Rising sales and prices helped boost Coca-Cola Company's Q3 earnings above expectations, reaffirming guidance for 2025.

The Coca-Cola Company's sales growth in the third quarter exceeded market expectations, indicating that despite rising prices, consumers are still actively purchasing the company's beverage products. The financial report shows that Coca-Cola Company's Q3 revenue increased by 5% year-on-year to $12.46 billion, better than the analysts' average expectation of $12.41 billion; organic revenue grew by 6%, also exceeding analysts' average expectations. Data shows that Coca-Cola Company's Q3 product prices increased by 6%, with overall sales volume increasing by 1%. The performance in terms of profit is also satisfactory. Q3 operating profit was $3.982 billion, a year-on-year increase of 59%; net profit attributable to shareholders was $3.696 billion, a year-on-year increase of 30%. Adjusted earnings per share were $0.82, better than analysts' average expectation of $0.78. This latest performance shows that Coca-Cola Company is winning favor with consumers with its expanding beverage portfolio, including products such as sugar-free soda, sports drinks, and bottled water. As grocery retail competition intensifies and the cost of living rises, smaller-sized bottled and canned products are also driving the company's sales growth. Additionally, as the world's largest beverage company, Coca-Cola Company is benefiting from price increases, especially for products like Fairlife milk and Topo Chico sparkling water. In the North American market, growth in categories such as ready-to-drink tea, water, and energy drinks has offset the impact of another weak quarter for its flagship Coca-Cola soda. Coca-Cola Company plans to launch a Coca-Cola product in the U.S. this fall using a cane sugar formula, in response to President Trump's "Make America Healthy Again" movement, although some analysts express concerns about higher raw material costs. Additionally, the company plans to introduce 7.5 oz mini cans in convenience stores in the U.S., priced at less than $2 per can, to attract budget-conscious consumers and stimulate sales growth. Meanwhile, although Coca-Cola Company CEO James Quincey acknowledges that the overall operating environment remains challenging, the company maintains its full-year sales and profit targets. Quincey said, "We are confident that we can achieve our 2025 guidance goals, while working towards our long-term goals." The company stated that it still hopes to achieve 5% to 6% organic revenue growth adjusted for 2025, as well as a 3% increase in adjusted earnings per share compared to 2024. As of the time of writing, Coca-Cola Company's U.S. stocks were up more than 2% in pre-market trading on Tuesday.