Coca-Cola Consolidated, Inc. (COKE) Form 8-K — Aug 5, 2026
Coca-Cola Consolidated (NASDAQ: COKE) reported Q2 2026 net sales of $2.05 billion, up 10.6% year over year, on 7.6% case volume growth, with management crediting demand tied to America250 and the FIFA World Cup plus annual pricing actions. Profitability moved the other way: net income fell 15.2% to $158.8 million and gross margin compressed 210 basis points to 37.9%, as roughly $45 million of extra aluminum costs — driven by tariffs, geopolitical conflicts and supply constraints — outpaced pricing and left operating income essentially flat at $271.3 million.
Key figures
- Eps
- Q2 2026 diluted $2.38 (vs $2.15 prior year); H1 2026 diluted $4.06 (vs $3.34)
- Revenue
- 2052420000
- Guidance
- Fiscal 2026 capital expenditures expected to be approximately $300 million
- Net Income
- 158821000
- Total Debt
- $2,513.1 million (long-term $2,413.1M plus $100.0M current portion)
- Revenue Yoy
- 10.6%
- Total Assets
- 4432475000
- Cash Position
- 171687000
- H1 capex
- $147 million
- H1 net sales
- $3,899.1 million (+13.5%)
- H1 net income
- $270.4 million (-7.1%)
- Q2 gross margin
- 37.9% (-210 bps)
- Q2 gross profit
- $778.4 million (+4.8%)
- Q2 volume growth
- 7.6%
- Q2 operating income
- $271.3 million (-0.3%)
- H1 operating cash flow
- $420.6 million
- Q2 adjusted net income
- $187.7 million (-3.8%)
- Q2 volume cases millions
- 97.6
- Q2 aluminum cost headwind
- ~$45 million
- Extra selling days h1 2026
- 6
- Ytd early term loan repayments
- $275 million
Price after filing
Close on the filing date to close N calendar days later (from $181.00). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.