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Can Coca-Cola Grow Again in 2021?

TheMotleyFool 
0 0 16.02.21
Can Coca-Cola Grow Again in 2021?Photo, wide shot, wide-angle lens, Home decor store, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/1f534af1-8f1f-47f4-aa9f-66269ecafb79.png
 

Coca-Cola (NYSE: KO) just closed the books on a rough fiscal 2020 that included rare declines in sales volume, earnings, and cash flow. The beverage titan also lost market share in a year characterized by sharply reduced consumer mobility. Its focus on away-from-home drink sales was a liability during the pandemic compared to more diversified companies like PepsiCo (NASDAQ: PEP).  

But Coke still boosted profitability in that tough selling environment. It ended its market share slide in the fourth quarter, too, which points to a brighter 2021 ahead.

Let's take a closer look.

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Source Fool.com

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