Is Coca-Cola Co a Buy After Its Latest Earnings Report?
Coca-Cola just delivered a blockbuster quarter with 6% organic revenue growth.
Overview
Coca-Cola (NYSE: KO) just did it again.
The beverage giant blew past estimates in its second-quarter earnings report, showing why it’s been one of the most reliable stocks on the market for a century.
Details
Organic revenue jumped 6% as the company benefited from volume growth, a successful marketing push that included a World Cup sponsorship, strategic pricing, and a 16% volume surge in Coca-Cola Zero Sugar, which seemed to benefit from increased adoption of GLP-1s.
Source
Originally published at www.fool.com.
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