KO

The consumer staples giants just had one of their best months in years as money rotated out of AI stocks.

Beverage company Coca-Cola (NYSE:KO) reported Q3 2026 results exceeding the market’s revenue expectations, with sales up 7.6% year on year to $13.35 billion. Its non-GAAP profit of $0.91 per share was 3.3% above analysts’ consensus estimates.

Visa Inc. and Coca-Cola Co. offered different signals on consumer conditions in their latest earnings calls, with Visa reporting resilient spending across consumer groups while Coca-Cola said value remains a consideration across markets and consumers.

Coca-Cola's latest quarter hit $13.4 billion, its highest in eight quarters, while Kraft Heinz remained stuck near $6 billion.

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Coca-Cola reported third quarter results that surpassed Wall Street’s expectations, with management attributing the gains to steady global volume growth and disciplined execution despite uneven market conditions.

Coca-Cola (NYSE:KO) joined 37 other large corporations in formally objecting to OKX-ICE listing tokenized versions of their shares.

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Coca-Cola's global distribution system and popular local brands position it to sell more drinks in emerging markets.