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Jun 30, 2023
Coca-Cola Consolidated Q2 2023 Earnings Report
Coca-Cola Consolidated reported strong profit growth and achieved a record high operating margin.
Key Takeaways
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%.
Net sales increased 9% versus the second quarter of 2022.
Gross profit increased 22% versus the second quarter of 2022.
Gross margin improved to 38.6%.
Operating margin for the second quarter of 2023 was 13.4%.
Coca-Cola Consolidated
Coca-Cola Consolidated
Coca-Cola Consolidated Revenue by Segment
Revenue by Segment
Sparkling beverages Revenue
CapyFin.comStill beverages Revenue
CapyFin.com Forward Guidance
The Company continues to expect pricing growth to slow in the second half of 2023 as we hurdle 2022 price increases.
Revenue & Expenses
Visualization of income flow from segment revenue to net income