Coca-Cola's global sales volume drives revenue up 6% in the fourth quarter

Associated Press Finance
02-11

Coca-Cola posted better-than-expected revenue in the fourth quarter as its sales volumes rose in the U.S., China and elsewhere.

Revenue for the Atlanta beverage giant rose 6% to $11.5 billion. That was better than the $10.68 billion Wall Street was expecting, according to analysts polled by FactSet.

Analysts had expected Coke's unit case volumes to be up less than 1%. But the company reported unit case volumes up 2%, reversing a slide from earlier in the year.

Coca-Cola Zero Sugar saw strong growth globally in the fourth quarter, with case volumes up 13%. Water, coffee, tea and sports drink volumes were all up 2%, the company said Tuesday. Volumes for juice, dairy and plant-based drinks fell 1%.

Net income rose 11% to $2.2 billion for the October-December period. Adjusted for one-time items, the company earned 55 cents per share. That also beat analysts' forecasts of 52 cents.

Coke's shares rose nearly 4% in premarket trading Tuesday.

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