Coke Surges as Strong Sales Growth Boosts Earnings Outlook

Coca-Cola reported a 6.74% revenue increase to $13.38 billion in Q2 2026, driven by a 16% rise in Coca-Cola Zero Sugar volume and strong global unit growth.

The company raised its full-year guidance twice, boosted by successful marketing campaigns like the FIFA World Cup campaign.

PepsiCo posted $24.18 billion in revenue, up 6.4%, but faced a 2% decline in its North American snacks segment, offset by growth in international markets.

PepsiCo reaffirmed its guidance but warned of margin pressure and potential EPS at the lower end of estimates.