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Coca-Cola Consolidated (COKE)

Earnings summaries and quarterly performance for Coca-Cola Consolidated.

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Recent press releases and 8-K filings for COKE.

Coca-Cola Consolidated Repurchases Shares from The Coca-Cola Company
COKE
Share Buyback
Debt Issuance
Board Change
  • On November 7, 2025, Coca-Cola Consolidated repurchased 18.8 million shares of its common stock from The Coca-Cola Company for approximately $2.4 billion.
  • The purchase price of $127 per share was funded using a combination of cash on hand and a $1.2 billion, 364-day term loan facility.
  • Following the transaction, The Coca-Cola Company relinquished its seat on Coca-Cola Consolidated's Board of Directors, and Coca-Cola Consolidated's previously announced share repurchase program was reduced from $1 billion to $400 million, with approximately $136.3 million remaining.
Nov 7, 2025, 9:32 PM
Coca-Cola Consolidated Reports Third Quarter and First Nine Months 2025 Results
COKE
Earnings
Dividends
Share Buyback
  • Coca-Cola Consolidated reported a 7% increase in net sales for the third quarter of 2025, reaching $1,888.3 million, compared to the third quarter of 2024.
  • Gross profit for the third quarter of 2025 was $749 million, an increase of 7% versus the prior year, with gross margin improving 10 basis points to 39.6%.
  • Income from operations for the third quarter of 2025 increased 9% to $247 million, and the operating margin rose 20 basis points to 13.1%.
  • Earnings per share for the third quarter of 2025 increased 24% to $1.64, while adjusted earnings per share increased 10% to $2.06.
  • The company returned over $211 million to stockholders through share repurchases and dividends during the first nine months of 2025.
Oct 29, 2025, 8:14 PM
Coca-Cola Consolidated, Inc. Reports Second Quarter and First Half 2025 Results
COKE
Earnings
Demand Weakening
New Projects/Investments
  • Coca-Cola Consolidated, Inc. reported net sales of $1,855.5 million in the second quarter of 2025, an increase of 3.3% compared to the second quarter of 2024. For the first half of 2025, net sales increased 1.4% to $3,435.5 million.
  • Income from operations for the second quarter of 2025 was $272.1 million, an increase of 5.0% versus the second quarter of 2024. However, for the first half of 2025, income from operations decreased 2.7% to $461.9 million.
  • Net income in the second quarter of 2025 was $187.4 million, an increase of 8.4% compared to the second quarter of 2024. For the first half of 2025, net income declined 14.0% to $291.0 million.
  • Volume decreased 0.8% in the second quarter of 2025 and 3.5% in the first half of 2025, with two fewer selling days in the first half of 2025 accounting for approximately 1.0% of the volume decline.
  • The company invested approximately $157 million in capital expenditures in the first half of 2025 and expects total capital expenditures to be approximately $300 million for fiscal year 2025.
Jul 24, 2025, 12:00 AM
Coca-Cola Consolidated Finalizes 10-for-1 Stock Split
COKE
Proxy Vote Outcomes
  • The company’s 10-for-1 stock split for both Common Stock and Class B Common Stock was approved by stockholders on May 13, 2025 and became effective on May 16, 2025.
  • Stockholders will receive nine additional shares per share held, with trading on a split-adjusted basis expected to begin on or about May 27, 2025.
May 16, 2025, 12:00 AM
Coca-Cola Consolidated Reports Q1 2025 Results
COKE
Earnings
  • Q1 2025 results showed net sales of $1,580 million and gross profit of $627 million, reflecting declines of about 0.7% and 2.1%, respectively, partially due to two fewer selling days compared to Q1 2024.
  • Volume dropped 6.6% to 76.7 units and income from operations decreased 11.9% to approximately $190 million, leading to a reduced operating margin of 12.0% compared to 13.5% in Q1 2024.
  • Management attributed some of the performance challenges to calendar effects, including the Easter holiday timing and distribution changes for certain products.
Apr 30, 2025, 12:00 AM
Coca-Cola Consolidated Approves 10-for-1 Stock Split
COKE
Proxy Vote Outcomes
  • The board approved a 10-for-1 stock split of the Company’s common and Class B shares, subject to shareholder approval of an amendment to the Certificate of Incorporation.
  • The split amendment will be presented for vote at the Annual Meeting on May 13, 2025, with trading on a split-adjusted basis expected to begin on May 27, 2025.
Mar 4, 2025, 12:00 AM
Coca-Cola Consolidated Reports Q4 2024 Results
COKE
Earnings
Revenue Acceleration/Inflection
Share Buyback
  • Net sales increased by 7.1% to approximately $1.7 billion in Q4 2024, with volume rising 1.3%, partly due to two additional selling days.
  • Gross profit reached $697.9 million and the gross margin improved by 70 basis points to 40%, while income from operations increased by 22.6% to $218.7 million.
  • The results underscore the strength in the Sparkling beverage category and include strategic measures such as capital investment and share repurchases, supporting long-term growth.
Feb 20, 2025, 12:00 AM