Coca Cola Consolidated, Inc. (COKE) reported fourth quarter net income of $178.95 million or 20.46 per share, up from $75.84 million or $8.08 per share in the fourth quarter of 2023. Net income for the fourth quarter of 2024 benefited from routine, non-cash fair value adjustments to acquisition related contingent consideration liability, driven primarily by an increase to the discount rate used to compute the fair value of the liability.
On an adjusted basis, net income in the fourth quarter of 2024 was $156.7 million, compared to $125.5 million in the fourth quarter of 2023, an increase of $31.1 million.
Net sales increased 7.1% to $1.7 billion in the fourth quarter of 2024.
Volume was up 1.3% in the fourth quarter of 2024. On a comparable basis, volume decreased 0.9% as compared to the fourth quarter of 2023.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.