How Soda Sales Helped Coca-Cola Beat Wall Street Again

CocaCola has reported secondquarter revenue of $12.62 billion, beating Wall Street estimates and reaffirming its dominance in the global beverage market. The 2.5% yearonyear growth outpaced analyst projections of 1.86%, driven by resilient consumer demand for its core soda offerings.

 

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Investor Sentiment:

The upbeat results come amid cautious optimism, with analysts noting CocaCola’s strong net margin and return on equity despite slower revenue growth compared to peers.

 

Sources: Reuters, Benzinga, MSN Money, MarketBeat, Macrotrends.