Coca-Cola Consolidated Inc Stock Price, News & Analysis

Coca-Cola Consolidated reported a strong first quarter of 2022 with net sales rising by 11% to $1.40 billion, compared to $1.27 billion in Q1 2021. Gross profit grew 13% to $508 million, and income from operations surged 39% to $131 million. Despite a slight decline in physical case volume by 0.6%, sparkling beverage sales rose 11.7%, driven by effective pricing strategies. The company invested $60 million in a production facility and $30 million in BODYARMOR distribution rights, positioning itself for future growth amidst supply chain challenges.

Coca-Cola Consolidated (NASDAQ: COKE) will release its financial results for Q1 ended April 1, 2022, on May 3, 2022, post-market. As the largest Coca-Cola bottler in the U.S., the company serves approximately 60 million consumers across 14 states and D.C. Coca-Cola Consolidated is dedicated to its purpose of serving others and growing profitably, operating over 300 brands and flavors. For more details, visit www.cokeconsolidated.com.

Coca-Cola Consolidated has declared a $0.25 per share dividend for the second quarter of 2022 on its Common and Class B Common Stock. This dividend will be payable on May 12, 2022, to shareholders who are on record by April 28, 2022. As the largest Coca-Cola bottler in the U.S., the company continues to serve a wide consumer base across multiple states. The announcement reflects the company's ongoing commitment to returning value to shareholders while maintaining a robust beverage portfolio.

Coca-Cola Consolidated reported a 10% increase in net sales for Q4 2021, totaling $1.40 billion, with 15% growth on a comparable basis. For the full fiscal year, net sales reached $5.56 billion, an 11% rise, while income from operations surged by 40% to $439 million. However, physical case volume declined by 1.7% in Q4 but increased by 2.0% for the year. The gross margin fell to 35.1%, affected by higher sales of lower-margin Still beverages. Despite challenges including supply chain disruptions and inflation, the company remains optimistic for 2022.

Coca-Cola Consolidated (COKE) will announce its fourth quarter and fiscal year financial results after market close on February 22, 2022. The company is the largest Coca-Cola bottler in the U.S., serving over 60 million consumers across 14 states and D.C. Coca-Cola Consolidated has been operational for over 119 years and remains committed to its purpose of serving consumers and communities while pursuing profitable growth.

Coca-Cola Consolidated (NASDAQ: COKE) has declared a first-quarter dividend of $0.25 per share on its Common and Class B Common Stock.
This dividend will be payable on February 11, 2022 to shareholders on record as of January 28, 2022. The company, headquartered in Charlotte, N.C., is the largest Coca-Cola bottler in the U.S., serving over 66 million consumers across 14 states and the District of Columbia.

Coca-Cola Consolidated reported a 10% increase in net sales to $1.46 billion for Q3 2021, driven by pricing strategies amid rising input costs. Gross profit rose by $45 million to $518 million, with income from operations increasing significantly by 60% to $352 million for the first nine months. Despite a slight decrease in physical case volume, beverage sales grew across key categories. However, ongoing supply chain challenges and rising commodity costs pose risks for future growth. The company remains optimistic about maintaining momentum moving into 2022.

Coca-Cola Consolidated (NASDAQ: COKE) announced it will release its financial results for Q3 2021 after market close on November 9, 2021. The report will cover the quarter ended October 1, 2021, and the first nine months of fiscal 2021. As the largest Coca-Cola bottler in the U.S., the company emphasizes a commitment to honoring God, serving others, and achieving profitable growth. In its 119 years of operation, Coca-Cola Consolidated continues to serve over 66 million consumers across 14 states and the District of Columbia.

Coca-Cola Consolidated announced a fourth-quarter dividend of $0.25 per share on its Common and Class B Common Stock. This dividend will be paid on November 5, 2021, to shareholders on record by October 22, 2021. As the largest Coca-Cola bottler in the U.S., the company remains committed to serving over 66 million consumers with a broad range of beverages across 14 states and D.C.