- Net sales for Coca-Cola Consolidated in Q2 2024 were $1.80 billion, marking a 3.3% increase year-over-year compared to $1.74 billion in Q2 2023.
- Physical case volume reached 91.5 million.
- Gross profit was reported at $716.7 million.
- Gross margin stood at 39.9%.
- Income from operations was $259.1 million.
- Adjusted basic earnings per share (EPS) were $20.71.
- Reported EPS was $18.54, up significantly from $13.02 in Q2 2023.
- Coca-Cola Consolidated expects their capital expenditures for the full year of 2024 to be between $300 million and $350 million.
- Analyst recommendations: 0 buys, 0 holds, 0 sells.
A look at Coca Cola Bottling Co. Consolidated Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
Analysts reviewing the Smartkarma Smart Scores for Coca Cola Bottling Co. Consolidated have noted a promising long-term outlook for the company. With a strong score of 4 for Growth and 5 for Momentum, Coca Cola Bottling Co. Consolidated is positioned well for future expansion and market traction. The company’s focus on growth opportunities and its ability to maintain positive momentum are key indicators of its potential success in the market.
While the Value and Dividend scores are moderate at 2, the company’s resilience score of 3 underlines its ability to adapt and withstand market challenges. Overall, the Smartkarma Smart Scores point towards a company with solid growth prospects, a resilient business model, and positive market momentum, making Coca Cola Bottling Co. Consolidated an interesting choice for investors seeking long-term growth potential.
Summary: Coca-Cola Bottling Company Consolidated is a holding company known for producing, marketing, and distributing various nonalcoholic beverages, including energy drinks, bottled water, tea, coffee, water, juices, and sports drinks through its subsidiaries.
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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