earnings
confidence high
sentiment positive
materiality 0.75
Coca-Cola Consolidated Q4 net sales +7% to $1.75B; FY2024 operating income $920M (+10%), dividend raised to $10/share
Coca-Cola Consolidated, Inc.
- Q4 net sales $1.746B (+7.1% YoY); gross margin improved 70bps to 40.0%.
- FY2024 income from operations $920M (+10.3%); net income $633M vs $408M in FY2023.
- FY2024 adjusted net income $678.6M; cash from operations $876M; capex $371M.
- Annualized regular dividend raised to $10 per share; share repurchases of ~$626M in 2024.
- Expects FY2025 capex ~$300M; management signals slower growth but solid margin and cash generation.