UPS lifts full-year outlook as revenue grows across all segments

Third-quarter earnings reports from Coca-Cola, Royal Caribbean, Sherwin-Williams, and UPS indicate resilient U.S. consumer spending despite inflation. Coca-Cola raised its full-year forecast, expecting at least 11% EPS growth. Royal Caribbean saw a 9% increase in guests served and high 2027 booking volumes. Sherwin-Williams reported 7.9% net sales growth but missed EPS estimates. UPS beat expectations and raised its full-year revenue forecast to $92.6 billion.

UPS raised its full-year revenue guidance to $92.6B, up 4.4% YoY, driven by higher pricing despite lower package volumes. Q3 revenue rose 6.7% to $22.9B, beating estimates. UPS plans a 5.9% rate hike in 2027, matching past increases. International revenue grew 7.1%, while domestic revenue increased 4.5%. The company expects 5% revenue growth in Q4.

UPS CEO Carol Tome sees a $15 billion annual revenue opportunity from the AI data center boom, which is driving global data center spending to an estimated $1 trillion by 2026. UPS aims to boost profits by handling premium shipments, including critical components for data centers. The company recently raised its annual revenue and profit forecasts following better-than-expected Q3 earnings.

Whirlpool reports weak consumer demand for appliances, expecting a 5% decline in demand. Royal Caribbean sees record cruise bookings at higher prices. Hilton notes booming business travel, while UPS reports strong growth in high-tech shipments. UPS CEO highlights a 'K curve' economy, with asset owners spending while others struggle. Whirlpool and UPS are raising prices due to cost pressures, while Royal Caribbean's price increases are demand-driven.

Several companies reported third-quarter earnings, highlighting 'resilient' U.S. consumer spending despite inflation. Coca-Cola (KO) beat expectations, raising its full-year forecast. Royal Caribbean (RCL) saw increased bookings, while Sherwin-Williams (SHW) reported sales growth. UPS (UPS) exceeded estimates, raising its revenue outlook. Whirlpool (WHR) missed expectations and cut guidance. Retail sales rose 0.8% in September, driven by gas station spending.

United Parcel Service (UPS) reported Q3 2026 earnings, highlighting a strategic shift toward high-value 'premium' volume, driving a 60 basis point margin expansion. The company raised its full-year 2026 guidance to $92.6 billion in revenue and $8.75 billion in operating profit. UPS also announced a 25% sequential volume surge expected for the peak holiday season, with 80% driven by large customers.