Stock Data
$1.82 (2.21%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER DEFENSIVE
Industry
BEVERAGES - NON-ALCOHOLIC
The Coca-Cola Company is a global leader in the beverage industry, offering a wide array of nonalcoholic drinks. Its portfolio includes iconic soft drinks like Coca-Cola and Sprite, a variety of water, sports, coffee, and tea beverages, as well as juice, dairy, and plant-based drinks. Coca-Cola also produces concentrates and syrups used in restaurants and convenience stores. With a rich history dating back to 1886 and headquartered in Atlanta, Georgia, Coca-Cola operates with a vast network of bottling and distribution partners, serving customers worldwide under renowned brands such as Diet Coke, Fanta, Simply, and Powerade.
Coca-Cola extended its five-quarter streak of Wall Street beats with a 4% EPS surprise and 1.6% revenue beat, powered by 5% global volume growth and FIFA World Cup momentum that CEO Henrique Braun credited to staying close to changing consumer needs. The beverage giant raised full-year guidance across the board, now expecting 5% organic revenue growth and 9-10% comparable EPS growth.
Nine stocks hit 52-week highs this week, with Apple climbing 5.54% above its prior peak and Starbucks breaking through despite consumer headwinds.
Coca-Cola's rare 4.6% intraday slide is catching attention in a stock that typically trades like clockwork, signaling something shifted today for the consumer staples benchmark.
Coca-Cola hit $84.25, breaking its prior 52-week peak by just 0.13% as money flows into defensive plays while geopolitical risk roils equities.
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