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Coca-Cola’s $4.9 billion acquisition of the coffee chain Costa—the largest brand acquisition in its history, announced in 2018 and finalized in January 2019—had a major hand in shaping its performance last year. The buy helped the 134-year-old soft drink company rocket 12 spots up the Fortune 500, gain an expanded retail footprint, grow to 23,600 employees, and bring in $37.2 billion in revenue—a 17% rise over 2018. But more recent news has been less upbeat. Consumer stockpiling of water and sports drinks ahead of the coronavirus lockdown hasn't outweighed the effects of pandemic-related movie theater and restaurant closures on Coca-Cola's sales and profits. The company withdrew its 2020 outlook in March.
Lists ranking Coca-Cola
Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list
World’s Most Admired Companies - 2021After a year in which humanity leaned more heavily...READ MOREview in list
Global 500 - 2020This year's Global 500 generated $33.3 trillion in...READ MOREview in list