KO · Coca-Cola Company (The) Q2 FY2026 earnings call record财报电话会记录

“The economy is strong in many places, yet many consumers face inflationary pressures, geopolitical uncertainty, and economic challenges.”

“and Europe, the consumer backdrop is stable in aggregate, but many remain under pressure.”

“By focusing our resources on a selective set of consumer, customer, and enterprise priorities, we can strengthen our competitive advantages and create more value across the system.”

“For the quarter, organic revenue grew 6% and unit case volume grew 5%.”

“Based on our year-to-date results and expectations for the balance of the year, including six fewer days in the fourth quarter, we expect to deliver at the high end of our prior revenue guidance with organic revenue growth of approximately 5%.”

“We now expect comparable currency-neutral earnings per share growth, excluding acquisitions and divestitures, of 7%-8%.”

“Divestitures are now expected to be a 2%-3% headwind to comparable net revenues and an approximate 1% headwind to comparable earnings per share.”

“Based on current rates and our hedge positions, we now expect an approximate 1-point currency tailwind to comparable net revenues and continue to expect an approximate 3-point currency tailwind to comparable earnings per share for the full year 2026.”

“We expect concentrate shipments to lag unit case volume by 1 point during the third quarter and now expect concentrate shipments to slightly trail unit case volume for the full year.”

“Another 1/3 was of the affordability initiatives that are important for us to bring the consumers to the base in the right way, as I was mentioning, investing on cold drink equipment and the right capability to execute this and gain more consumer engagement across that segment.”

“The impact of that coming together brought us an opportunity to get, for instance, innovation that was scaled across the world with Panini generating 1 billion stickers that was given away with consumers on our packages all over the world.”

“One thing that we're getting a lot better lately, it's exactly about bringing the complexity of being a global enterprise with more precision and more personalization with our customers and our consumers daily.”