<\/p>\n
Follow<\/span><\/span><\/span><\/button><\/div>\n<\/p>\n\n<\/svg><\/span><\/span>Play Earnings Call<\/span><\/span><\/button><\/svg><\/span><\/span>Play Earnings Call<\/span><\/span><\/button><\/div>\n<\/div>\n\n\n\n\n\nThe Coca-Cola Company (KO<\/span>) Q1 2026 Earnings Call April 28, 2026 8:30 AM EDT<\/p>\n<\/div>\n\nCompany Participants<\/strong><\/p>\nTodd Beiger – VP & Head of Investor Relations<\/span>Henrique Braun – Chief Executive Officer<\/span>John Murphy – President & CFO<\/span><\/p>\n<\/p><\/div>\n\nConference Call Participants<\/strong><\/p>\nDara Mohsenian – Morgan Stanley, Research Division<\/span>Stephen Robert Powers – Deutsche Bank AG, Research Division<\/span>Lauren Lieberman – Barclays Bank PLC, Research Division<\/span>Christopher Carey – Wells Fargo Securities, LLC, Research Division<\/span>Robert Ottenstein – Evercore ISI Institutional Equities, Research Division<\/span>Bonnie Herzog – Goldman Sachs Group, Inc., Research Division<\/span>Andrea Teixeira – JPMorgan Chase & Co, Research Division<\/span>Filippo Falorni – Citigroup Inc., Research Division<\/span>Peter Galbo – BofA Securities, Research Division<\/span>Michael Lavery – Piper Sandler & Co., Research Division<\/span>Kaumil Gajrawala – Jefferies LLC, Research Division<\/span>Carlos Alberto Laboy – HSBC Global Investment Research<\/span>Robert Moskow – TD Cowen, Research Division<\/span><\/p>\n<\/p><\/div>\n\nPresentation<\/strong><\/p>\n\nOperator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
<\/p>\n\n<\/svg><\/span><\/span>Play Earnings Call<\/span><\/span><\/button><\/svg><\/span><\/span>Play Earnings Call<\/span><\/span><\/button><\/div>\n<\/div>\n\n\n\n\n\nThe Coca-Cola Company (KO<\/span>) Q1 2026 Earnings Call April 28, 2026 8:30 AM EDT<\/p>\n<\/div>\n\nCompany Participants<\/strong><\/p>\nTodd Beiger – VP & Head of Investor Relations<\/span>Henrique Braun – Chief Executive Officer<\/span>John Murphy – President & CFO<\/span><\/p>\n<\/p><\/div>\n\nConference Call Participants<\/strong><\/p>\nDara Mohsenian – Morgan Stanley, Research Division<\/span>Stephen Robert Powers – Deutsche Bank AG, Research Division<\/span>Lauren Lieberman – Barclays Bank PLC, Research Division<\/span>Christopher Carey – Wells Fargo Securities, LLC, Research Division<\/span>Robert Ottenstein – Evercore ISI Institutional Equities, Research Division<\/span>Bonnie Herzog – Goldman Sachs Group, Inc., Research Division<\/span>Andrea Teixeira – JPMorgan Chase & Co, Research Division<\/span>Filippo Falorni – Citigroup Inc., Research Division<\/span>Peter Galbo – BofA Securities, Research Division<\/span>Michael Lavery – Piper Sandler & Co., Research Division<\/span>Kaumil Gajrawala – Jefferies LLC, Research Division<\/span>Carlos Alberto Laboy – HSBC Global Investment Research<\/span>Robert Moskow – TD Cowen, Research Division<\/span><\/p>\n<\/p><\/div>\n\nPresentation<\/strong><\/p>\n\nOperator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
The Coca-Cola Company (KO<\/span>) Q1 2026 Earnings Call April 28, 2026 8:30 AM EDT<\/p>\n<\/div>\n\nCompany Participants<\/strong><\/p>\nTodd Beiger – VP & Head of Investor Relations<\/span>Henrique Braun – Chief Executive Officer<\/span>John Murphy – President & CFO<\/span><\/p>\n<\/p><\/div>\n\nConference Call Participants<\/strong><\/p>\nDara Mohsenian – Morgan Stanley, Research Division<\/span>Stephen Robert Powers – Deutsche Bank AG, Research Division<\/span>Lauren Lieberman – Barclays Bank PLC, Research Division<\/span>Christopher Carey – Wells Fargo Securities, LLC, Research Division<\/span>Robert Ottenstein – Evercore ISI Institutional Equities, Research Division<\/span>Bonnie Herzog – Goldman Sachs Group, Inc., Research Division<\/span>Andrea Teixeira – JPMorgan Chase & Co, Research Division<\/span>Filippo Falorni – Citigroup Inc., Research Division<\/span>Peter Galbo – BofA Securities, Research Division<\/span>Michael Lavery – Piper Sandler & Co., Research Division<\/span>Kaumil Gajrawala – Jefferies LLC, Research Division<\/span>Carlos Alberto Laboy – HSBC Global Investment Research<\/span>Robert Moskow – TD Cowen, Research Division<\/span><\/p>\n<\/p><\/div>\n\nPresentation<\/strong><\/p>\n\nOperator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Company Participants<\/strong><\/p>\nTodd Beiger – VP & Head of Investor Relations<\/span>Henrique Braun – Chief Executive Officer<\/span>John Murphy – President & CFO<\/span><\/p>\n<\/p><\/div>\n\nConference Call Participants<\/strong><\/p>\nDara Mohsenian – Morgan Stanley, Research Division<\/span>Stephen Robert Powers – Deutsche Bank AG, Research Division<\/span>Lauren Lieberman – Barclays Bank PLC, Research Division<\/span>Christopher Carey – Wells Fargo Securities, LLC, Research Division<\/span>Robert Ottenstein – Evercore ISI Institutional Equities, Research Division<\/span>Bonnie Herzog – Goldman Sachs Group, Inc., Research Division<\/span>Andrea Teixeira – JPMorgan Chase & Co, Research Division<\/span>Filippo Falorni – Citigroup Inc., Research Division<\/span>Peter Galbo – BofA Securities, Research Division<\/span>Michael Lavery – Piper Sandler & Co., Research Division<\/span>Kaumil Gajrawala – Jefferies LLC, Research Division<\/span>Carlos Alberto Laboy – HSBC Global Investment Research<\/span>Robert Moskow – TD Cowen, Research Division<\/span><\/p>\n<\/p><\/div>\n\nPresentation<\/strong><\/p>\n\nOperator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Todd Beiger – VP & Head of Investor Relations<\/span>Henrique Braun – Chief Executive Officer<\/span>John Murphy – President & CFO<\/span><\/p>\n<\/p><\/div>\n\nConference Call Participants<\/strong><\/p>\nDara Mohsenian – Morgan Stanley, Research Division<\/span>Stephen Robert Powers – Deutsche Bank AG, Research Division<\/span>Lauren Lieberman – Barclays Bank PLC, Research Division<\/span>Christopher Carey – Wells Fargo Securities, LLC, Research Division<\/span>Robert Ottenstein – Evercore ISI Institutional Equities, Research Division<\/span>Bonnie Herzog – Goldman Sachs Group, Inc., Research Division<\/span>Andrea Teixeira – JPMorgan Chase & Co, Research Division<\/span>Filippo Falorni – Citigroup Inc., Research Division<\/span>Peter Galbo – BofA Securities, Research Division<\/span>Michael Lavery – Piper Sandler & Co., Research Division<\/span>Kaumil Gajrawala – Jefferies LLC, Research Division<\/span>Carlos Alberto Laboy – HSBC Global Investment Research<\/span>Robert Moskow – TD Cowen, Research Division<\/span><\/p>\n<\/p><\/div>\n\nPresentation<\/strong><\/p>\n\nOperator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Conference Call Participants<\/strong><\/p>\nDara Mohsenian – Morgan Stanley, Research Division<\/span>Stephen Robert Powers – Deutsche Bank AG, Research Division<\/span>Lauren Lieberman – Barclays Bank PLC, Research Division<\/span>Christopher Carey – Wells Fargo Securities, LLC, Research Division<\/span>Robert Ottenstein – Evercore ISI Institutional Equities, Research Division<\/span>Bonnie Herzog – Goldman Sachs Group, Inc., Research Division<\/span>Andrea Teixeira – JPMorgan Chase & Co, Research Division<\/span>Filippo Falorni – Citigroup Inc., Research Division<\/span>Peter Galbo – BofA Securities, Research Division<\/span>Michael Lavery – Piper Sandler & Co., Research Division<\/span>Kaumil Gajrawala – Jefferies LLC, Research Division<\/span>Carlos Alberto Laboy – HSBC Global Investment Research<\/span>Robert Moskow – TD Cowen, Research Division<\/span><\/p>\n<\/p><\/div>\n\nPresentation<\/strong><\/p>\n\nOperator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Dara Mohsenian – Morgan Stanley, Research Division<\/span>Stephen Robert Powers – Deutsche Bank AG, Research Division<\/span>Lauren Lieberman – Barclays Bank PLC, Research Division<\/span>Christopher Carey – Wells Fargo Securities, LLC, Research Division<\/span>Robert Ottenstein – Evercore ISI Institutional Equities, Research Division<\/span>Bonnie Herzog – Goldman Sachs Group, Inc., Research Division<\/span>Andrea Teixeira – JPMorgan Chase & Co, Research Division<\/span>Filippo Falorni – Citigroup Inc., Research Division<\/span>Peter Galbo – BofA Securities, Research Division<\/span>Michael Lavery – Piper Sandler & Co., Research Division<\/span>Kaumil Gajrawala – Jefferies LLC, Research Division<\/span>Carlos Alberto Laboy – HSBC Global Investment Research<\/span>Robert Moskow – TD Cowen, Research Division<\/span><\/p>\n<\/p><\/div>\n\nPresentation<\/strong><\/p>\n\nOperator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Presentation<\/strong><\/p>\n\nOperator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Operator<\/strong><\/span><\/p>\nAt this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n\nTodd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
At this time, I’d like to welcome everyone to The Coca-Cola Company’s First Quarter 2026 Earnings Results Conference Call. Today’s call is being recorded. If you have any objections, please disconnect at this time. [Operator Instructions] I’d like to remind everyone that the purpose of this conference is to talk with investors, and therefore, questions from the media will not be addressed. Media participants should contact Coca-Cola’s Media Relations department if they have any questions. I would now like to introduce Todd Beiger, Vice President and Head of Investor Relations. Mr. Beiger, you may now begin.<\/p>\n<\/p><\/div>\n
Todd Beiger<\/strong><\/span>VP & Head of Investor Relations<\/i><\/span><\/p>\nGood morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Good morning, and thank you for joining us. I’m here with Henrique Braun, our Chief Executive Officer; and John Murphy, our President and Chief Financial Officer. We’ve posted schedules under Financial Information in the Investors section of our company website. These reconcile certain non-GAAP financial measures that may be referred to this morning to the results as reported under generally accepted accounting principles. You can also find schedules in<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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