With the pandemic headwinds receding, Coca-Cola’s revenues are back with a bang. The company delivered a blowout quarter backed by significant away-from-home consumption on account of the resumption of foodservice and other on-the-go businesses. The company witnessed a staggering 42% jump in the top-line fueled by a 26% increase in the sales of its concentrate catering to outdoor consumption like foodservice, cinema halls, theatres, and other establishments. The company weathered the Covid-19 st ....
28 Jul 2021
Coca-Cola Co - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
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Coca-Cola Co - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
- Published:
28 Jul 2021 -
Author:
Ishan Majumdar -
Pages:
14
With the pandemic headwinds receding, Coca-Cola’s revenues are back with a bang. The company delivered a blowout quarter backed by significant away-from-home consumption on account of the resumption of foodservice and other on-the-go businesses. The company witnessed a staggering 42% jump in the top-line fueled by a 26% increase in the sales of its concentrate catering to outdoor consumption like foodservice, cinema halls, theatres, and other establishments. The company weathered the Covid-19 st ....