Core Insights - Diageo plc reported a decline in pre-exceptional earnings per share by 8.6% year over year to 164.2 cents, primarily due to lower contributions from Moët Hennessy and adverse currency effects [1][8] - Net sales decreased by 0.1% year over year to $20.2 billion, impacted by unfavorable currency effects and adjustments from acquisitions and disposals, despite improved organic sales [2][8] Financial Performance - Organic net sales increased by 1.7% year over year, supported by a 0.9% growth in organic volume and a 0.8% improvement in price/mix [3] - The reported operating profit fell by 27.8% year over year to $4.3 billion, influenced by exceptional impairment and restructuring charges, unfavorable currency movements, and a contraction in organic operating margin [9] - Organic operating profit decreased by 0.7% year over year, with a reported operating margin contraction of 819 basis points [10] Regional Performance - Volume declined in North America and Europe due to a cautious consumer environment, while volume gains were observed in the Asia Pacific, Africa, and Latin America [4] - North America experienced positive price/mix contributions driven by tequila, particularly aged variants, while Europe saw growth from Guinness [5] Future Outlook - Diageo anticipates organic net sales for fiscal 2026 to be broadly in line with fiscal 2025, with growth expected to be weighted towards the second half of the fiscal year [13] - The company forecasts mid-single-digit growth in organic operating profit for fiscal 2026, primarily driven by cost savings under its Accelerate Program [14] - Capital expenditures are projected to be between $1.2 billion and $1.3 billion, with free cash flow expected to reach $3 billion [15]

Financial Performance - Second quarter revenue reached $1,102,577, reflecting a 30% increase year over year from $845,321 in Q2 2024 [2][6] - Taxable income for Q2 2025 was $153,056, a significant increase of $112,684 compared to $40,372 in Q2 2024, marking a near fourfold rise [2][6] - Gross profit rose to $472,887, up from $342,483 in the prior year, with gross margin improving to 43% from 40% [6] - Revenue for the first six months of 2025 totaled $1,920,325, a 29% increase from $1,485,975 in the same period last year [2][6] - Taxable income for the first half reached $241,435, compared to $75,978 in the prior-year period [2][6] - Trailing twelve-month revenue was $3,681,266, representing a 38% increase from $2,670,134 year-over-year [6] Share Repurchase Program - During Q2 2025, the company repurchased 150,000 shares, bringing total repurchases to 1,868,934 shares [5] - The company plans to continue its share buyback program, aiming to purchase over 150,000 shares during Q3 2025 [8] - A 1-for-2 reverse stock split was approved, reducing authorized shares from 20,000,000 to 10,000,000, pending FINRA review [8] Market Trends - Increased shelf presence, new distribution points, and sustained demand across retail and digital channels contributed to revenue growth [6] - July 2025 revenue was $491,391, up 27% compared to the previous year, with strong orders reported for the first week of August [6]

Core Insights - Celsius Holdings, Inc. is expected to report a significant increase in its second-quarter 2025 revenues, with a Zacks Consensus Estimate of $645.5 million, reflecting a 60.6% growth year-over-year [1] - The earnings consensus for Celsius has remained stable at 23 cents per share, indicating a decline of 17.9% compared to the previous year's figure [1] Revenue Growth Factors - The company is leveraging the growing health and wellness trends through its "LIVE FIT" campaign, which aims to attract consumers beyond traditional fitness enthusiasts [3][10] - Celsius has diversified its product offerings, including Celsius Essentials and Hydration sticks, which have enhanced consumer engagement and brand relevance [4][10] - The international revenue estimate for Celsius is projected at $27.3 million, representing over 20% growth from the previous quarter [5][10] Cost and Profitability Concerns - Rising costs, particularly in selling, general, and administrative expenses, are anticipated to impact the company's profitability in the upcoming quarter [6] - Increased investments in global sales, marketing, and organizational infrastructure, along with a challenging macroeconomic environment, are potential concerns for the company [6] Earnings Prediction - The company's earnings model suggests a likelihood of an earnings beat, supported by a positive Earnings ESP of +0.10% and a Zacks Rank of 2 (Buy) [7]

Core Insights - PepsiCo, Inc. reported Q2 2025 earnings per share (EPS) of $2.12 and revenues of $22.73 billion, surpassing expectations despite facing volume pressures, particularly in North America [1][9] - The company is implementing strategic pricing and value-creation efforts to counter declining volumes, focusing on affordability and everyday low pricing to retain consumers [2] - PepsiCo's productivity strategy, leveraging AI and ERP upgrades, is expected to yield a 70% increase in productivity in the second half of 2025, primarily from Frito-Lay [3] Financial Performance - PepsiCo's Q2 2025 revenues of $22.73 billion were driven by pricing actions despite weaker volume trends [9] - The company trades at a forward price-to-earnings ratio of 16.88X, slightly below the industry average of 17.39X [10] - The Zacks Consensus Estimate indicates a year-over-year decline of 1.8% in 2025 earnings, with a projected growth of 5.2% in 2026 [11] Strategic Initiatives - The company is relaunching core brands like Lay's and Tostitos with cleaner labels and expanding its snacking portfolio to boost consumer engagement [4] - PepsiCo's focus on operational discipline and brand innovation aims to return to long-term growth amid a competitive landscape [4] Competitive Landscape - PepsiCo faces strong competition from Coca-Cola and Keurig Dr Pepper, both leveraging their unique strengths to capture market share [5] - Coca-Cola maintains its leadership through brand strength and global reach, while Keurig Dr Pepper benefits from a hybrid portfolio and strong at-home consumption trends [6][7]

Financial Data and Key Metrics Changes - The company reported revenue of €10.3 billion for H1 2025, an increase of 2.5% compared to the previous year [24] - Comparable volumes were marginally ahead, up 0.3%, despite challenges in Indonesia [24] - Operating profit increased by 7.2% to €1.4 billion, with an operating margin expansion of approximately 60 basis points to 13.5% [26] - Comparable diluted earnings per share rose by 3.1% on an FX neutral basis [26] - Comparable free cash flow generation was €425 million for H1, with a target of at least €1.7 billion for the full year [27] Business Line Data and Key Metrics Changes - The core NARTD category grew by more than 5% in the last twelve months, with significant contributions from Monster and other brands [8] - Monster volumes increased nearly 15%, driven by innovation and distribution gains [17] - Fanta Zero volumes grew by around 7%, and Sprite Zero by approximately 13% [18] - The away-from-home business saw a return to volume growth in Q2, supported by better weather and Easter timing [11] Market Data and Key Metrics Changes - The European market returned to volume growth in Q2, contributing positively to overall performance [24] - The Philippines market performed well despite strong comparables from the previous year, with a 10 basis point increase in overall value share [12] - Indonesia faced a weaker consumer backdrop, impacting group volumes by around 1% in Q2 [9] Company Strategy and Development Direction - The company is focused on driving profitable revenue growth while maintaining affordability and relevance for consumers [13] - A multiyear view on promotional and pricing strategies is emphasized to create sustainable value [12] - The company is investing heavily in technology and digital capabilities to enhance productivity and efficiency [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the midterm growth objectives, reaffirming full-year profit and cash guidance [40] - The company anticipates volume growth for the full year, particularly in Europe and APS, despite challenges in Indonesia [30] - Management acknowledged the competitive landscape but remains focused on sustainable value creation [70] Other Important Information - The company completed around €460 million in share buybacks and maintained a dividend payout policy of around 50% [7] - The launch of new campaigns, such as "This Is My Taste" for Diet Coke, is expected to drive consumer engagement [32] - The company is transitioning to a partner distributor model in Indonesia to enhance distribution efficiency [37] Q&A Session Summary Question: Guidance on top line and bottom line growth - Management noted that despite a slight change in revenue guidance, they expect acceleration in the second half driven by volume growth and pricing strategies [44][46] Question: Performance in Europe and away-from-home growth - Management highlighted strong performance in Europe, particularly due to favorable weather and increased consumer engagement in away-from-home settings [52][54] Question: Medium-term growth outlook considering Indonesia - Management indicated that while Indonesia presents challenges, it is a small part of the overall business, and they remain optimistic about long-term opportunities [90] Question: Update on COGS and hedging for 2026 - The company is well-hedged for 2025 and has around 60% hedging in place for 2026, with expectations of flat commodity prices [94] Question: Australian margin turnaround - Management expressed confidence in the Australian business's margin recovery, emphasizing ongoing structural changes and efficiency improvements [99]

Financial Data and Key Metrics Changes - The company reported revenue of €10.3 billion for H1 2025, an increase of 2.5% compared to the previous year [23] - Comparable volumes were marginally ahead, up 0.3%, despite challenges in Indonesia [23] - Operating profit increased by 7.2% to €1.4 billion, with an operating margin expansion of 60 basis points to 13.5% [25] - Comparable diluted earnings per share rose by 3.1% to €2, reflecting a higher effective tax rate of 26% [25] Business Line Data and Key Metrics Changes - The core NARTD category grew by more than 5% in the last twelve months, with significant contributions from Monster and other brands [7] - Operating profit growth of 7.2% was driven by strong top-line performance and efficiency programs [13] - The energy category, particularly Monster, saw volumes increase nearly 15%, with retail value share growing by around 140 basis points [16] Market Data and Key Metrics Changes - European markets returned to volume growth in Q2, supported by favorable weather and the Easter holiday [11] - The Philippines market performed well despite strong comparables from the previous year, with overall value share growing by 10 basis points [12] - Indonesia's weaker consumer backdrop impacted total first half volumes, contributing to a 1% decline in group volumes [11] Company Strategy and Development Direction - The company is focused on driving profitable revenue growth while maintaining affordability and relevance for consumers [13] - A multiyear view on promotional and pricing strategies is emphasized to create sustainable value [12] - The company is investing in technology and digital capabilities to enhance productivity and drive future growth [10] Management's Comments on Operating Environment and Future Outlook - Management reaffirmed full-year profit and cash guidance, indicating a revenue growth range of 3% to 4% for the year [8] - The company remains optimistic about long-term opportunities in Indonesia despite current challenges [37] - Management highlighted the importance of digital transformation and technology investments to unlock value [39] Other Important Information - The company completed around €460 million in share buybacks and maintained a dividend payout policy of approximately 50% [6] - The return of the "Share a Coke" campaign was well received, contributing positively to brand performance [15] - The company is recognized for its sustainability efforts, retaining inclusion on CDP's A List for Climate for nine consecutive years [21] Q&A Session Summary Question: Guidance on top line and bottom line growth - Management indicated that despite a slight change in revenue guidance, they expect acceleration in the second half driven by volume growth and pricing strategies [45][46] Question: Performance in Europe and away from home growth - Management noted strong performance in Europe due to favorable weather and increased consumer engagement, with a focus on cooler placements and promotional activities [52][55] Question: Competitiveness in the market - Management acknowledged ongoing competition but emphasized a commitment to sustainable value creation and effective pricing strategies [68][71] Question: Metrics for the "Share a Coke" campaign - Management tracks metrics such as shelf distribution and consumption rates to evaluate the success of the campaign, which has positively impacted volume and price mix [75][76] Question: Acceleration in away from home growth - Management highlighted the return of consumers to public spaces and the impact of weather on away from home sales, indicating a positive trend for the remainder of the year [80][86] Question: Medium-term growth outlook considering Indonesia - Management reiterated that while Indonesia presents challenges, it is not critical to achieving midterm growth objectives, as other markets can offset weaknesses [90][93] Question: Update on COGS and hedging - Management reported being over 90% hedged for 2025 and around 60% for 2026, with expectations of flat commodity prices [96][97] Question: Update on Australian margin turnaround - Management expressed optimism about the Australian business's margin recovery, supported by structural changes and efficiency improvements [101][102]

Winning today Creating tomorrow Results for the Six Months Ended 27 June 2025 6 August 2025 Forward looking statements This document contains statements, estimates or projections that constitute "forward-looking statements" concerning the financial condition, performance, results, guidance and outlook, dividends, consequences of mergers, acquisitions, joint ventures, divestitures, strategy and objectives of Coca-Cola Europacific Partners plc and its subsidiaries (together CCEP or the Group). Generally, the ...

At recent levels, Coca-Cola's stock price is appealing. Here's a great green flag for Coca-Cola: It's reasonably valued at recent levels, with a recent forward-looking price-to-earnings (P/E) ratio of 22.8 slightly below its five-year average of 23.3 and a price-to-sales ratio of 6.2 a smidge below its five-year average of 6.3. Why might you invest in it, especially if you're worried about the effect of tariffs and/or a possible recession? There are plenty of reasons to invest in Coca-Cola: So you're thinki ...

Coca-Cola (KO 0.07%), the world's largest beverage company, is often considered a safe stock to buy during bear markets. It's withstood wars, recessions, stock market crashes, and other economic shocks since its public debut in 1919, and raised dividends annually for 63 consecutive years. But it's not really known as a millionaire-making stock. Coca-Cola is a reliable evergreen stock, but can it deliver bigger gains? Coca-Cola only produces concentrates and syrups for its drinks, while its bottling partners ...

Diageo envisions supplying those looking for smaller bottles and beverages with little or no alcohol, interim CEO Manik Jhangiani said. https://t.co/Au9own8T1T ...