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Apr 01, 2022
Coca-Cola Consolidated Q1 2022 Earnings Report
Coca-Cola Consolidated's Q1 2022 net sales increased by 11% and gross profit increased by 13% compared to Q1 2021.
Key Takeaways
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.
Net sales increased 11% versus the first quarter of 2021.
Gross profit increased 13% versus the first quarter of 2021.
Gross margin increased 80 basis points to 36.1%.
Income from operations increased $37 million, or 39%, versus the first quarter of 2021.
Coca-Cola Consolidated
Coca-Cola Consolidated
Coca-Cola Consolidated Revenue by Segment
Forward Guidance
As we approach the key Summer selling season, we are confident in our ability to respond to the current high commodity cost environment with effective pricing strategies.
Revenue & Expenses
Visualization of income flow from segment revenue to net income