Coca-Cola Raises Full-Year Outlook After Strong Q2 Earnings Boosted by World Cup Sales
Macro·2 articles across 2 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Coca-Cola posted stronger-than-expected earnings and raised its full-year profit forecast. The company raised its full-year outlook, bolstered by demand last quarter while it was a major sponsor of the FIFA World Cup.
Coca-Cola stock has risen 19% this year, outstripping the gains of the S&P 500.
Coca-Cola
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Coca-Cola stock has risen 19% this year, outstripping the gains of the S&P 500.”
CNBC — Coca-Cola tops earnings estimates, hikes full-year outlook as demand for drinks climbs“Coca-Cola Co. raised its full-year outlook, bolstered by demand last quarter while it was a major sponsor of the FIFA World Cup.”
Bloomberg — Coca-Cola Raises Full-Year Guidance, Buoyed by World Cup Sales“Coca-Cola posted stronger-than-expected earnings and raised its full-year profit forecast”
quartz — Coca-Cola posted stronger-than-expected earnings and raised its full-year profit forecast
Earlier versions
- Jul 28, 10:59 AM — Coca-Cola Tops Earnings Estimates, Hikes Full-Year Outlook as Demand for Drinks Climbs (1/1)