Coca-Cola Consolidated Q1 net sales rise on higher volume, pricing actions

Coca-Cola Consolidated

06/05/2026 21:19

Overview

US beverage bottler's Q1 net sales rose 17%, adjusted net sales up 9% yr/yr

Gross margin declined due to higher aluminum costs despite gross profit rising 16%

Income from operations climbed 25%, but adjusted operating income rose just 2%

Outlook

Company expects fiscal 2026 capital expenditures to be about $300 mln

Company says fourth quarter 2026 will include six fewer days than fourth quarter 2025

Coca-Cola Consolidated says it is navigating cost pressures and market volatility

Result Drivers

VOLUME AND PRICING - Net sales growth was primarily driven by higher volume and annual pricing actions, as well as the timing of the Easter holiday

ALUMINUM COST PRESSURE - Gross margin declined mainly due to increased aluminum costs from geopolitical conflicts, supply constraints and higher import tariffs

CATEGORY MIX IMPACT - Still category price/mix was negatively affected by increased Dasani water volume and slowing Protein segment due to supply constraints

Company press release: ID:nGNX3PLrCv

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
$1.85 bln
Q1 Net Income
$111.56 mln
Q1 Gross Margin
39.40%
Q1 Gross Profit
$727.10 mln
Q1 Income from Operations
$237.50 mln
Q1 Operating Margin
12.90%
Q1 Pretax Profit
$151.22 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)