Coca-Cola Is Back to Growth. But Will It Last?

Coca-Cola Is Back to Growth. But Will It Last?
Jennifer Saibil, The Motley Fool
·3 min read

Coca-Cola (NYSE: KO) suffered through the pandemic as its takeaway category, which in a normal year accounts for half of total sales, plummeted. Coca-Cola was showing momentum before the pandemic, with a 16% sales increase in 2019's fourth quarter after years of slower growth. Coke maintained a strong balance sheet throughout the declines, continuing to pay a dividend.