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Coca-Cola Beats Q1, Raises Outlook, Plans Africa Sale

4/29/2026

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Summary

Story summary

Coca-Cola posted Q1 2026 revenue $12.5 billion and earnings $0.86 per share, beating $0.81 estimate.
President Henrique Braun raised the full-year EPS growth outlook to 8%-9% from 7%-8%.
Organic revenue and global unit case volume increased 10% and 3% respectively, with North America up 4%.
Coca-Cola will sell its stake in Coca-Cola Beverages Africa in H2 2026.
The sale adds a 4% headwind while input-cost cuts cut operating income 17%.

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Story summary

Coca-Cola posted Q1 2026 revenue $12.5 billion and earnings $0.86 per share, beating $0.81 estimate.
President Henrique Braun raised the full-year EPS growth outlook to 8%-9% from 7%-8%.
Organic revenue and global unit case volume increased 10% and 3% respectively, with North America up 4%.
Coca-Cola will sell its stake in Coca-Cola Beverages Africa in H2 2026.
The sale adds a 4% headwind while input-cost cuts cut operating income 17%.