Coca-Cola Consolidated (COKE) Company Overview

CHARLOTTE, N.C., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) plans to release a news statement after the market closes on February 20, 2025, to share its operating results for the fourth quarter and the fiscal year that ended on December 31, 2024.

CHARLOTTE, N.C., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has announced that its Board of Directors will pay a dividend of $2.50 per share for the first quarter of 2025. This dividend will be distributed on February 7, 2025, to shareholders who are on record as of January 24, 2025.

CHARLOTTE, N.C., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has announced that Scott Anthony, the Executive Vice President and Chief Financial Officer (CFO), will retire on March 31, 2025.

Coca-Cola Consolidated, Inc. has demonstrated consistent operational success and better performance metrics, resulting in a 66% rise in its share price, which is higher than the S&P 500's 30% increase. Even with lower inflation and planned price reductions, I anticipate ongoing revenue growth due to COKE's strong market position and varied product range. The company's financial situation is solid, with ample cash reserves, manageable debt levels, and a strong ability to cover interest payments, showing no risk of bankruptcy.

Coca-Cola Consolidated Inc. (NASDAQ: COKE) has recently given its shareholders a significant boost by increasing its dividend by 400%. This move reflects the company's strong performance and commitment to returning value to its investors.

CHARLOTTE, N.C., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) plans to release a news announcement after the market closes on October 30, 2024. This announcement will share the company's operating results for the third quarter, which ended on September 27, 2024, as well as for the first nine months of the fiscal year 2024.

The company is still seeing revenue growth thanks to its strong pricing power and good brand reputation, even though sales volumes are down. It has a solid financial position, with decreasing net debt and good liquidity ratios, including a cash ratio over 1. Recent share buybacks and a significant increase in dividends, particularly a 400% rise from the previous quarter, demonstrate its commitment to rewarding shareholders.

The relative strength line for Costco Wholesale stock is currently strong as the stock approaches a potential buying opportunity.

Coca-Cola Consolidated, Inc. has raised its quarterly dividend to $2.50 per share, a significant increase from the previous $0.50 per share. Additionally, the Board of Directors has approved a $1.0 billion share repurchase program. This announcement was made on August 20, 2024, in Charlotte, N.C.