Catenaa, Tuesday, April 29, 2025- Coca-Cola posted better than expected earnings of $11.1 billion in the first quarter despite revenue falling year over year as the company says it can manage tariff impacts.
The company said on Tuesday that its net revenues declined 2% year over year to $11.1 billion in Q1, driven by currency headwinds and the impact of re-franchising bottling operations.
Wall Street was expecting a net revenue close to $11.16 billion in the first quarter.
“Our performance this quarter once again demonstrates the effectiveness of our all-weather strategy,” said James Quincey, Chairman and CEO of The Coca-Cola Company.
He said despite some pressure in key developed markets, the power of its global footprint allowed Coca-Cola to successfully navigate a complex external environment. “By remaining true to our purpose and staying close to the consumer, we are confident in our ability to create enduring long-term value.”
The company said it served 180 million units at the Maha Kumbh Mela festival in India which is considered the world’s largest in-person gathering with an estimated 660 million attendees in 2025, through approximately 1,400 mobile stations and a world-record-long 100 cooler-door wall.
On its outlook Coca-Cola said the company’s operations are primarily local, however, it is subject to global trade dynamics which may impact certain components of the company’s cost structure across its markets. “At this time, the company expects the impact to be manageable,” it added.
Despite tariff and trade challengers, Coca-Cola’s revenue forecast for 2025 remains unchanged between organic revenue growth of 5% to 6%.
Coca-Cola stock was up by 0.6% on Tuesday Morning with earnings report being released before the market open, Coca-Cola stock is up by 16% YTD.
