secwatch.observer — SEC 8-K summary
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Issuer:     Coca-Cola Consolidated, Inc. (COKE)
CIK:        0000317540
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000317540-24-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coca-Cola Consolidated Q3 net sales +3%; operating income +5% to $227M
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- Net sales $1.766B (+3.1% YoY); gross margin 39.5% (+90 bps).
- Income from operations $227M (+5%); operating margin 12.9% (+30 bps).
- Sparkling bottle/can sales +5.8%; still category volume declined 9.7% due to Dasani distribution shift.
- Net income $115.6M vs $92.1M; adjusted net income for 9-month period up $33.6M.
- Purchased Nashville production facility for $56M; expects 2024 capex ~$350M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/317540/000031754024000060/0000317540-24-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/317540/000031754024000060/coke-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000317540-24-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer