Volume and pricing - Net sales growth was primarily driven by increased volume and annual pricing actions, as well as a shift in the timing of the Fourth of July holiday
Category performance - Sparkling volume growth was led by zero-sugar and flavor offerings, while Still category growth was driven by brands including Core Power, Powerade, smartwater and Monster
Higher input costs - Gross margin was reduced primarily due to increased aluminum costs from geopolitical conflicts, supply constraints and elevated tariffs
Outlook for 2026
Company expects 2026 capital expenditures to be about $300 mln
Company says it remains focused on affordability and marketplace execution for rest of 2026
COKE•
