BUZZ - Coca-Cola shares fall due to increased cost pressures and weak consumer demand
路透社2026/10/27 18:11October 27 - ** Coca-Cola (KO.N) shares fell about 1%, trading at $91.88
** The potential pressures facing the consumer sector are expected to persist throughout the year and extend into 2027—a warning issued by Coca-Cola executives during the earnings call
** CEO Henrique Braun stated that cost pressures are intensifying
** However, the company raised its annual profit forecast, betting that demand for its high-priced drinks such as sugar-free soda and fairlife milk will remain resilient
** Full-year 2026 earnings per share at comparable exchange rates are now expected to increase by at least 9%, up from the previous forecast of 7% to 8%
** The report shows third quarter revenue was $13.35 billion, exceeding analysts’ forecast of $12.92 billion—data compiled by LSEG
** Quarterly adjusted earnings per share were 91 cents, higher than the expected 88 cents
** As of the previous trading day’s close, KO has risen about 33% so far this year
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