Welcome to our dedicated page for Coca-Cola Consolidated news (Ticker: COKE), a resource for investors and traders seeking the latest updates and insights on Coca-Cola Consolidated stock.
Coca-Cola Consolidated, Inc. reports developments for a Nasdaq-listed beverage bottler that manufactures, markets and distributes nonalcoholic beverages within the Coca-Cola system. Its portfolio includes sparkling beverages led by Coca-Cola and still products such as bottled water, ready-to-drink tea and coffee, enhanced water, juices, sports drinks and energy products.
Recurring announcements cover quarterly and annual operating results, beverage volume, net sales, gross profit, operating income, margins and pricing or commodity-cost context. Company updates also include dividends on Common Stock and Class B Common Stock, share repurchases, manufacturing-capacity investments and governance changes tied to its ownership and board structure.
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.
Coca-Cola Consolidated reported a robust second quarter for 2021, with net sales rising by 17% to $1.43 billion, driven by a 5.9% increase in physical case volume. Income from operations soared 45% to $120.9 million. Despite challenges like rising commodity costs and labor shortages, cash flow improved, allowing debt reduction of $162 million. The company noted strong growth in Still beverages, primarily BodyArmor and AHA, while fountain syrup sales jumped 92.4%. However, gross margin declined slightly to 34.5%. Overall, the outlook remains optimistic as price increases are planned to offset rising costs.
Coca-Cola Consolidated (NASDAQ: COKE) plans to release its financial results for Q2 2021 after market close on August 10, 2021. The report will cover the second quarter ending July 2, 2021, and the first half of fiscal 2021. Coca-Cola Consolidated is the largest Coca-Cola bottler in the U.S., servicing over 66 million consumers across 14 states and D.C. for over 119 years. The company focuses on a broad beverage portfolio, emphasizing its commitment to consumers and communities.
Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has declared a dividend of $0.25 per share for the third quarter of 2021. This dividend will be payable on August 6, 2021 to shareholders on record as of the close of business on July 23, 2021. Coca-Cola Consolidated is the largest bottler of Coca-Cola products in the United States and has a history of serving over 66 million consumers across 14 states.