Sparkling soft drinks (Trademark Coca-Cola, Coke Zero Sugar, Diet Coke)
Q2 2026 sparkling soft drink volume grew 4%, led by Coca-Cola Zero Sugar at +16%.
The numbers
What it is
The core business: the Trademark Coca-Cola brand, its zero-sugar and diet versions, and sparkling flavors. Sparkling soft drinks are the company's largest category by volume.↗ source
Why it matters to the stock. Sparkling volume is the headline number on each quarterly call. Zero-sugar growth is the clearest sign that the portfolio is shifting away from full-sugar cola.
News
Coca-Cola lines up January 2027 Core Power Banana and POWERADE zero-sugar launches
Coca-Cola's 2027 lineup includes Core Power Banana in January 2027, in 26 gram and 42 gram protein versions, its first new flavor in almost a decade.
Coca-Cola now expects Africa bottling sale to close late in Q3 or in Q4 2026
Coca-Cola's outlook assumes the pending sale of its African bottling operations closes toward the end of the third quarter or during the fourth quarter of 2026, subject to regulatory approvals.
Coca-Cola Q1 2026 revenue rises 12% and comparable EPS guidance is raised to 8% to 9%
Coca-Cola reported first-quarter 2026 net revenues of $12.5 billion, up 12%, with 10% organic growth and 3% unit case volume growth.