Coca-Cola Consolidated has seen a significant increase in earnings recently due to acquiring territories from The Coca-Cola Company, which has given them strong pricing power in their regions. Their brand portfolio includes successful products like Dr Pepper and Monster Energy, along with reliable Coca-Cola brands, which supports a positive long-term outlook. I believe there is a potential 24% increase in value, estimating a fair price of $1635.
CHARLOTTE, N.C., March 04, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has revealed that its Board of Directors has approved a 10-for-1 stock split for both the Company's Common Stock and Class B Common Stock.
In the fourth quarter of 2024, net sales rose by 7% compared to the same period in 2023. The gross profit for this quarter reached $698 million, which is a 9% increase from the fourth quarter of 2023.
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.