Why Coca-Cola Consolidated Stock Popped Today
Shares of Coca-Cola Consolidated (NASDAQ: COKE), America's largest independently owned bottler of Coca-Cola (and 35%-owned by The Coca-Cola Company itself, according to data from S&P Global Market Intelligence), jumped 9% through 9:55 a.m. ET this morning after the company reported earnings last night.
Image source: Getty Images.
Despite shipping slightly lower volumes of soda (down 1%), the Coca-Cola bottler reported sales growth of 3%, a 4% increase in gross profit, and a 5% increase in operating profit for the second quarter of 2025. This implies that both prices and profit margins increased.
Source Fool.com
