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Sep 27, 2024
Coca-Cola Consolidated Q3 2024 Earnings Report
Coca-Cola Consolidated's Q3 2024 performance reflected steady focus on operating fundamentals, with net sales increasing and gross margin improving.
Key Takeaways
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.
Net sales increased by 3% versus the third quarter of 2023.
Gross profit increased by 5.5% versus the third quarter of 2023, with gross margin improving to 39.5%.
Income from operations increased by 5% versus the third quarter of 2023.
Sparkling and Still net sales increased 5.8% and 1.7%, respectively, compared to the third quarter of 2023.
Coca-Cola Consolidated
Coca-Cola Consolidated
Coca-Cola Consolidated Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income