Quarterly ResultMay 6, 2026, 04:25 PM
Coca-Cola Consolidated Q1 Net Sales +16.9% to $1.85B; EPS $1.68
AI Summary
Coca-Cola Consolidated reported strong first-quarter 2026 results, with net sales increasing 16.9% to $1.85 billion and income from operations rising 25.1% to $237.5 million. Basic net income per share grew to $1.68. However, adjusted net income decreased by 12.3%, and gross margin declined due to increased aluminum costs and geopolitical conflicts, which outpaced pricing actions. The quarter included six additional days, impacting reported results.
Key Highlights
- Net sales increased 16.9% to $1.85 billion; adjusted net sales rose 8.5%.
- Gross profit grew 15.9% to $727.1 million; adjusted gross profit increased 6.6%.
- Income from operations was $237.5 million, up 25.1%; adjusted income from operations increased 2.2%.
- Net income rose 7.7% to $111.6 million; adjusted net income decreased 12.3% to $119.5 million.
- Basic net income per share was $1.68, up from $1.19 in Q1 2025.
- Total volume increased 13.4%; adjusted volume grew 6.4%.
- Sparkling bottle/can sales increased 16.7% to $1.09 billion.
- Still bottle/can sales increased 18.9% to $605.1 million.
Price Impact
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