Loading...
•
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%.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...