Earnings Alerts

Coca Cola Bottling Co. Consolidated (COKE) Earnings: 1Q Net Sales Dip to $1.58B with EPS Decline

  • Coca-Cola Consolidated reported net sales of $1.58 billion for the first quarter, a slight decrease of 0.7% from the previous year.
  • The company’s gross profit was $627.1 million, marking a 2.1% decline year-over-year.
  • Gross margin dropped slightly to 39.7% compared to the previous 40.2% the same period last year.
  • Income from operations saw a significant decrease, falling by 12% to $189.8 million.
  • Adjusted basic earnings per share (EPS) were reported at $15.62, down from $17.33 in the previous year.
  • Overall EPS was $11.87, a considerable drop from $17.66 year-over-year.
  • The company expects capital expenditures to reach approximately $300 million in the fiscal year 2025.
  • Calendar changes impacted reported sales growth negatively, but the performance of most Sparkling and Still brands was commended.
  • No new ratings of buys, holds, or sells were issued for the company.

A look at Coca Cola Bottling Co. Consolidated Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Coca Cola Bottling Co. Consolidated has received a high score in Growth and Momentum, indicating a positive long-term outlook for the company. With a strong emphasis on expansion and market performance, the company appears well-positioned to capitalize on future opportunities in the nonalcoholic beverage industry.

While the Value and Dividend scores are moderate, the Resilience score of the company signals a steady capacity to withstand market challenges. Overall, Coca Cola Bottling Co. Consolidated seems to be focusing on driving growth and maintaining market momentum, which could bode well for its future success in the industry.

Summary: Coca-Cola Bottling Company Consolidated operates as a holding company that produces, markets, and distributes a variety of nonalcoholic beverages, including energy drinks, bottled water, tea, coffee, water, juices, and sports drinks.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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