# Coca-Cola bucked the trend of consumer goods companies warning of a hit to their annual profits from the fallout of ‌the Iran war.

*business · news · 2026-04-28 · Reuters*

## Key points

- Coca-Cola raised its annual earnings target despite most consumer goods firms warning of profit hits.
- Coca-Cola locked in some lower commodity prices before the recent Middle East-related disruptions.
- A shortage of aluminum cans in India delayed Diet Coke supply, expected to resolve in weeks.
- First-quarter volume growth of 3% outpaced price increases of 2% across all geographical segments.
- Coca-Cola now expects annual EPS growth of 8% to 9%, up from prior 7% to 8% guidance.

**Companies:** Coca-Cola
**Countries:** United States, India

[Read the full story on Reuters](https://www.reuters.com/business/coca-cola-raises-annual-adjusted-profit-forecast-2026-04-28/)

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