Coca-Cola shares climbed 3% in pre-market trading today after the company exceeded expectations by reporting growth for both its fourth quarter and full year 2024 results.
Coca-Cola’s fourth-quarter revenue rose 6% to $11.54 billion, exceeding expectations of $10.68 billion.
For the full year, Coca-Cola’s net revenues grew 3% to $47.1 billion.
The company reported an increase in demand in China, Latin America, and the U.S.
James Quincey, Chairman and CEO of The Coca-Cola Company told investors “The Coca-Cola Company today reported fourth quarter and full year 2024 results. “Our all-weather strategy is working, and we continue to demonstrate our ability to lead through dynamic external environments. Our global scale, coupled with local-market expertise and the unwavering dedication of our people and our system, uniquely position us to capture the vast opportunities ahead.”
Coca-Cola projects an organic revenue growth of 5% to 6% in 2025.
By CEO NA Editorial Staff
