Coca-Cola and UPS Project Double-Digit Profit Gains
Coca‑Cola reported a 7% rise in organic sales in North America and lifted its full‑year organic sales growth target to 5% while forecasting an 8% increase in earnings per share. The company, led by new CEO Henrique Braun, credited strong demand during the FIFA World Cup and a shift toward low‑sugar and non‑carbonated drinks. Its shares rose about 4.2% in pre‑market trading.
United Parcel Service (UPS) raised its 2026 revenue outlook to $91.2 billion, up from $89.7 billion, and projected adjusted earnings of $7.22 per share. CEO Carol Tomé said the second‑quarter results “signal an expected and significant shift” as the carrier continues to trim low‑margin Amazon parcel volume and simplify its delivery network.
Both companies highlighted strategic moves to improve profitability: Coca‑Cola through product diversification and World Cup sponsorship, and UPS by focusing on higher‑margin shipments and stronger pricing.
Entities: Amazon · Carol Tomé · Coca-Cola · Henrique Braun · UPS