Coca-Cola hikes full-year forecast. CEO tells CNBC the World Cup boosted its brands
Coca-Cola released second-quarter results that surpassed analyst expectations, prompting the company to elevate its full-year projections. The beverage maker now forecasts comparable earnings per share growth of 9% to 10%, up from a previous range of 8% to 9%. Additionally, Coke raised its organic revenue growth outlook to approximately 5%, moving to the upper end of its earlier 4% to 5% guidance.
The company attributed much of its strong quarterly performance to the impact of its World Cup mar