Coca-Cola raises FY2026 organic revenue growth outlook to about 5% after strong quarter
Key Takeaways
- •The Coca-Cola Company lifted its FY2026 organic revenue growth forecast to about 5%.
- •Second-quarter net revenues reached US$13.4 billion, a 7% increase from a year earlier.
- •Operating income rose 9% as the company reported growth in revenue, profit, and earnings.
- •Coffee volume fell 2% globally, with much of the weakness linked to the Asia-Pacific region.
- •The company reportedly explored selling its Costa Coffee subsidiary earlier this year.
The Coca-Cola Company has raised its organic revenue growth projection for FY2026 to about 5%, following a strong quarter for the beverage conglomerate.
Net revenues rose to US$13.4 billion, up 7% year on year, while operating income increased 9%.
“We delivered another strong quarter by staying close to the changing needs of our consumers and customers,” said Enrique Braun, CEO of The Coca-Cola Company.
“While we continue to see a dynamic consumer landscape, we leveraged our powerful brands and system to gain value share, delivering revenue, profit and earnings growth while also investing for the long term.”
Despite 6% volume growth in the water, sports, coffee and tea segment, coffee was one of Coca-Cola’s weaker performers in the second quarter, with overall volume declining 2% globally.
Much of the decline was driven by changes in the Asia-Pacific region, contrasting with 8% company volume growth across the Coca-Cola portfolio. The split underscores how the company’s broader drinks mix can offset weakness in a single category, even as it continues to manage shifting demand across regions and product lines.
The wider water, sports, coffee and tea segment grew 4% in Europe, the Middle East and Africa, and 3% in Latin America.
The company did not disclose coffee volume performance by region or market, nor did it identify specific brands behind the decline.
The Coca-Cola Company reportedly explored selling its subsidiary Costa Coffee earlier this year.