Coca-Cola (KO): Fairlife & Simply Lemonade Driving Growth

Coca-Cola (KO) stock price is down around 4% year-to-date. How will a weakening global economy, inflationary pressures, and currency headwinds impact Coca-Cola? And is the recent PepsiCo (PEP) earnings report indicative of Cola-Cola numbers? “Coca-Cola (KO) purchase intent social media mentions are higher than Pepsi, but consumer happiness is slightly lower year-over-year. Brands like Fairlife, Simply Lemonade, Simply Apple, Fresca, BODYARMOR, and Honest Kids are driving Cola-Cola growth. However, mentions of Powerade, Simply Orange, Topo Chico, Aha, and Dasani are down year-over-year. The KO stock could be seen as a defensive play,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh on the upcoming Coca-Cola earnings.