Coca-Cola, US1912161007

Coca-Cola stock: Q3 growth lifts the 2026 outlook

Published on 10/29/2026 at 17:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Coca-Cola stock follows a stronger third quarter with higher full-year targets. Global volume growth helped offset flat North American volume.

What changed for Coca-Cola investors

Coca-Cola reported 5 percent global unit case growth for the third quarter ended October 2.
Organic revenue increased 7 percent, while comparable earnings per share rose 11 percent.
Management cited flat North American volume but stronger performance in several international markets.

Coca-Cola, US1912161007, Illustration mit AI erstellt.

The Coca-Cola Company reported third-quarter results on October 27, 2026, and raised its full-year outlook. The company said global unit case volume grew 5 percent in the quarter ended October 2, while net revenue and organic revenue each increased 7 percent, according to the Coca-Cola company release.

Guidance moves higher after Q3

Management now expects at least 5 percent organic revenue growth for 2026, at least 11 percent growth in comparable earnings per share and at least 13 billion US dollars in free cash flow. The outlook includes slight destocking and six fewer selling days in the fourth quarter, while currency remains a supportive factor for the full-year comparison.

Comparable earnings per share reached 0.91 US dollars, up 11 percent year over year, and reported earnings per share increased to 0.93 US dollars. Comparable operating margin rose to 32.9 percent from 31.9 percent, with revenue growth and currency tailwinds partly offset by higher marketing and operating expenses.

International demand remains the key support

North American unit case volume was flat, although the company said revenue grew and value share improved. Management attributed part of the volume picture to the timing of the July 4 holiday and comparisons in finished-goods businesses. Outside North America, growth was led by India, China, Mexico and Brazil. Coca-Cola Zero Sugar volume increased 16 percent globally, according to the release.

At Lang & Schwarz, the Coca-Cola stock was quoted at 82.77 EUR on October 29, 2026, at 16:07 Berliner time. That compares with 82.97 EUR in the latest relevant ad-hoc-news report read for October 27, a decrease of 0.24 percent. The movement is a separate market observation and is not presented as a causal reaction to the results.

The current real-time quote of Coca-Cola stock provides the latest trading reference.