Coke: No Longer the Real Thing

  • by:
  • 08/21/2022

Coke: No Longer the Real Thing (Bloomberg)

Back in April of 2013, Warren Buffett told those assembled at Coca-Cola Co.???s (KO) annual meeting that the company needed to guard against complacency. The company???s management would have been wise to listen closely to the Oracle of Omaha. The world???s largest soft-drink maker posted its fourth straight quarter of declining sales yesterday - the result of sluggish growth overseas and concerns about the product???s healthiness here at home. That situation sent the company???s stock to its biggest one-day decline in more than two years, closing yesterday at $38.93. Does this dip represent a buying opportunity or the start of a bad slide for The Real Thing?

Image:
ADVERTISEMENT

Opinion

View All

DOOMCOCK: 'Gamergate 2' is an attempt to stop the woke assassination of our childhood heroes

It’s open season on straight white males in Hollywood, in Silicon Valley, in literature and comics, i...

MONICA CROWLEY: Ronna McDaniel's firing shows the media are tyrannical lunatics

The sanctimonious performative outrage by prominent anchors Chuck Todd, Joy Reid, Rachel Maddow, Chri...

'White supremacy' trigger warnings slapped on Peter Pan and Alice in Wonderland by UK university

York St John University warned readers that the historical children's stories are likely to contain "...

'Girls' soccer team with FIVE trans players destroys team of actual girls 10-0 in Australia

Flying Batts FC won the pre-season Beryl Ackroyd Cup in Sydney, during which they won every game they...