secwatch.observer — SEC 8-K summary
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Issuer:     Coca-Cola Consolidated, Inc. (COKE)
CIK:        0000317540
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000317540-24-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coca-Cola Consolidated Q2 net sales up 3.3%, operating income +11% to $259M
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- Net sales $1.796B (+3.3%); gross margin expanded 130 bps to 39.9%.
- Operating income $259M (+11%), operating margin 14.4% vs 13.4%.
- Net income $172.8M vs $122.3M; adjusted net income $192.8M vs $172.5M.
- Standard physical case volume down 1.2%; pricing drove sales growth.
- Reaffirmed FY2024 capex $300-350M; significant share repurchase in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317540/000031754024000045/0000317540-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317540/000031754024000045/coke-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000317540-24-000045

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