Coca-Cola Consolidated Earnings Reports

Coca-Cola Consolidated's Q4 2024 revenue increased by 7.1% to $1.75 billion, driven by strong sales in both sparkling and still beverages. Operating income rose by 22.6% to $218.7 million, while net income surged to $178.9 million, more than doubling from the prior year. Adjusted EPS reached $17.91, reflecting improved margins and operational efficiencies. The company remains focused on driving long-term growth while returning value to shareholders.

Coca-Cola Consolidated reported a 3.1% increase in net sales for Q3 2024, reaching $1.8 billion. Gross profit increased by 5.5%, with gross margin improving to 39.5%. Income from operations rose by 5.0% to $227.1 million. Sparkling beverage sales increased by 5.8%, while still beverage sales saw a 1.7% increase.

Coca-Cola Consolidated reported a 3% increase in net sales and a 7% increase in gross profit for the second quarter of 2024. The company's focus on margin management and operating efficiency led to higher profitability. They also repurchased a significant amount of common shares.

Coca-Cola Consolidated's first quarter 2024 results showed a net sales increase of 1% to $1.6 billion. The company's operating income increased by 5% to $215.4 million, and the operating margin improved by 40 basis points to 13.5%. They also announced the intention to repurchase up to $3.1 billion of its common stock.

Coca-Cola Consolidated reported Q4 2023 results, with net sales increasing by 4% to $1.63 billion and gross profit increasing by 7% to $641.5 million. Gross margin improved by 120 basis points to 39.3%. Income from operations increased by 3% to $178.5 million.

Coca-Cola Consolidated reported a 5% increase in net sales for Q3 2023, reaching $1.71 billion. Income from operations increased by 14% to $216.3 million. The company achieved a milestone by becoming net debt free for the first time in almost 40 years.

Coca-Cola Consolidated reported a 9% increase in net sales and a 59% increase in income from operations for the second quarter of 2023. The company's operating margin reached a record high of 13.4%.

Coca-Cola Consolidated reported a strong start to 2023 with a 12% increase in net sales and a 23% increase in gross profit compared to the first quarter of 2022. The company's revenue growth management and operating strategies drove impressive free cash flow, enabling reinvestments in the business.

Coca-Cola Consolidated reported a strong fourth quarter and fiscal year 2022, marked by a 12% increase in net sales for Q4, driven by price increases. Gross profit also increased by 22%, with gross margin improving to 38.1%. The company celebrated record profitability and focused on long-term margin improvement.

Coca-Cola Consolidated reported strong Q3 2022 results with a 12% increase in net sales and a 20% increase in gross profit. The company's performance was driven by effective revenue growth management strategies and solid volume growth in the Sparkling category.

Coca-Cola Consolidated reported an 11% increase in net sales for the second quarter of 2022, driven by price increases and solid volume growth in Sparkling beverages. The company effectively managed supply chain challenges and cost inflation, leading to profitable growth.

Coca-Cola Consolidated reported strong Q1 2022 results, with net sales increasing by 11% and gross profit increasing by 13%. The company's performance was driven by pricing actions and solid demand for its brands.

Coca-Cola Consolidated's fourth quarter 2021 net sales increased by 10% compared to the fourth quarter of 2020, while net income decreased by $47.3 million. The company faced supply chain disruptions and operating challenges due to the pandemic, but strong demand and pricing actions contributed to the sales increase.

Coca-Cola Consolidated's net sales increased by 10% in Q3 2021, driven by pricing actions on Sparkling and Still beverages to offset rising input costs. Gross profit also increased by 10%, although gross margin saw a slight decrease. The company faced supply chain challenges and labor shortages but remains confident in its financial outlook.

Coca-Cola Consolidated reported strong Q2 2021 results with a 17% increase in net sales and a 45% increase in operating income. The company benefited from positive volume growth in Still beverages and price realization in Sparkling beverages.

Coca-Cola Consolidated reported strong first-quarter results with an 8.3% increase in net sales and a 187% surge in income from operations. The company benefited from revenue management initiatives and effective cost control, leading to improved gross margins and profitability.

Coca-Cola Consolidated's Q4 2020 net sales increased by 8.5% and physical case volume rose by 8.1%. Income from operations significantly increased to $93.6 million. The company benefited from strong consumer demand and strategic expense management.

Coca-Cola Consolidated reported a strong third quarter with net sales increasing by 4.5% and gross profit up by 9.3%. The company's performance was driven by strong sales of multi-serve packages and gradual improvement in single-serve sales.

Coca-Cola Consolidated reported mixed results for Q2 2020. While net sales decreased by 3.6%, physical case volume saw a slight increase of 0.6%. Gross profit decreased slightly, but gross margin improved due to favorable commodity costs. Income from operations showed a significant increase of 23.7%.

Coca-Cola Consolidated reported a 3.7% increase in net sales and an 8.5% increase in gross profit for the fourth quarter of 2019. However, the company experienced a net loss of $10.2 million due to fair value adjustments to acquisition related contingent consideration liability.