可口可乐公司Coca Cola(KO)2025年第三季度业绩报告「NYSE」(英文版)(32页).pdf

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可口可乐公司Coca Cola(KO)2025年第三季度业绩报告「NYSE」(英文版)(32页).pdf

1、Coca-Cola Reports Third Quarter 2025 ResultsGlobal Unit Case Volume Grew 1%Net Revenues Grew 5%;Organic Revenues(Non-GAAP)Grew 6%Operating Income Grew 59%;Comparable Currency Neutral Operating Income(Non-GAAP)Grew 15%Operating Margin was 32.0%versus 21.2%in the Prior Year;Comparable Operating Margin

2、(Non-GAAP)was 31.9%versus 30.7%in the Prior YearEPS Grew 30%to$0.86;Comparable EPS(Non-GAAP)Grew 6%to$0.82ATLANTA,Oct.21,2025 The Coca-Cola Company today reported third quarter 2025 results.“While the overall environment has continued to be challenging,weve stayed flexible adapting plans where neede

3、d and investing for growth,”said James Quincey,Chairman and CEO of The Coca-Cola Company.“By offering choice across our total beverage portfolio and leveraging our franchise models unique strengths,were gaining ground and strengthening our leadership position.Were confident we can deliver on our 202

4、5 guidance while also working to achieve our longer-term objectives.”HighlightsQuarterly Performance Revenues:Net revenues grew 5%to$12.5 billion,and organic revenues(non-GAAP)grew 6%.Revenue performance included 6%growth in price/mix,while concentrate sales were even.Concentrate sales were 1 point

5、behind unit case volume due to the timing of concentrate shipments.Operating margin:Operating margin was 32.0%,and comparable operating margin(non-GAAP)was 31.9%.Operating margin performance included items impacting comparability and currency headwinds.Comparable operating margin(non-GAAP)expansion

6、was driven by organic revenue(non-GAAP)growth and effective cost management,partially offset by an increase in marketing investments and currency headwinds.Earnings per share:EPS grew 30%to$0.86 and included the impact of a 4-point currency headwind.Comparable EPS(non-GAAP)grew 6%to$0.82 and include

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