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Coca-Cola Shares Slip After Q4 Revenue Miss and Cautious 2026 Guidance

A conservative 2026 sales outlook refocused investors on lingering weakness in key international markets.

Overview

  • Adjusted EPS rose to $0.58 and topped estimates, but revenue of roughly $11.8 billion grew about 2% and missed forecasts as global unit case volume increased 1%.
  • Shares fell about 3%–4% in early trading after management guided to 4%–5% organic revenue growth for 2026, below Wall Street expectations.
  • Executives pointed to soft demand in China, India and Mexico and to affordability pressures following price increases of about 4% in North America and 1% globally, with targeted price cuts in parts of Europe and Asia.
  • Coca-Cola Zero Sugar led category gains with about 13% volume growth in the quarter and hydration brands advanced, while juices and dairy underperformed.
  • The company is discontinuing Minute Maid frozen canned juice in North America and plans a CEO transition to Henrique Braun on March 31, 2026.