Quarterly ResultAug 5, 2026, 04:14 PM
Coca-Cola Consolidated Q2 Net Sales +10.6% to $2.1B; Volume +7.6%
AI Summary
Coca-Cola Consolidated reported strong second-quarter 2026 results with net sales increasing 10.6% to $2.1 billion and volume growing 7.6%, driven by events like America250™ and the FIFA World Cup. However, GAAP income from operations remained flat at $271.3 million, and net income decreased 15.2% to $158.8 million, primarily due to higher aluminum costs impacting gross margins, increased interest expense, and non-cash fair value adjustments. The company also focused on strengthening its balance sheet by paying down $275 million of debt in the first half of the year.
Key Highlights
- Q2 2026 Net Sales increased 10.6% to $2,052.4 million.
- Q2 2026 Volume grew 7.6% year-over-year.
- Q2 2026 Gross Profit was $778.4 million, up 4.8% year-over-year.
- Q2 2026 Income from Operations was $271.3 million, flat year-over-year.
- Q2 2026 Net Income decreased 15.2% to $158.8 million.
- Gross margin in Q2 2026 decreased 210 basis points to 37.9%.
- Repaid $275 million of debt in the first half of 2026.
- SD&A expenses increased 7.8% to $507.1 million in Q2 2026.
Price Impact
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