Coca-Cola down after flagging cost pressures, consumer weakness

Coca-Cola

27/10/2026 18:02

** Shares of Coca-Cola KO.N down ~1% at $91.88
** Underlying pressure across the consumer landscape expected to persist through the year and into 2027 - Co executives warn on post-earnings call
** CEO Henrique Braun says cost pressures have accelerated
** However, co raises its annual profit forecast, betting on resilient demand for its zero-sugar sodas and pricier beverages such as fairlife milk
** Expects full-year 2026 comparable currency-neutral earnings per share to grow at least 9%, up from its previous forecast of 7% to 8%
** Reports Q3 revenue of $13.35 billion, compared with analysts' estimate of $12.92 billion - data compiled by LSEG
** Logs quarterly adjusted EPS of 91 cents, versus expectations of 88 cents
** As of last close, KO up about 33% YTD 

 (Reporting by Shania S Thomas and Koyena Das in Bengaluru)
 ((shanias.thomas@thomsonreuters.com))