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Dec 31, 2023
Coca-Cola Consolidated Q4 2023 Earnings Report
Coca-Cola Consolidated reported a net sales increase of 4% and gross profit increase of 7% compared to Q4 2022.
Key Takeaways
Coca-Cola Consolidated reported Q4 2023 results, with net sales increasing by 4% to $1.63 billion and gross profit increasing by 7% to $641.5 million. Gross margin improved by 120 basis points to 39.3%. Income from operations increased by 3% to $178.5 million.
Net sales increased 4% versus the fourth quarter of 2022.
Gross profit increased 7% versus the fourth quarter of 2022.
Gross margin improved to 39.3%, an increase of 120 basis points.
Income from operations increased 3% compared to the fourth quarter of 2022.
Revenue by Segment
Forward Guidance
While we anticipate a challenging operating environment in 2024, we have a high level of confidence in our commercial and operating plans which we expect will generate balanced revenue growth while maintaining our improved margin structure.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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