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Coca-Cola Consolidated, Inc. - COKE STOCK NEWS

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. (NASDAQ: COKE) is the largest independent Coca-Cola bottler in the United States. Founded in 1902 by J.B. Harrison in Greensboro, North Carolina, the company has grown into a family-operated business with a rich history. Today, it operates under the leadership of J. Frank Harrison, III, the great-grandson of the founder, who became CEO in 1997.

Coca-Cola Consolidated not only makes but also sells and distributes over 250 brands and flavors of nonalcoholic beverages. The company operates in 14 states, primarily in the southeastern U.S., with its corporate headquarters located in Charlotte, North Carolina. The company purchases concentrate and syrups from other beverage manufacturers under license agreements, most notably from Coca-Cola Co. This allows Coca-Cola Consolidated to exclusively produce, market, and distribute Coca-Cola products in designated regions.

The company’s operations are divided into two main segments: Nonalcoholic Beverages, which accounts for the majority of its revenue, and All Other segments. The comprehensive product portfolio includes sparkling beverages, still beverages, energy drinks, and enhanced water products. Key brands include Coca-Cola, Monster, and smartwater.

Committed to community, environmental stewardship, and profitable growth, Coca-Cola Consolidated’s overarching purpose is to

News

Coca-Cola Consolidated, Inc. To Release First Quarter 2024 Results

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Coca-Cola Consolidated, Inc. will release its first-quarter 2024 results on May 6, 2024. The announcement will cover the operating performance for the quarter ending March 29, 2024.
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Coca-Cola Consolidated, Inc. Announces Second Quarter Dividend

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Coca-Cola Consolidated, Inc. (COKE) declares a dividend of $0.50 per share for the second quarter of 2024, payable on May 10, 2024. Shareholders of record as of April 26, 2024, will receive the dividend. Contact details for media and investor inquiries are provided.
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Coca-Cola Consolidated Reports Fourth Quarter and Fiscal Year 2023 Results

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Coca-Cola Consolidated, Inc. (COKE) reports a 4% increase in net sales in Q4 2023, with gross profit up by 7%. Operating profit for FY 2023 rises by 30% to $834 million, with operating margin improving by 220 basis points. Despite a decline in net income, the company remains optimistic about its performance and growth prospects for 2024.
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Coca-Cola Consolidated, Inc. To Release Fourth Quarter and Fiscal Year 2023 Results

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Coca-Cola Consolidated, Inc. (COKE) is set to release its operating results for Q4 and fiscal year 2023 on February 21, 2024. The press release will be made public after the market closes. For media inquiries, contact Josh Gelinas, and for investor inquiries, contact Scott Anthony.
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Coca-Cola Consolidated Announces Declaration of First Quarter 2024 Regular Quarterly Cash Dividend and Special Cash Dividend

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Coca-Cola Consolidated, Inc. (NASDAQ: COKE) declares a regular quarterly cash dividend of $0.50 per share and a special cash dividend of $16.00 per share, totaling $150 million. Both dividends are payable on February 9, 2024, to stockholders of record as of January 26, 2024.
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Coca-Cola Consolidated Reports Third Quarter and First Nine Months 2023 Results

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Coca-Cola Consolidated, Inc. reported a 5% increase in net sales for the third quarter of 2023 compared to the same period in 2022. Income from operations for the third quarter of 2023 was $216 million, up 14% from the third quarter of 2022. For the first nine months of 2023, income from operations was $656 million, a 40% increase from the same period in 2022. Operating margin for the first nine months of 2023 was 13.1%, up 300 basis points from the first nine months of 2022.
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Coca-Cola Consolidated, Inc. To Release Third Quarter and First Nine Months 2023 Results

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Coca-Cola Consolidated to announce Q3 2023 operating results on November 1, 2023
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Coca-Cola Consolidated, Inc. Announces Fourth Quarter Dividend

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Coca-Cola Consolidated declares dividend for Q4 2023
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Coca-Cola Consolidated Reports Second Quarter and First Half 2023 Results

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Coca-Cola Consolidated, Inc. reported a 9% increase in net sales for the second quarter of 2023 compared to the same period in 2022. Gross profit increased by 22% to $672 million, and gross margin improved by 410 basis points to 38.6%. Income from operations for the first half of 2023 was $440 million, up 58% compared to the first half of 2022. Operating margin also increased by 400 basis points to 13.3%.
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Coca-Cola Consolidated, Inc. To Release Second Quarter and First Half 2023 Results

Rhea-AI Summary
Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will release its operating results for Q2 2023 and the first half of fiscal 2023 on August 2, 2023. The company's press release will provide key financial information and performance metrics. For media inquiries, contact Josh Gelinas at (704) 807-3703 or Josh.Gelinas@cokeconsolidated.com. For investor inquiries, contact Scott Anthony at (704) 557-4633 or Scott.Anthony@cokeconsolidated.com.
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FAQ

What is the current stock price of Coca-Cola Consolidated (COKE)?

The current stock price of Coca-Cola Consolidated (COKE) is $1202.59 as of December 20, 2024.

What is the market cap of Coca-Cola Consolidated (COKE)?

The market cap of Coca-Cola Consolidated (COKE) is approximately 10.6B.

What is Coca-Cola Consolidated, Inc.?

Coca-Cola Consolidated, Inc. is the largest independent Coca-Cola bottler in the United States, responsible for making, selling, and distributing over 250 brands and flavors of nonalcoholic beverages.

Where is Coca-Cola Consolidated headquartered?

Coca-Cola Consolidated is headquartered in Charlotte, North Carolina.

Who is the CEO of Coca-Cola Consolidated?

The CEO of Coca-Cola Consolidated is J. Frank Harrison, III, the great-grandson of the company's founder, J.B. Harrison.

What products does Coca-Cola Consolidated distribute?

The company distributes a wide range of nonalcoholic beverages, including sparkling drinks, still beverages, energy drinks, and enhanced water products under over 250 brands and flavors.

How is Coca-Cola Consolidated performing financially?

As of the first half of 2023, Coca-Cola Consolidated reported a 10% increase in net sales to $3.31 billion and a 22% rise in gross profit to $1.30 billion. The company also posted a record high operating margin of 13.4% in the second quarter of 2023.

What are Coca-Cola Consolidated's key markets?

Coca-Cola Consolidated operates in 14 states, primarily in the southeastern United States.

What is the company’s overarching purpose?

Coca-Cola Consolidated's overarching purpose is to "honor God in all we do," which includes commitments to community service, environmental stewardship, and profitable growth.

What recent investments has Coca-Cola Consolidated made?

The company plans to invest significantly in optimizing its supply chain and expanding its product portfolio, including a repurchase of up to $3.1 billion in common stock.

What is the stock symbol for Coca-Cola Consolidated?

The stock symbol for Coca-Cola Consolidated is COKE, and it is traded on the Nasdaq Global Select Market.

How does Coca-Cola Consolidated acquire its beverage concentrate and syrup?

The company purchases concentrate and syrup from other beverage manufacturers, primarily Coca-Cola Co., under license agreements.

Stock COKE logo
Coca-Cola Consolidated, Inc.

Nasdaq:COKE

COKE Rankings

#823 Ranked by Market Cap
#1896 Ranked by Dividends

COKE Stock Data

10.60B
5.21M
32.84%
52.2%
0.87%
Beverages - Non-Alcoholic
Bottled & Canned Soft Drinks & Carbonated Waters
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United States of America
CHARLOTTE