Coca-Cola (KO) Reports Strong Quarter, Surpasses Earnings Estimates

Revenue:

* Q4: $11.5 billion (vs. $10.67 billion estimate)
* Full-year: 12% organic growth

Earnings Per Share:

* Q4: $0.55 (vs. $0.52 estimate)

Growth Drivers:

* Higher price/mix (+9%)
* Unit case volume increase (+2%)
* Latin America: 23% price/mix growth, 2% unit case volume growth

North American Performance:

* Unit case volume growth: +1%
* Price/mix growth: +12%

Outlook:

* Organic revenue growth target: 5-6% in 2025
* Adjusted earnings growth target: 2-3% in 2025

Market Performance:

* Shares up 7% in the past year
* Trails the S&P 500's 20% gain

Headwinds:

* Potential tariffs on agricultural commodities
* Inflationary pressures

Analyst Commentary:

* Bryan Spillane, Bank of America: "Delivers the kind of growth that you would expect."
* Peter Grom, UBS: "Stands out in an environment where many staples peers struggle."

Role in Fast Food Promotions:

* Played a part in McDonald's $5 meal bundle
* Costco switching food court fountain business back to Coca-Cola from PepsiCo