Your Coke cost 4% more in North America last quarter, and just 1% more globally | Fortune
Briefly

Your Coke cost 4% more in North America last quarter, and just 1% more globally | Fortune
"Global unit case volumes grew 1% for the October-December period, led by the U.S., Japan and Brazil, the Atlanta beverage giant said Tuesday. Unit case volumes also rose by 1% in North America, reversing several quarters of flat or declining sales. Coke said it hiked prices 4% in North America and 1% globally during the quarter. Coca-Cola Zero Sugar was a strong performer, with sales up 13% for the October-December period."
"The company said last fall that it's seeing a divergence among consumers in North America and Europe, with higher-income buyers opting for its more expensive brands like Smartwater, Topo Chico and Fairlife while middle- and lower-income consumers are under more pressure. Last month, the company introduced 7.5-ounce mini cans for the first time at North American convenience stores to help make its soft drinks more affordable."
"Revenue rose 2% to $11.8 billion in the October-December period, falling short of Wall Street's expectations. Analysts polled by FactSet expected quarterly revenue of $12.05 billion. Net income rose 3% to $2.3 billion. Adjusted for one-time items, the company earned 58 cents per share, or 2 cents better then Wall Street had expected. Coke said it expects its organic revenue to rise 4% to 5% in 2026. The company's organic revenue grew 5% last year, and analysts were expecting close to that this year."
Coca-Cola’s global unit case volumes rose 1% in October–December, led by the U.S., Japan and Brazil, with North America also up 1% after prior flat or declining sales. The company increased prices by 4% in North America and 1% globally during the quarter. Coca-Cola Zero Sugar sales climbed 13%, while water, sports drinks, coffee and tea saw stronger demand and juices and dairy lagged. Revenue grew 2% to $11.8 billion, missing expectations, and net income rose 3% to $2.3 billion. Organic revenue is forecasted to rise 4–5% in 2026. Leadership succession to Henrique Braun will become CEO on March 31.
Read at Fortune
Unable to calculate read time
[
|
]