3 Trends Behind Coca-Cola's Surprisingly Strong Earnings Report
Coca-Cola (NYSE: KO) released its fourth-quarter 2019 earnings on Thursday before the markets opened for trading, handing investors evidence of vigorous top-line expansion, healthy net earnings, and ample cash flow. The world's largest beverage company was able to gain market share in sparkling beverages while also enjoying admirable pricing power. Below, we'll walk through key details from the quarter and home in on three trends that are undergirding the multinational's recent progress. Note that all comparable numbers that follow refer to those of the prior-year quarter.
Data source: Coca-Cola.
Image source: Getty Images.
Source Fool.com
