Coca-Cola Is Back to Growth. But Will It Last?
Coca-Cola (NYSE: KO) suffered through the pandemic as its takeaway category, which in a normal year accounts for half of total sales, plummeted.
But after four quarters of sales declines, revenue turned positive in the first quarter of 2021 (ended April 2). Lockdowns have mostly ended, and people are cautiously getting out again. The pandemic exposed some gaps in the company's model, and it restructured accordingly. Can Coca-Cola keep up the gains?
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Source Fool.com
