Coca-Cola Expected to Post Higher 3Q Sales as Consumer Remains in Focus — Earnings Preview
By Kelly Cloonan
Coca-Cola is scheduled to report its third-quarter results on Tuesday before market open. Here is what you need to know.
NET INCOME: The beverages company is expected to post a profit of $3.79 billion, compared with $3.7 billion the year before, according to FactSet.
ADJUSTED EARNINGS: Stripping out certain one-time items, earnings are expected to come in at 88 cents a share, compared with 82 cents a share the prior year.
REVENUE: The company is expected to report $12.92 billion in sales, compared with $12.46 billion in the year-ago quarter, according to FactSet.
ORGANIC GROWTH: Analysts expect organic growth of 4.6%, compared with 6% a year ago.
The stock has risen 12% in the past three months and recently traded around $92.45.
WHAT TO WATCH:
--Analysts will be watching Coca-Cola's results for a sign of how consumers are holding up, both in the U.S. and internationally. Chief Executive Henrique Braun said at a conference last month that the global consumer backdrop remains uneven, with low-income consumers under pressure, a trend the company has responded to by rejiggering its pricing and packaging architectures.
--Even with budget-conscious consumers, Coca-Cola recorded a 5% increase in overall case volume during the second quarter, helped by marketing efforts including its World Cup campaign. The company said at the time it collected more than 25 million records on customers' data during the World Cup, which it plans to use to inform future advertising. The company also saw strength for drinks like Coca-Cola Zero Zero--which has zero calories, sugar and caffeine--in the quarter.
--Coca-Cola recently struck a deal to provide beverages to thousands of KFC's U.S. restaurants, in a blow to KFC's longtime supplier, PepsiCo. The switch, set to begin in January, comes as restaurants assess their beverage offerings as they look to appeal to younger consumers and boost profits.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
October 26, 2026 13:14 ET (17:14 GMT)
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