Coca-Cola (NYSE:KO)’s shares delivered strong returns in the first half of 2019 as consumer stocks were stronger and both companies reported solid results. We think new management is doing an excellent job of improving results and expect the company to deliver solid growth going forward.
From Yacktman Asset Management (Trades, Portfolio)'s Yacktman Fund (Trades, Portfolio) second-quarter 2019 shareholder letter.
