Coca-Cola Consolidated Inc
COKE
ISIN US1910981026 / Valor 919395
Coca-Cola Consolidated Inc
UMushroom community rating:
About company
Coca-Cola Consolidated Inc. is the largest Coca-Cola bottler in the United States, operating in the Southeast, Midwest, and Mid-Atlantic regions with corporate offices in Charlotte, North Carolina. With a history spanning over a century, the company is dedicated to providing a wide range of beverages and services to consumers, customers, and communities. As a key player in the beverage industry, Coca-Cola Consolidated Inc. focuses on bottling and distributing various Coca-Cola products to meet the demands of its diverse customer base.
Summarized from source with an LLMView SourceSector: Consumer Non-CyclicalsLatest Results (07.08.2024):
Net Sales Growth
Coca-Cola Consolidated Inc's net sales for the second quarter of 2024 increased by 3% compared to the second quarter of 2023. This growth indicates a positive trend in the company's revenue generation over the past year.
Gross Profit Increase
In the second quarter of 2024, Coca-Cola Consolidated Inc reported a gross profit of $717 million, which is a 7% increase from the second quarter of 2023. This rise in gross profit reflects improved operational efficiency and cost management.
Gross Margin Improvement
Coca-Cola Consolidated Inc's gross margin for the second quarter of 2024 improved by 130 basis points to 39.9%. This improvement in gross margin suggests better profitability and cost control measures implemented by the company.
Income from Operations
For the first quarter of 2024, Coca-Cola Consolidated Inc reported an income from operations of $215 million, which is an increase of $9 million or 5% compared to the first quarter of 2023. The operating margin also improved to 13.5% from 13.1% in the same period last year.
Fourth Quarter Performance
In the fourth quarter of 2023, Coca-Cola Consolidated Inc's net sales increased by 4% compared to the fourth quarter of 2022. The gross profit for this period was $641 million, marking a 7% increase from the previous year, and the gross margin improved by 120 basis points to 39.3%.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
9665 M
Market cap (USD)
10,670
Daily traded volume (Shares)
1252.51 / 1236.22
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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