Coca-Cola stock slides today after muted 2026 outlook and a BodyArmor write-down
Coca-Cola shares fell 2% to $76.37 after the company missed quarterly revenue estimates and issued a 2026 outlook seen as cautious by analysts. Fourth-quarter revenue reached $11.82 billion, below forecasts, while adjusted earnings per share beat expectations at 58 cents. Operating income dropped 32% after a $960 million BodyArmor trademark impairment. Coke projects 2026 organic revenue growth of 4%-5% and EPS growth of 7%-8%.
