Trade Coca-Cola Bottling - COKE CFD

About Coca-Cola Consolidated Inc

Coca-Cola Consolidated, Inc. distributes, markets, and manufactures nonalcoholic beverages in the United States. The Company also distributes products for several other beverage companies, including BA Sports Nutrition, LLC (BodyArmor), Keurig Dr Pepper Inc. (Dr Pepper) and Monster Energy Company (Monster Energy). The Company’s segments include Nonalcoholic Beverages and All Other. Majority of its total bottle/can sales volume to retail customers consist of products of The Coca-Cola Company. The Company offers a range of nonalcoholic beverage products and flavors, including both sparkling and still beverages. Sparkling beverages are carbonated beverages and the Company's principal sparkling beverage is Coca-Cola. Still beverages include energy products and noncarbonated beverages such as bottled water, tea, ready-to-drink coffee, enhanced water, juices, and sports drinks. The Company operates in the Southeast, Midwest and Mid-Atlantic.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Coca-Cola Consolidated Inc revenues increased 11% to $5.56B. Net income increased 10% to $189.6M. Revenues reflect Nonalcoholic Beverages segment increase of 11% to $5.43B, All Other segment increase of 10% to $366.9M. Net income was partially offset by All Other segment loss increase of 55% to $17.5M. Dividend per share remained flat at $1.00.

Equity composition

Common Stock Cl. A $1 Par, 01/11, 30M auth., 10,203,821 issd., less 3,062,374 shs. in Treas. @ $60.8M. Insiders control 34.79%. Common Stock Cl. B $1 Par, 10M auth., 2,672,316 issd., less 628,114 shs. in Treas. @ $409K.