The Coca-Cola Company (KO) exceeded Wall Street expectations for the second quarter on July 28, 2026. Net revenues reached $13.4 billion. Adjusted earnings per share totaled $0.97. Organic revenue grew by 6%. Global volume increased by 5%. Strong demand for zero-sugar beverages and FIFA World Cup momentum drove the performance.
Coca-Cola raised its full-year 2026 guidance following the results. The company now expects organic revenue growth of approximately 5%. Comparable earnings per share are projected to grow between 9% and 10%. This revised target increases from the previous range of 8% to 9%.
Coca-Cola shares rose over 2% in pre-market trading. The results suggest resilient consumer spending on core products despite broader economic concerns. Investors in consumer staples ETFs like VDC and XLP monitor the company for sector health indicators.