Profile
Sector:
Consumer DefensiveIndustry:
Non-Alcoholic BeveragesCountry:
United StatesIPO:
23 June 1990Website:
http://www.cokeconsolidated.comNext earnings report:
N/ALast dividends:
25 October 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:18:21 GMTAnalysts recommendations
Institutional Ownership
COKE Latest News
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.
Strong pricing power and brand reputation continue to drive revenue growth despite volume declines. Healthy balance sheet, with net debt declining over the past years and strong liquidity ratios, including a cash ratio above 1. Recent share buybacks and dividend hikes, especially in the last quarter, with a 400% QoQ increase, show confidence in rewarding shareholders.
Costco Wholesale stock's relative strength line is at a high as the stock nears a buy point.
Quarterly dividend increased to $2.50 per share, up from $0.50 per share Board 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).
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.
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.
Coca-Cola Consolidated has a plan to use debt to buy back roughly one-third of its shares. In the past, other companies have used debt effectively to drive shareholder returns.
Warren Buffett has a strong preference for dividend stocks and has included some of his top choices in Berkshire Hathaway's portfolio.
Chipotle Mexican Grill (NYSE: CMG) made history on March 19 by announcing its first ever stock split. Chipotle is known for having one of the highest stock prices in the market.
Coca-Cola Consolidated's stock has performed well, up over 90% in the past two years compared to the S&P 500's 20%. The company's cash flow remains strong, with operating income increasing by 30% in the past year. Coca-Cola Consolidated has a net cash position and is trading at less than 8 times its EBITDA, making it an attractive investment.
What type of business is Coca-Cola Consolidated?
Coca-Cola Consolidated, Inc. is a corporation that produces, distributes, and sells non-alcoholic beverages and is the largest Coca-Cola bottling company in the United States. The company was registered in 1980, with headquarters in Charlotte, North Carolina. The company offers a wide range of non-alcoholic beverages and flavorings designed to meet the needs of consumers, including both carbonated and non-carbonated drinks. Carbonated beverages mainly consist of Coca-Cola. Non-carbonated beverages include energy products and non-carbonated drinks such as bottled water, tea, ready-to-drink coffee, water, juices, and sports drinks.
What sector is Coca-Cola Consolidated in?
Coca-Cola Consolidated is in the Consumer Defensive sector
What industry is Coca-Cola Consolidated in?
Coca-Cola Consolidated is in the Non-Alcoholic Beverages industry
What country is Coca-Cola Consolidated from?
Coca-Cola Consolidated is headquartered in United States
When did Coca-Cola Consolidated go public?
Coca-Cola Consolidated initial public offering (IPO) was on 23 June 1990
What is Coca-Cola Consolidated website?
https://www.cokeconsolidated.com
Is Coca-Cola Consolidated in the S&P 500?
No, Coca-Cola Consolidated is not included in the S&P 500 index
Is Coca-Cola Consolidated in the NASDAQ 100?
No, Coca-Cola Consolidated is not included in the NASDAQ 100 index
Is Coca-Cola Consolidated in the Dow Jones?
No, Coca-Cola Consolidated is not included in the Dow Jones index
When was Coca-Cola Consolidated the previous earnings report?
No data
When does Coca-Cola Consolidated earnings report?
Next earnings report date is not announced yet