Coca-Cola Consolidated CFO Scott Anthony to Retire, Company Names Matt Blickley as New CFO
CHARLOTTE, N.C., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Coca‑Cola Consolidated, Inc. (NASDAQ: COKE) announced today that Executive Vice President and Chief Financial Officer (CFO), Scott Anthony, will retire effective March 31, 2025.
Coca-Cola Consolidated: Solid Performance Bound To Continue Into 2025
Coca-Cola Consolidated, Inc. has shown steady operational performance and improved metrics, leading to a 66% share price increase, outperforming the S&P 500's 30% rise. Despite moderated inflation and strategic price decreases, I expect continued top-line growth, supported by COKE's strong market presence and diversified product portfolio. COKE's financial health is robust with significant cash reserves, manageable debt, and a high-interest coverage ratio, indicating no risk of insolvency.
A 400% Dividend Hike: Here's How Much Investors Just Got
24/7 Wall St. Insights Coca-Cola Consolidated Inc. (NASDAQ: COKE) just rewarded its shareholders with a 400% dividend hike.
Coca-Cola Consolidated Reports Third Quarter and First Nine Months 2024 Results
Third quarter of 2024 net sales increased 3% versus the third quarter of 2023. Gross profit in the third quarter of 2024 was $698 million, an increase of 5.5% versus the third quarter of 2023.
Coca-Cola Consolidated, Inc. To Release Third Quarter and First Nine Months 2024 Results
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.
Coca-Cola Consolidated: Popping Growth Like An Ice-Cold Coke
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 Stock, 3 Others Flash Classic Bullish Sign
Costco Wholesale stock's relative strength line is at a high as the stock nears a buy point.
Coca-Cola Consolidated Announces Dividend Increase and Share Repurchase Program
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).
Coca-Cola Consolidated: I'm Exiting The Investment
Coca-Cola Consolidated has been a successful investment with over 100% return since 2022 compared to S&P 500. Despite being a superb business, COKE stock is now trading at an overvaluation, making it a non-starter in terms of risk. I am rotating shares in COKE at a premium, with a long-term target of $750/share and moving on from the company in July/August 2024.
Coca-Cola Consolidated Reports Second Quarter and First Half 2024 Results
Second quarter of 2024 net sales increased 3% versus the second quarter of 2023. Gross profit in the second quarter of 2024 was $717 million, an increase of 7% versus the second quarter of 2023.
Coca-Cola Consolidated, Inc. To Release Second Quarter and First Half 2024 Results
CHARLOTTE, N.C., July 17, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will issue a news release after the market closes on July 31, 2024 to announce its operating results for the second quarter ended June 28, 2024 and the first half of fiscal year 2024.
Coca-Cola Consolidated, Inc. Announces Third Quarter Dividend
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.
