Coca-Cola reported quarterly earnings and revenue above Wall Street expectations, helped by stronger demand for its drinks. The results signaled that consumer demand remained supportive for the beverage giant during the latest reporting period.

Alongside the earnings beat, Coca-Cola lifted its full-year outlook. The updated forecast suggests the company expects momentum in demand to continue, giving investors a more upbeat view of the rest of the year.

The market has already rewarded the stock. According to the report, Coca-Cola shares have climbed 19% this year, outperforming the broader S&P 500. That move reflects investor confidence in the company’s ability to deliver steady growth even in a closely watched consumer environment.

The combination of better-than-expected quarterly results and a higher annual forecast puts Coca-Cola in a stronger position among major consumer brands. For now, rising demand for its drinks appears to be the key driver behind both its latest performance and its improved outlook.