Coca-Cola's Sweet Surge: Q2 Earnings Soar, Raises 2024 Forecasts
Coca-Cola's Sweet Surge: Q2 Earnings Soar, Raises 2024 Forecasts
Coca-Cola's organic revenue in Europe, Middle East and Africa jumped 30% in the second quarter, while in North America, it increased 10%.Coca-Cola Company (NYSE:KO) shares are trading higher following better-than-expected second-quarter FY24 earnings and a raised outlook.
受第二季度FY24收益超出预期和上调前景的推动，可口可乐公司(NYSE:KO)股价上涨。
The company reported second-quarter FY24 sales growth of 3% year-on-year to $12.4 billion, beating the analyst consensus estimate of $11.753 billion.
公司报告第二季度FY24销售额同比增长3％，达到124亿美元，超出分析师共识预期的117.53亿美元。
Revenue performance included a 6% climb in concentrate sales and a 9% growth in price/mix. Unit case volume grew 2% in the quarter. Organic revenues increased 15%.
营收业绩包括浓缩饮料销售增长6％和价格/混合增长9％。本季度单位箱销量增长2％，有机收入增长15％。
Coca-Cola's organic revenue in Europe, Middle East and Africa jumped 30% in the second quarter, while in North America, it increased 10%.
可口可乐在欧洲、中东和非洲地区的有机收益在第二季度增长了30％，而在北美地区增长了10％。
Gross profit rose 7% to $7.551 billion with a profit margin of 61.1%. The operating margin expanded 120 basis points to 21.3%, while the comparable operating margin gained 120 basis points to 32.8%.
毛利润增长7％至75.51亿美元，利润率为61.1％。营业利润率扩大120个基点至21.3％，而可比营业利润率增加了120个基点至32.8％。
Operating income for the quarter increased 10% to $2.63 billion. Adjusted EPS of $0.84 beat the consensus estimate of $0.81.
本季度营业收入增长10％至26.3亿美元。每股收益调整后为0.84美元，超出预期的0.81美元。
Operating cash flow generated for six months was $4.1 billion, a decrease of $516 million from the prior year. Free cash flow totaled $3.3 billion. KO held $17.39 billion in cash and equivalents as of June 28.
前六个月生成的经营性现金流为41亿美元，比去年同期下降了5.16亿美元。自由现金流总计33亿美元。截至6月28日，KO持有173.9亿美元的现金和等价物。
Outlook: Coca-Cola raised its FY24 organic revenue growth outlook from 8% – 9% to 9% – 10%.
前景：可口可乐将FY24有机收入增长前景从8%至9%上调至9%至10%。
KO raised comparable currency neutral EPS growth outlook from 11% – 13% to 13% – 15%.
KO将可比货币中性每股收益增长前景从11%至13%上调至13%至15%。
The company raised comparable EPS (non-GAAP) growth guidance from 4% – 5% to 5% – 6% versus $2.69 in 2023.
该公司将可比每股收益（非GAAP）增长指引从4%至5%上调至5%至6%（相对于2023年的2.69美元）。
Coca-Cola still expects to generate free cash flow (non-GAAP) of approximately $9.2 billion through cash flow from operations of approximately $11.4 billion, less capital expenditures of approximately $2.2 billion.
可口可乐仍预计通过大约11.4亿美元的经营活动现金流净额和大约2.2亿美元的资本支出，生成大约9.2亿美元的自由现金流（非GAAP）。
Price Action: KO shares are trading higher by 1.65% at $65.84 in premarket at the last check Tuesday.
价格动态：截至上周二最新一次交易，KO股价上涨1.65％，报65.84美元。
Image: Shutterstock/ Ravi_Sharma1030
图片：Shutterstock / Ravi_Sharma1030