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Dec 29, 2019
Coca-Cola Consolidated Q4 2019 Earnings Report
Coca-Cola Consolidated reported an increase in net sales and gross profit, but a net loss for Q4 2019.
Key Takeaways
Coca-Cola Consolidated reported a 3.7% increase in net sales and an 8.5% increase in gross profit for the fourth quarter of 2019. However, the company experienced a net loss of $10.2 million due to fair value adjustments to acquisition related contingent consideration liability.
Net sales grew by 3.7% compared to Q4 2018.
Physical case volume increased by 1.2%.
Gross margin increased by 150 basis points.
Income from operations was $39.5 million, up $26.7 million versus Q4 2018.
Revenue by Segment
Forward Guidance
We anticipate capital spending in fiscal year 2020 will be in the range of $180 million to $210 million as we continue to invest in projects that we believe will provide operating efficiencies and support long-term growth.
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
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