Coca-Cola lifts 2026 sales outlook
Coca-Cola announced strong financial results for the second quarter of 2026, supported by increased sales of energy drinks during the World Cup tournament. This led the company to raise its revenue growth forecast for 2026 to around 5%. The company achieved revenues of $13.37 billion, surpassing analyst expectations, with its stock rising by 1.8% before the market opened — the highest since the start of the year, up 20%. Additionally, break times during matches and World Cup-related promotional events contributed to increased demand for Coca-Cola products, despite a decline in discretionary spending among low-income consumers. The company has raised its earnings per share growth forecast to between 9% and 10%, continued investing in new products, and highlighted potential challenges regarding input costs over the next two years, with the CFO noting that the costs of aluminum and polyethylene terephthalate have risen beyond expectations.
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