the operating and macroeconomic environment."

The company said it now expects to deliver full-year organic revenue growth of between 12% and 13%, up from previous guidance of 7% to 8%.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Coca-Cola Market Data

Currency US Dollars
Share Price $ 72.00
Change Today $ -0.10
% Change -0.14 %
52 Week High $73.90
52 Week Low $60.81
Volume 10,198,481
Shares Issued 4,302.00m
Market Cap $309,744m
Beta 0.08
RiskGrade 95

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Trades for 02-Jun-2025

Time Volume / Share Price
15:59 400 @ $72.03
15:59 100 @ $72.04
15:59 100 @ $72.04
15:59 139 @ $72.04
15:59 140 @ $72.04

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