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Coca-Cola Consolidated
Coca-Cola Consolidated (COKE) investor relations material
Coca-Cola Consolidated Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary18 Feb, 2026
Executive summary
Achieved record revenue, gross profit, and operating income for both Q4 and fiscal year 2025, driven by strong execution and portfolio performance.
Volume grew 4.6% in Q4 2025 and 0.3% for the year, with Sparkling and Still categories both contributing to growth.
Q4 benefited from one extra selling day, while the full year had one fewer selling day compared to 2024.
Financial highlights
Q4 2025 net sales rose 9% year-over-year to $1.9 billion; full-year net sales up 4.8% to $7.2 billion.
Q4 gross profit increased 8.1% to $754 million; full-year gross profit up 4.3% to $2.87 billion.
Q4 income from operations grew 10.7% to $242 million; full-year income from operations up 3.3% to $951 million.
Q4 net income declined 23.3% to $137 million, but adjusted net income rose 0.7% to $158 million.
Full-year net income fell 9.9% to $571 million; adjusted net income down 1.5% to $668 million.
Q4 gross margin was 39.6% (down 40 bps); operating margin 12.7% (up 20 bps).
Outlook and guidance
Management expressed optimism for 2026, citing strong brand portfolio and upcoming major events like America250 and FIFA World Cup.
Fiscal 2026 capital expenditures expected to be about $300 million.
Q1 2026 will have six extra days, Q4 2026 will have six fewer days compared to 2025.
What drove Q4 gross margin reduction?
What impacted GAAP net income vs adjusted?
What was the impact of front-line wage investment?
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Next Coca-Cola Consolidated earnings date
Q1 20266 May, 2026
Coca-Cola Consolidated
Next Coca-Cola Consolidated earnings date
Q1 20266 May, 2026
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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.
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