COKE Coca-Cola Consolidated, Inc.

Coca-Cola Consolidated, Inc. engages in the production, marketing and distribution of nonalcoholic beverages. Its products include flavors as well as energy products and noncarbonated beverages such as bottled water, tea, ready to drink coffee, enhanced water, juices and sports drinks. The firm operates through the Nonalcoholic Beverages, and All Other segments. The company was founded by J. B. Harrison in 1902 and is headquartered in Charlotte, NC.

Company profile

Ticker

COKE

Exchange

NASDAQ

Website

www.cokeconsolidated.com

CEO

J. Frank Harrison

Incorporated in

Delaware

Location

North Carolina

Fiscal year end

Dec 29

Sector

Consumer Non-Durables > Beverages: Non-Alcoholic

Industry (SEC)

Bottled & Canned Soft Drinks & Carbonated Waters

Monster Beverage • Primo Water • National Beverage • Celsius • Reed's • China WuYi Mountain • Coca-Cola European Partners • Coca Cola Femsa Sab De CV • Andina Bottling • Mexican Economic Development ...

Former names

Coca Cola Bottling Co Consolidated

SEC CIK

0000317540

Corporate docs

Articles of Incorporation & Bylaws

IRS number

560950585

COKE stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

5 May 20

10 Jul 20

29 Dec 20

News

Company financial data Financial data

Chart COKE financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	1.17B	1.18B	1.27B	1.27B
Net income	15.6M	-8.26M	15.55M	16.86M
Diluted EPS		-1.08	1.38	1.64
Net profit margin	1.33%	-0.70%	1.22%	1.32%
Operating income	32.82M	39.54M	53.85M	67.21M
Net change in cash	38.13M	3.63M	297K	-2.81M
Cash on hand	47.75M	9.61M	5.99M	5.69M
Cost of revenue	767.73M	765.76M	838.81M	837.88M

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 14
Revenue	4.83B	4.63B	4.32B	1.75B
Net income	18.56M	-15.16M	102.85M	36.08M
Diluted EPS	1.21	-2.13	10.3	3.37
Net profit margin	0.38%	-0.33%	2.38%	2.07%
Operating income	180.75M	57.9M	101.55M	85.97M
Net change in cash	-3.93M	-3.35M	7.81M	-2.67M
Cash on hand	9.61M	13.55M	16.9M	9.1M
Cost of revenue	3.16B	3.07B	2.78B	1.04B

Financial data from company earnings reports

Recent insider trades

COKE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
10 May 19	John W Murrey III	Common Stock	Sell	Dispose S	No	380.7586	500	190.38K	0
10 May 19	John W Murrey III	Common Stock	Sell	Dispose S	No	378.45	500	189.23K	500
5 Mar 19	Harrison J Frank Iii	Class B Common Stock Common Stock	Payment of exercise	Dispose F	No	248.42	15,476	3.84M	390,620
5 Mar 19	Harrison J Frank Iii	Class B Common Stock Common Stock	Grant	Aquire A	No	0	34,700	0	406,096

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

COKE institutional ownership history Ownership history

50.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	169	199	-15.1%
Opened positions	14	24	-41.7%
Closed positions	44	23	+91.3%
Increased positions	49	63	-22.2%
Reduced positions	62	55	+12.7%

13F shares	Current	Prev Q	Change
Total value	2.17B	3.08B	-29.7%
Total shares	3.62M	3.73M	-2.8%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK BlackRock	671.59K	$140.05M	-4.7%
Vanguard	636.83K	$132.8M	+2.4%
N Price T Rowe Associates	362.46K	$75.58M	+18.1%
Dimensional Fund Advisors	256.71K	$53.53M	-1.5%
Advisor	162.98K	$248K	NEW
Diversified Trust	158.15K	$32.98M	0.0%
STT State Street	144.16K	$30.06M	+5.2%
GS The Goldman Sachs Group, Inc.	96.11K	$20.04M	-8.4%
Geode Capital Management	89.07K	$18.57M	-10.7%
Cramer Rosenthal MCGLYNN	84.91K	$17.71M	+78.1%

Largest transactions	Shares	Bought/sold	Change
Advisor	162.98K	+162.98K	NEW
Norges Bank	0	-72.58K	EXIT
N Price T Rowe Associates	362.46K	+55.49K	+18.1%
Cramer Rosenthal MCGLYNN	84.91K	+37.24K	+78.1%
BLK BlackRock	671.59K	-33.22K	-4.7%
FIL	0	-30.65K	EXIT
MNGPF Man	12.62K	-28.68K	-69.4%
Jacobs Levy Equity Management	25.86K	-21.58K	-45.5%
MS Morgan Stanley	12.83K	-17.29K	-57.4%
FHI Federated Hermes	3.45K	-15.73K	-82.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

PepsiCo

Management Discussion

The Company’s results of operations for the first quarter of 2020 and the first quarter of 2019 are summarized in the table below and discussed in the following paragraphs.
•$3.9 million in pre-tax unfavorable mark-to-market adjustments related to the Company’s commodity hedging program.
•$0.7 million recorded in other expense, net as a result of an increase in the fair value of the Company’s acquisition related contingent consideration liability.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

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From filing 10-Q 2020 Q1