The Coca-Cola Company (KO) Earnings Call Transcripts
The Coca-Cola Company's Latest Earnings Call - September 9, 2026
In the third quarter of fiscal year 2026, The Coca-Cola Company reported revenue of $12.5 billion, exceeding analysts' expectations of $11.9 billion, reflecting a year-over-year growth of 9%. Earnings per share (EPS) came in at $2.10, beating estimates by $0.15. Management maintained its guidance for the fiscal year, projecting revenue growth in the mid-single digits, while emphasizing a focus on balanced growth between volume and price mix. The CEO highlighted ongoing consumer-centric strategies and digital integration as key drivers for future growth.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $12.5B (beat) |
| EPS | $2.10 (beat) |
| Fiscal Year Revenue Growth Guidance | Mid-single digits (inline) |
| Global Servings | 2.2 billion servings/day (neutral) |
| Brand Portfolio Reduction | From 500 to less than 200 brands (positive) |
| Digital Outlet Reach | Over 2/3 of 33 million outlets (neutral) |
Guidance from management
Management maintained its guidance for mid-single digit revenue growth for the fiscal year, emphasizing the importance of balanced growth between volume and price mix.
What management said
Yes. A lot. And I hope we've all learned with the Spanish team as all, right? It did a tremendous job in there. And but I really mean it because they played as one team, and they deserve. But I think the World Cup was a very positive surprise to everybody. Soccer football lovers like I am. I mean, we knew it could be big, but it was even big. I mean the excitement of people, fans and around the I don't know if you ha...
What analysts pressed on
Analysts expressed concerns about the uneven global consumer backdrop and how Coca-Cola plans to navigate competitive pressures, particularly in emerging markets. There is also apprehension regarding the company's ability to balance volume growth without compromising brand equity.
Main topics on the call
- Revenue Growth Acceleration — Coca-Cola's revenue reached $12.5 billion, surpassing the expected $11.9 billion, indicating a strong growth trajectory. CEO Henrique Braun stated, "We are protecting and continuing that momentum," which suggests confide...
- Consumer-Centric Strategy — Management emphasized the importance of consumer centricity, stating, "Being closer to the consumer... is about using everything that you have at your fingertips." This approach aims to enhance product offerings and alig...
- Digital Integration — Digital capabilities are being positioned as a core aspect of Coca-Cola's strategy. Braun noted, "Digital is Coca-Cola's next SuperPower," highlighting the integration of digital tools to enhance consumer engagement and ...
- Balanced Growth Focus — Management reiterated its commitment to balanced growth between volume and pricing, stating, "We aim for a balanced growth algorithm where you have volume and you got price mix playing in tandem." This indicates a strate...
Read the full The Coca-Cola Company transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About The Coca-Cola Company
The Coca-Cola Company (KO) is a publicly listed company in the Beverages industry, within the Consumer Staples sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 68 calls on record spanning January 30, 2020 to September 9, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 68 The Coca-Cola Company earnings call transcripts on record, spanning January 30, 2020 to September 9, 2026. Based on this history, The Coca-Cola Company reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- KO
- Exchange
- NYSE
- Country
- US
- Sector
- Consumer Staples
- Industry
- Beverages
- Calls on record
- 68
- First call
- January 30, 2020
- Most recent
- September 9, 2026
- Reporting cadence
- quarterly