secwatch.observer — SEC 8-K summary
======================================

Issuer:     COCA COLA CO (KO)
CIK:        0000021344
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0000021344-25-000024
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coca-Cola Q1 revenue down 2% to $11.1B; EPS up 5% to $0.77; organic revenue up 6%
--------------------------------------------------------------------------------

- Net revenues $11.1B (-2%), driven by currency and refranchising; organic revenues +6% on price/mix +5% and concentrate +1%.
- GAAP EPS $0.77 (+5%), comparable EPS $0.73 (+1%) both facing currency headwinds of 9 pts and 5 pts respectively.
- Operating margin 32.9% vs 18.9% prior year; comparable operating margin 33.8% vs 32.4% prior year.
- Free cash flow negative $5.5B due to $6.1B fairlife contingent consideration payment; excluding that, free cash flow $558M.
- Unit case volume +2% globally; value share gained in total NARTD beverages.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21344/000002134425000024/0000021344-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21344/000002134425000024/ko-20250429.htm
  HTML page:      https://secwatch.observer/filing/0000021344-25-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer