Quarterly ResultAug 5, 2026, 04:29 PM
Coca-Cola Consolidated Q2 EPS $2.38, Net Sales Up 10.6%
AI Summary
Coca-Cola Consolidated reported mixed results for the second quarter and first half of 2026. Net sales increased by 10.6% to $2.05 billion in Q2 2026 and by 13.5% to $3.90 billion in H1 2026 compared to the prior year. However, net income decreased by 15.2% in Q2 and 7.1% in H1, primarily due to significantly higher interest expenses and mark-to-market adjustments. Diluted EPS for Common Stock rose by 10.7% to $2.38 in Q2 and by 21.6% to $4.06 in H1, largely benefiting from a substantial reduction in outstanding shares following the $2.40 billion repurchase from The Coca-Cola Company in November 2025.
Key Highlights
- Q2 2026 diluted EPS for Common Stock increased 10.7% to $2.38 from $2.15 in Q2 2025.
- Q2 2026 net sales rose 10.6% to $2.05 billion from $1.86 billion in Q2 2025.
- Q2 2026 net income decreased 15.2% to $158.8 million from $187.4 million in Q2 2025.
- First half 2026 diluted EPS for Common Stock increased 21.6% to $4.06 from $3.34 in H1 2025.
- First half 2026 net sales grew 13.5% to $3.90 billion from $3.44 billion in H1 2025.
- First half 2026 net income decreased 7.1% to $270.4 million from $291.0 million in H1 2025.
- Weighted average Common Stock shares outstanding decreased to 56.5 million in Q2 2026 from 77.0 million in Q2 2025.
- Company repurchased $2.40 billion of Common Stock from The Coca-Cola Company in November 2025.
Price Impact
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