Coca-Cola Consolidated, Inc. (COKE)

In the past six months, Coca-Cola Consolidated, Inc. experienced notable stock movements and corporate actions. As of November 21, 2025, the share price had increased. In May 2025, the company announced a 10-for-1 stock split. The first quarter of 2025 saw a decrease in net sales and income from operations compared to the first quarter of 2024, partly attributed to fewer selling days and the timing of the Easter holiday, but the company generated strong operating cash flow.

Demand for Coca-Cola Consolidated's products generally exhibits seasonality, with summer typically being a major sales period. The company focuses on creating year-round consumption occasions to reduce reliance on peak summer sales. Historically, for COKE stock, October has shown a tendency to favor a long bias.

Coca-Cola Consolidated, Inc. is the largest independent Coca-Cola bottler in the United States, operating in the Consumer Packaged Goods sector, specifically in the Soda Production industry. The company produces and sells a comprehensive portfolio of non-alcoholic beverages, including sparkling and still beverages, such as Coca-Cola, Diet Coke, Sprite, Fanta, bottled water, juices, sports drinks, ready-to-drink teas and coffees, and energy drinks. Coca-Cola Consolidated also distributes products from other partner companies, such as Dr Pepper.

The company serves a broad geographic market across 14 states and the District of Columbia, primarily in the Southeast, Midwest, and Mid-Atlantic regions of the United States, reaching approximately 60 million consumers. Specific states include North Carolina, South Carolina, Alabama, Georgia, Tennessee, and Virginia. The company's headquarters are located in Charlotte, North Carolina.

In the past year, Coca-Cola Consolidated has maintained a positive brand reputation, being named Beverage Industry's 2025 Bottler of the Year. Coca-Cola Consolidated actively engages in community involvement, including packing hygiene and care kits, emergency food boxes, and supporting public school teachers. The company also emphasizes sustainability through initiatives like promoting recycling and water reuse practices. In August 2025, Coca-Cola Consolidated issued an "Important Update on Recent False Accusations."

Coca-Cola Consolidated, Inc. has a diverse ownership structure, with significant institutional and individual holdings. Institutional investors collectively hold approximately 44% to 45% of the company's shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Boston Partners, State Street Corp, Diversified Trust Co, First Trust Advisors Lp, Aqr Capital Management Llc, and Geode Capital Management, Llc. The Coca-Cola Company owns 22% of shares outstanding. J. Frank Harrison III, the company's Chairman and CEO, holds a significant stake, representing approximately 86% of the total voting power. Retail investors hold approximately 64.43% of the stock.