Coca-Cola Consolidated Inc
For the period ended Mar 29, 2024. Filed May 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 29, 2024 · Filed May 6, 2024
COKE$214.28+3.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
| First Quarter | ||
|---|---|---|
| (in thousands, except per share data) | 2024 | 2023 |
| Net sales | $1,591,626 | $1,571,642 |
| Cost of sales | 951,067 | 947,536 |
| Gross profit | 640,559 | 624,106 |
| Selling, delivery and administrative expenses | 425,153 | 418,052 |
| Income from operations | 215,406 | 206,054 |
| Interest (income) expense, net | (2,716) | 2,929 |
| Mark-to-market on acquisition related contingent consideration | (5,541) | 41,654 |
| Other expense, net | 828 | 2,269 |
| Income before taxes | 222,835 | 159,202 |
| Income tax expense | 57,094 | 41,075 |
| Net income | $165,741 | $118,127 |
| Basic net income per share: | ||
| Common Stock | $17.68 | $12.60 |
| Weighted average number of Common Stock shares outstanding | 8,369 | 8,369 |
| Class B Common Stock | $17.68 | $12.60 |
| Weighted average number of Class B Common Stock shares outstanding | 1,005 | 1,005 |
| Diluted net income per share: | ||
| Common Stock | $17.66 | $12.57 |
| Weighted average number of Common Stock shares outstanding – assuming dilution | 9,387 | 9,395 |
| Class B Common Stock | $17.46 | $12.51 |
| Weighted average number of Class B Common Stock shares outstanding – assuming dilution | 1,018 | 1,026 |
| Cash dividends per share: | ||
| Common Stock | $16.50 | $3.50 |
| Class B Common Stock | $16.50 | $3.50 |
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