Reported 8 months ago
In an article from Business Weekly on June 18, 2024, it discusses the success story of Coca-Cola, how it became an unparalleled brand and company worldwide, starting from pharmacist John Stith Pemberton's concoction of sugar, water, caffeine, and coca extract mix in 1886. The history of Coca-Cola includes pivotal moments such as the removal of cocaine from the formula in 1905, the introduction of the unique contoured bottle in 1916, and its global expansion in the 1940s. With a focus on CEOs like Roberto C. Goizueta, who transformed the company's profitability and brand dominance, and subsequent leaders who steered the company back on track after missteps, the article showcases Coca-Cola as a solid long-term investment admired by Warren Buffett and his son Howard.
Source: YAHOO