{"schema_version":"secwatch.filing_event.v1","accession":"0000317540-24-000030","form_type":"8-K","ticker":"COKE","cik":"0000317540","company_name":"Coca-Cola Consolidated, Inc.","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.532620+00:00","generated_at":"2026-06-02T22:32:12.142651+00:00","sec_items":["1.01","8.01","2.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Coke Consolidated Q1 op income up 5%; announces $3.1B share repurchase with tender offer $850-$925","bullets":["Q1 net sales $1.592B (+1.3%), operating income $215.4M (+4.5%), net income $165.7M vs $118.1M.","Gross margin improved 50bps to 40.2%; Sparkling bottle/can sales rose 3.4% to $952M.","Intends to repurchase up to $3.1B of common stock: $2.0B Dutch auction tender offer at $850-$925/share.","Separate purchase agreement with Coca-Cola subsidiary to reduce ownership to 21.5% after repurchase.","Tender offer expected to launch May 20, 2024; J. Frank Harrison III will not tender shares."],"urls":{"canonical":"https://secwatch.observer/filing/0000317540-24-000030","json":"https://secwatch.observer/filing/0000317540-24-000030.json","markdown":"https://secwatch.observer/filing/0000317540-24-000030.md","text":"https://secwatch.observer/filing/0000317540-24-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/317540/000031754024000030/0000317540-24-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/317540/000031754024000030/coke-20240506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T22:32:12.142651+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0212c4030afb15ee83e927ad22e5e50785d97c94","claim":"Coca-Cola Consolidated, Inc. reported first quarter ended March 29, 2024 results: revenue $1,591.6 (in millions), net income $165.7 million. Guidance reaffirmed.","evidence_excerpt":"Key Results First Quarter (in millions) 2024 2023 Change Standard physical case volume 82.1 82.5 (0.4)% Comparable standard physical case volume (1) 82.1 81.5 0.7% Net sales $1,591.6 $1,571.6 1.3% Gross profit $640.6 $624.1 2.6% Gross margin 40.2 % 39.7 % Income from operations $215.4 $206.1 4.5% Operating margin 13.5 % 13.1 % Beverage Sales First Quarter (in","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/317540/000031754024000030/0000317540-24-000030-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 29, 2024"},{"label":"Revenue","value":"$1,591.6 (in millions)"},{"label":"Net income","value":"$165.7 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}