Coca-Cola released a strong earnings report this week.
The Atlanta-based company says it had a 47 percent spike in revenue for its second quarter. Revenue totaled $12.7 billion. On the strength of that news, Coke’s stock is at a 12-year high.
Doug Bowman, business marketing professor with Emory University, says most encouraging for Coca-Cola are its strong sales around the world, which are up 6 percent:
“The growth has largely been globally, and driven partly by distribution and from a margin perspective doing a good job of getting the right package size in the right place.”
Bowman says other major Georgia companies are primed for a surge when the economy improves —such as Delta, UPS, and Home Depot.