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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.

Total Revenue
$1.4B
Previous year: $1.27B
+10.6%
EPS
$8.42
Previous year: $6.54
+28.7%
Gross margin
36.1%
Previous year: 35.3%
+2.3%
Gross Profit
$508M
Previous year: $449M
+13.1%
Cash and Equivalents
$127M
Previous year: $51.8M
+145.2%
Total Assets
$3.43B

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