Logotype for Coca-Cola Consolidated Inc

Coca-Cola Consolidated (COKE) investor relations material

Coca-Cola Consolidated Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Coca-Cola Consolidated Inc
Q2 2025 earnings summary24 Jul, 2025

Executive summary

  • Net sales rose 3.3% to $1.86B in Q2 2025 and 1.4% to $3.44B in the first half, driven by higher pricing and favorable product mix, despite volume declines due to fewer selling days and softness in certain categories.

  • Gross profit increased 3.6% to $742.5M in Q2, with gross margin up 10 bps to 40.0%, aided by annual price increases and product mix shifts.

  • Net income for Q2 was $187.4M, up 8.4% year-over-year; adjusted net income was $195.2M, up 1.2%. First half net income declined 14% to $291.0M, with adjusted net income down 6.7% to $331.4M, impacted by non-cash fair value adjustments.

  • Operating income rose 5.0% to $272.1M in Q2, but fell 2.7% to $461.9M for the first half, with two fewer selling days accounting for about $10M of the decline.

  • Cash flow from operations was $406.2M in the first half, down from $437.1M, with $157M invested in capital expenditures.

Financial highlights

  • Q2 2025 net sales: $1.86B (+3.3% YoY); gross profit: $742.5M (+3.6% YoY); operating income: $272.1M (+5.0% YoY); net income: $187.4M (+8.4% YoY).

  • First half 2025 net sales: $3.44B (+1.4% YoY); gross profit: $1.37B (+0.9% YoY); operating income: $461.9M (-2.7% YoY); net income: $291.0M (-14.0% YoY).

  • Adjusted net income for Q2: $195.2M (+1.2% YoY); for first half: $331.4M (-6.7% YoY).

  • Q2 EPS: $2.15 (basic and diluted); first half EPS: $3.34 (basic and diluted), both retroactively adjusted for stock split.

  • Cash and cash equivalents at June 27, 2025: $1.22B; short-term investments: $350.2M.

Outlook and guidance

  • Capital expenditures for 2025 expected to be approximately $300M, focused on supply chain optimization and growth investments.

  • Management anticipates continued focus on top-line growth, margin management, and investments in workforce and supply chain.

  • Sufficient capital is available to finance business plans and maintain capital spending for at least the next 12 months.

  • Anticipates annual acquisition-related contingent consideration payments of $50M–$80M over the next five years.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Coca-Cola Consolidated earnings date

Logotype for Coca-Cola Consolidated Inc
Q3 2025
LIVE
29 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Coca-Cola Consolidated Inc. is the largest independent bottler of Coca-Cola beverages in the United States. The company produces, markets, and distributes a wide range of non-alcoholic beverages, including soft drinks, water, sports drinks, and energy drinks, under various Coca-Cola brands. Coca-Cola Consolidated serves retailers, restaurants, and other commercial outlets across its distribution territories, primarily in the southeastern and mid-Atlantic regions. In addition to Coca-Cola products, the company also handles other beverage brands through distribution agreements. The company is headquartered in Charlotte, North Carolina, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage