Is Buffett's Beverage Giant Still a Sweet Investment? Coca-Cola Beats Estimates and Deems Tariffs "Manageable"

Who's afraid of punitive tariffs?Not Coca-Cola (KO 0.53%), it seems. The beverage titan -- and, by the way, longtime stock holding of Warren Buffett's influential Berkshire Hathaway -- just posted first-quarter results and stated the current trade war will have a negligible effect on its business. Let's take a glance at the quarter and dig into whether its shrug at the tariffs is justifiable.Flat CokeCoca-Cola popped the tab on its Q1 results Tuesday morning, revealing that it earned net revenue of $11.1 bi ...