Logo provided. Coca-Cola Consolidated Inc. lifted its Q4 and FY sales and earnings, boosted by price increases, according to an earnings report. Highlights include: Net sales increased 12%, from $1.4 billion in Q4 2021 to $1.57 billion in Q4 2022, driven primarily by price increases. On a comparable basis, physical case volume declined 2.1%, which included a decline in sparkling and still categories of 0.5% and 6.2%, respectively.
Net income rose from $19.1 million to $118.4 million in the comparative quarters. Net income in the fourth quarter was once again adversely impacted by fair value adjustments to acquisition related […]
Full Post at www.vendingtimes.com