Coca-Cola Raises Full-Year Forecast After World Cup Boost
Guidance·1 article across 1 outlet·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Coca-Cola reported a rise in demand for its drinks across all markets in the second quarter, attributed to the World Cup. The company raised its full-year outlook, benefiting from its role as a major sponsor of the FIFA World Cup.
Coca-Cola
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Coca-Cola said demand for its drinks rose in every market in the second quarter, helped in part by the World Cup.”
CNBC — Coca-Cola hikes full-year forecast. CEO tells CNBC the World Cup boosted its brands“Coca-Cola Co. raised its full-year outlook, bolstered by demand last quarter while it served as a major sponsor of the FIFA World Cup.”
Bloomberg — Coca-Cola Raises Guidance, Buoyed by World Cup Sales Lift
SupportCorroborates it
“Soft-drink maker’s marketing included promoting Powerade in mid-game ‘hydration breaks’”
FT — Coca-Cola and Unilever sales surge after World Cup marketing blitz
Earlier versions
- Jul 28, 2:42 PM — Coca-Cola Raises Full-Year Guidance, Buoyed by World Cup Sales (1/1)