Coca-Cola Outlook Cut Below Forecasts as Coke Zero and Water Sales Rise
Coca-Cola cut its 2026 organic revenue growth outlook to below analysts’ forecasts, driving shares lower. The company reported stronger-than-expected sales increases in its Coke Zero and packaged water segments, offsetting some concerns around overall performance.
1. Weakened 2026 Outlook
Coca-Cola slashed its organic revenue growth forecast for 2026 to below consensus estimates following slower volumes in core sparkling brands. The revision prompted a sharp decline in shares as investors digested the dimmer full-year view.
2. Coke Zero and Water Outperform
Coke Zero delivered an unexpected uptick in unit sales, while packaged water categories posted a notable rise in demand. Management flagged these segments as key growth drivers that partially offset headwinds in traditional soda lines.