Coca-Cola's stock jumps after a big sales beat, as case volume returns to growth

Dow Jones
2025/02/11

MW Coca-Cola's stock jumps after a big sales beat, as case volume returns to growth

Shares of Coca-Cola Co. $(KO)$ climbed 4.2% toward a 3 1/2-month high in premarket trading Tuesday, after the beverage giant beat fourth-quarter profit and revenue expectations, as unit case volume returned to growth and prices continued to rise.

Adjusted earnings per share grew 12% from a year ago to 55 cents, above the FactSet consensus of 52 cents, while net revenue increased 6% to $11.5 billion to beat expectations of $10.68 billion. The revenue beat was by the widest margin since mid-2021.

Unit case volume was up 2%, after falling 1% in the previous quarter to snap a six-quarter streak of growth. Price and mix rose 9%, to mark the 11th-straight quarter of increases of at least 9%.

This is breaking news. Check back for updates.

-Tomi Kilgore

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

February 11, 2025 07:06 ET (12:06 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10