Coca-Cola Consolidated, Inc. to Release First Quarter 2025 Results CHARLOTTE, N.C., April 16, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will issue a news release after the market closes on April 30, 2025 to announce its operating results for the first quarter ended March 28, 2025. CONTACTS: Brian K. Little (Media)Matt Blickley (Investors)Vice President, Corporate Communications OfficerExecutive Vice President, Chief Financial Officer and Chief Accounting Officer(980) 378-5537(704) 557-4910 About Coca-Cola Consolidated, Inc.Headquartered in Charlotte,...
Coca-Cola Consolidated, Inc. Announces Second Quarter Dividend CHARLOTTE, N.C., April 11, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that its Board of Directors has declared a dividend for the second quarter of 2025 of $2.50 per share on shares of the Company's Common Stock and Class B Common Stock payable on May 9, 2025, to stockholders of record as of the close of business on April 25, 2025. CONTACTS:Brian K. Little (Media)Matt Blickley (Investors)Vice President, Corporate CommunicationsExecutive Vice President, Chief Financial OfficerOfficerand Chief...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Coca-Cola Consolidated, Inc. (CCCI) and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 4 April 2025 in which we reassessed the appropriateness of the ratings ...
Coca-Cola Consolidated Board of Directors Approves 10 for 1 Stock Split CHARLOTTE, N.C., March 04, 2025 (GLOBE NEWSWIRE) -- Coca‑Cola Consolidated, Inc. (NASDAQ: COKE) today announced that its Board of Directors approved a 10-for-1 split of the Company’s Common Stock and Class B Common Stock. The stock split is subject to stockholder approval of an amendment to the Company's Restated Certificate of Incorporation to effect a 10-for-1 forward stock split of the Company’s Common Stock and Class B Common Stock and to proportionally increase the number of authorized shares of Common Stock and...
Coca-Cola Consolidated Reports Fourth Quarter and Fiscal Year 2024 Results Fourth quarter of 2024 net sales increased 7% versus the fourth quarter of 2023.Gross profit in the fourth quarter of 2024 was $698 million, an increase of 9% versus the fourth quarter of 2023. Gross margin in the fourth quarter of 2024 improved by 70 basis points(a) to 40%.Income from operations for the fourth quarter of 2024 was $219 million, an increase of $40 million, or 23%, versus the fourth quarter of 2023. For fiscal year 2024, income from operations increased $86 million to $920 million. Key Results Fourth ...
Coca-Cola Consolidated, Inc. To Release Fourth Quarter and Fiscal Year 2024 Results CHARLOTTE, N.C., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will issue a news release after the market closes on February 20, 2025 to announce its operating results for the fourth quarter and fiscal year ended December 31, 2024. CONTACTS: Brian K. Little (Media)Scott Anthony (Investors)Vice President, Corporate CommunicationsExecutive Vice President & Chief Financial Officer(980) 378-5537(704) 557-4633 About Coca-Cola Consolidated, Inc. Headquartered in Charlotte, N....
Coca-Cola Consolidated, Inc. Announces First Quarter Dividend CHARLOTTE, N.C., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that its Board of Directors has declared a dividend for the first quarter of 2025 of $2.50 per share on shares of the Company's Common Stock and Class B Common Stock payable on February 7, 2025, to shareholders of record as of the close of business on January 24, 2025. CONTACTS: Brian K. Little (Media) Scott Anthony (Investors)Vice President, Corporate Communications Executive Vice President & Chief Financial Officer(980)...
Coca-Cola Consolidated CFO Scott Anthony to Retire, Company Names Matt Blickley as New CFO CHARLOTTE, N.C., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Coca‑Cola Consolidated, Inc. (NASDAQ: COKE) announced today that Executive Vice President and Chief Financial Officer (CFO), Scott Anthony, will retire effective March 31, 2025. Mr. Anthony has served as the Company’s CFO since 2018. The Company also announced that Matthew J. Blickley will assume the role of Executive Vice President and Chief Financial Officer, effective April 1, 2025. Mr. Blickey joined Coca‑Cola Consolidated in 2014 and current...
Coca-Cola Consolidated Reports Third Quarter and First Nine Months 2024 Results Third quarter of 2024 net sales increased 3% versus the third quarter of 2023.Gross profit in the third quarter of 2024 was $698 million, an increase of 5.5% versus the third quarter of 2023. Gross margin in the third quarter of 2024 improved by 90 basis points(a) to 39.5%.Income from operations for the third quarter of 2024 was $227 million, an increase of $11 million, or 5%, versus the third quarter of 2023. Operating margin for the third quarter of 2024 was 12.9% as compared to 12.6% for the third quarter of ...
Coca-Cola Consolidated, Inc. To Release Third Quarter and First Nine Months 2024 Results CHARLOTTE, N.C., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will issue a news release after the market closes on October 30, 2024 to announce its operating results for the third quarter ended September 27, 2024 and the first nine months of fiscal 2024. CONTACTS:Brian K. Little (Media)Vice President, Corporate Communications(980) 378-5537 Scott Anthony (Investors)Executive Vice President & Chief Financial Officer(704) 557-4633 About Coca-Cola Consolidated, ...
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Coca-Cola Consolidated Announces Dividend Increase and Share Repurchase Program Quarterly dividend increased to $2.50 per share, up from $0.50 per shareBoard of Directors approves $1.0 billion share repurchase program CHARLOTTE, N.C., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Coca‑Cola Consolidated, Inc. (NASDAQ: COKE) announced today that its Board of Directors increased the Company’s quarterly dividend to $2.50 per share (up from $0.50 per share). The increased dividend will be payable November 8, 2024 to Common Stock and Class B Common Stock stockholders of record as of October 25, 2024. ...
Downgrading Outlook to Neutral; Upgrading Real Estate and Consumer Staples We are downgrading our long-term outlook to neutral (had been bullish since early-November 2023) due to rapidly deteriorating market dynamics; we still believe the S&P 500 is going through a 1- to 4-month consolidation phase, but odds have increased that this consolidation phase could be a topping pattern. The S&P 500 is initially holding at our expected pullback zone of 5100-5191 that we discussed last week (7/30/24 Com...
Coca-Cola Consolidated Reports Second Quarter and First Half 2024 Results Second quarter of 2024 net sales increased 3% versus the second quarter of 2023. Gross profit in the second quarter of 2024 was $717 million, an increase of 7% versus the second quarter of 2023. Gross margin in the second quarter of 2024 improved by 130 basis points(a) to 39.9%. Income from operations for the second quarter of 2024 was $259 million, up $25 million, or 11%, versus the second quarter of 2023. Operating margin for the second quarter of 2024 was 14.4% as compared to 13.4% for the second quar...
Coca-Cola Consolidated, Inc. To Release Second Quarter and First Half 2024 Results CHARLOTTE, N.C., July 17, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will issue a news release after the market closes on July 31, 2024 to announce its operating results for the second quarter ended June 28, 2024 and the first half of fiscal year 2024. CONTACTS: Ashley Brown (Media)Scott Anthony (Investors)Director, External CommunicationsExecutive Vice President & Chief Financial Officer(803) 979-2849 (704) 557-4633 About Coca-Cola Consolidated, Inc.Coca-Cola Consolidated is...
Coca-Cola Consolidated, Inc. Announces Third Quarter Dividend CHARLOTTE, N.C., July 12, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that the Board of Directors has declared a dividend for the third quarter of 2024 of $0.50 per share on shares of the Company's Common Stock and Class B Common Stock payable on August 9, 2024 to shareholders of record as of the close of business on July 26, 2024. CONTACTS:Ashley Brown (Media) Scott Anthony (Investors)Director, External Communications Executive Vice President & Chief Financial Officer(803) 979-2849 (704) 55...
Remain Overweight Large-Cap Growth Mega-cap growth names such as AMZN, TSLA, MSFT, GOOGL, and META have picked up the slack as semiconductors (SMH, SOXX, NVDA, AVGO, etc.) are simply consolidating after getting extended. This was a possibility we discussed in last week's Compass (6/25/24), which means we are not seeing any lasting rotation away from large-cap growth. We remain bullish on all of the names listed (including the semiconductors), and we continue to recommend an overweight to large-...
Coca-Cola Consolidated Announces Final Results of Tender Offer CHARLOTTE, N.C., June 21, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) (the “Company”) announced today the final results of its modified “Dutch auction” tender offer, which expired at 5:00 p.m., New York City time, on June 18, 2024. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer, a total of 14,391.5 shares of the Company’s Common Stock were validly tendered and not validly withdrawn in the tender offer. In accordance with the terms and conditions of the te...
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