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Gone Flat.

Authors :
Fisher, Daniel
Source :
Forbes; 10/15/2001, Vol. 168 Issue 10, p76-79, 4p, 2 Charts, 1 Graph
Publication Year :
2001

Abstract

This article focuses on the financial performance of Coca-Cola Co. The truth is that the company hasn't come up with a memorable advertising campaign or a new flavor in years. Ever since the death of the company's Chief Executive Roberto Goizueta in 1997, no one seems able to put life back into the 115-year-old company. The Atlanta, Georgia-based soft drink giant is trading at 6 times last year's revenue of $20.5 billion and 27 times estimated 2002 earnings of $1.78 a share. This year's joint venture of Coca-Cola with the firm Procter & Gamble was ill conceived.

Details

Language :
English
ISSN :
00156914
Volume :
168
Issue :
10
Database :
Complementary Index
Journal :
Forbes
Publication Type :
Periodical
Accession number :
5261617