Coca-Cola Consolidated Inc. (COKE)

Overview

Coca-Cola Consolidated, Inc., together with its subsidiaries, is the largest Coca-Cola bottler in the United States. The company is primarily engaged in the manufacturing, marketing, and distribution of nonalcoholic beverages under the banner of The Coca-Cola Company. Offering a wide array of sparkling and still beverages, Coca-Cola Consolidated, Inc. caters to a diverse market across the U.S. Additionally, the company handles products from renowned brands like Dr Pepper and Monster Energy, further expanding its offerings beyond the Coca-Cola roster. Originally known as Coca-Cola Bottling Co. Consolidated, the company underwent a name change to Coca-Cola Consolidated, Inc. in January 2019. With its corporate headquarters in Charlotte, North Carolina, the corporation was established in 1980, showcasing a long history of partnership with The Coca-Cola Company and commitment to beverage distribution and innovation.

Products and Services

The product portfolio of Coca-Cola Consolidated, Inc. is extensive, encompassing both sparkling and still beverage options designed to suit a variety of consumer tastes and occasions. Here is an overview of the main categories:

• Sparkling Beverages: This category includes the company's carbonated drinks, primarily consisting of Coca-Cola’s signature sodas. These beverages represent the foundational offerings that have made Coca-Cola a household name globally.
• Still Beverages: Beyond carbonation, Coca-Cola Consolidated, Inc. ventures into the noncarbonated sector with products such as:
  • Energy Products: Catering to the demand for an energy boost, these beverages are designed to provide consumers with enhanced performance and alertness.
  • Bottled Water: Recognizing the importance of hydration, the company offers a variety of bottled water products, ensuring quality and convenience for consumers prioritizing health and wellness.
  • Ready-to-Drink Coffee and Tea: For those in search of a caffeine fix or a calming brew, Coca-Cola Consolidated provides ready-to-drink coffee and tea options.
  • Enhanced Water, Juices, and Sports Drinks: These options cater to specific nutritional and hydration needs, ranging from electrolyte-replenished sports drinks for athletes to vitamin-enriched waters and juices for health-conscious consumers.
• Post-Mix Products: The company supplies syrups and concentrates to food service customers who utilize post-mix dispensing equipment. This allows for the on-demand mixing of fountain soft drinks and other beverages, serving consumers freshly made drinks in cups or glasses.
• Partnership Brands: Apart from its own products, Coca-Cola Consolidated, Inc. also manufactures and distributes beverages under other labels, including Dr Pepper and Monster Energy, diversifying its product lineup to meet a broader range of consumer preferences.

In addition to manufacturing and distributing a wide array of beverages, Coca-Cola Consolidated, Inc. oversees direct sales and distribution to various types of retailers and venues across its territory. This includes grocery stores, mass merchandise stores, club stores, convenience stores, drug stores, restaurants, schools, amusement parks, recreational facilities, and vending machine outlets, ensuring Coca-Cola products are readily available to consumers in numerous consumer touchpoints.