EX-99.1 2 cokeq12025ex-991.htm EX-99.1 Document Exhibit 99.1 News Release Coca-Cola Consolidated Reports First Quarter 2025 Results ■ Net sales in the first quarter of 2025, which had two fewer selling days compared to the first quarter of 2024, decreased 1%(a). ■ Gross profit in the first quarter of 2025 was $627 million, a decrease of 2% versus the first quarter of 2024. Gross margin in the first quarter of 2025 decreased by 50 basis points to 39.7%. ■ Income from operations for the first quarter of 2025 was $190 million, a decrease of $26 million, or 12%, versus the first quarter of 2024. Key Results First Quarter (in millions) 2025 2024 Change ──────────────────────────────────────────────────────────────────────── Volume(1) 76.7 82.1 (6.6)% Net sales $1,580.0 $1,591.6 (0.7)% Gross profit $627.1 $640.6 (2.1)% Gross margin 39.7% 40.2% Income from operations $189.8 $215.4 (11.9)% Operating margin 12.0%…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Coca-Cola Consolidated, Inc.
COKENASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On April 30, 2025, Coca-Cola Consolidated, Inc. (the “Company”) issued a news release reporting its financial results for the first quarter ended March 28, 2025. A copy of the news release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
Company context
Headquartered in Charlotte, N.C., Coca‑Cola Consolidated (NASDAQ: COKE) is the largest Coca‑Cola bottler in the United States. We make, sell and distribute beverages of The Coca‑Cola Company, and other partner companies, in more than 300 brands and flavors across 14 states and the District of Columbia, to approximately 60 million consumers. For over 124 years, we have been deeply committed to the consumers, customers and communities we serve and passionate about the broad portfolio of beverages and services we offer. Our Purpose is to honor God in all we do, to serve others, to pursue excellence and to grow profitably.