Coca-Cola Reports 7% Organic Revenue Growth Driven by International Demand
Coca-Cola (KO) reported strong third-quarter results, highlighted by a 7% increase in organic revenue and an 11% rise in adjusted earnings per share to $0.91. Global unit case volume grew by 5%, fueled significantly by robust demand in Latin America, Asia Pacific, and the Europe, Middle East, and Africa segments. Notable product performers included Coca-Cola Zero Sugar, which saw a 16% volume jump. Despite global success, the company faced stagnation in its North American market, where unit case volumes remained flat year-over-year. While flagship Coca-Cola products performed well domestically, growth was offset by declines in water, sports drinks, coffee, and tea categories. Investors are closely monitoring how the company addresses this domestic slowdown while leveraging its strong international momentum and healthy free cash flow.
Tickers: $KO
Topics: earnings per share geographic performance revenue growth unit case volume
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