CLAIM #35680 · The Coca-Cola Company (KO) · 2025Q2 earnings call · Jul 22, 2025 · due Dec 31, 2025
“Thanks to the proven strength of our system, we have great confidence we will deliver on our updated 2025 guidance and create enduring value for our stakeholders.”
John Murphy · CFO
In context
“ime. We are expecting concentrate sales to run slightly behind unit cases during the third quarter. Based on what we know today, we continue to believe the impact of global trade dynamics on our cost structure will be manageable. Given the strong margin expansion that came through earlier in the year, we no longer expect margins to be back-half weighted in 2025. Last, due to our reporting calendar, there will be one additional day in the fourth quarter. So in summary, while the external environment continues to evolve, we're successfully pivoting to continue to deliver top-line growth, margin expansion, and earnings per share growth. In the first half of the year, we've effectively tackled many challenges not anticipated at the outset, and we will continue to adapt to whatever lies ahead. Thanks to the proven strength of our system, we have great confidence we will deliver on our updated 2025 guidance and create enduring value for our stakeholders. And with that, operator, we are ready to take questions. Operator: If you have any additional questions, you may rejoin the queue. Our first question comes from Lauren Lieberman from Barclays. Please go ahead. Your line is open. Lauren Lieberman: Great. Thanks. Good morning. I was struck by the use of the phrase word pivot, you know, pivoting our plans, adjusting our plans, a couple of times in both of your prepared remarks. And yet you had, you know, very solid, good, strong organic sales growth this quarter. Profitability was really striking. And the outlook for the second half feels comparably strong, frankly, with just a little bit less margin expansion. So maybe I can just really focus on that pivot plans piece to understand maybe more concisely what it is. You know? As you're thinki”
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SEC filings for KO ↗ · Claim quote is verbatim from the 2025Q2 earnings call.