KO reports $0.97 non-GAAP EPS and $13.4 billion revenue, exceeding expectations by $0.04 and $230M respectively.
Coca-Cola posted second-quarter non-GAAP earnings per share of $0.97, surpassing estimates by $0.04, as revenue rose 7.2% year-over-year to $13.4 billion. The beat of $230M was driven by a 4% increase in concentrate sales and 2% growth in price/mix.
Organic revenue growth reached 6%, aligning with the company’s prior guidance. The prior-year quarter saw revenue of $12.5 billion, with organic growth at 5%. Concentrate sales and pricing strategies continued to support performance.
The results reflect sustained demand amid pricing adjustments and volume growth in key markets.