From Yahoo Finance: 2025-04-29 07:00:00

Coca-Cola’s quarterly revenue and profit beat estimates due to price hikes and strong demand, but warns U.S. tariffs could impact costs. Unlike PepsiCo and Procter & Gamble, Coca-Cola maintains full-year forecasts amid global trade tensions. Strategies to mitigate tariffs include offering affordable packaging options and using plastic bottles.

Rival PepsiCo faces subdued consumer spending and slowing demand for snacks and drinks. Coca-Cola assures manageable global trade impact and local operations to mitigate any hit. Quarterly revenue slightly fell to $11.22 billion, with earnings per share beating estimates at 73 cents. Average selling prices rose 5%, unit case volumes up 2%.

Some challenges for Coca-Cola include a 3% volume decline in North America due to Hispanic consumer boycotts over false claims of reporting migrant employees to ICE. Company executives deny the claims, but acknowledge the impact on business. Despite challenges, Coca-Cola remains confident in its fundamentals and reaffirms guidance.

Read more: Coca-Cola beats results estimates, warns tariffs could hurt sentiment