Coca-Cola Delivered Double-Digit Revenue Growth in Q4: Price Increases Played a Major Role
Last Thursday, Coca-Cola (NYSE: KO) put a lid on 2021 with the release of its fourth-quarter results. Back in 2020, at the onset of the pandemic, the iconic beverage seller struggled as folks spent more time at home -- and vast numbers of venues where people commonly drink soda were closed.
Now that consumer mobility is increasing again and people are visiting restaurants, movie theaters, and convenience stores more often, Coca-Cola is experiencing a tailwind. The company has a larger share of the market in away-from-home channels.
Image source: Getty Images.
Source Fool.com
