Shares of Coca-Cola (NYSE:KO) are up about 6% midday Tuesday after the beverage giant posted a Q1 2026 earnings beat. The rally is pulling peers higher, with PepsiCo (NASDAQ:PEP) up 2% and Keurig Dr Pepper (NASDAQ:KDP) up 4%.

Walmart just expanded its beverage options with four new soft drinks. While you might be used to launches from Coca-Cola and Pepsi, this lineup comes straight from the retailer under the Great Value private label. Walmart's new sodas are available in Apple, Grapefruit, Lemon Lime, and Cola—all of which are sweetened with pure cane sugar.

In addition to scaling back on serving sizes, Coca-Cola has been making other changes as well — such as focusing more on milk, tea and low-sugar drinks to meet changing consumer desires. The company remains the top soda in the US in terms of sales, according to last month’s Beverage Digest sales report.

With gas prices spiking to a four-year high and consumer sentiment sinking to a historic low, Coca-Cola is making a play to win over budget-strapped shoppers. The $340 billion beverage giant—which has a portfolio that includes popular drinks such as Sprite,

Shares of Coke have risen just 6% over the last year, hurt by concerns about the broader economy.

Coca-Cola posted stronger-than-expected Q1 2026 results, with 10% organic revenue growth, 3% volume gains, and EPS up 18% year over year. Management raised its full-year comparable EPS growth forecast to 8–9%, citing a lower tax rate, while reaffirming 4 ...

Coca-Cola shares have fallen in recent months due to consumer fatigue from price increases and a shift to zero-sugar drinks.

Coca-Cola stock jumped 6% on Tuesday after the company beat Wall Street’s earnings expectations as consumers gravitated toward low-calorie drinks and mini cans. The beverage gia