COKE Coca-Cola Bottling Co. Consolidated featured news, full reports, and detailed charts
Coca-Cola Bottling Co. Consolidated (COKE) Wrap Up:
Coca-Cola Bottling Co. Consolidated, a Delaware corporation (together with its majority-owned subsidiaries, the “Company”), produces, markets and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company, Atlanta, Georgia (“The Coca-Cola Company”) which include some of the most recognized and popular beverage brands in the world. The Company, which was incorporated in 1980, and its predecessors have been in the nonalcoholic beverage manufacturing and distribution business since 1902. Since 2000, the Company has placed significant emphasis on new product innovation and product line extensions as a strategy to increase overall revenue. The Company is the second largest Coca-Cola bottler in the United States. The Coca-Cola Company currently owns approximately 27.2% of the Company’s total outstanding Common Stock and Class B Common Stock on a combined basis. J. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f13%2f0000950144-08-001899.html#FIS_BUSINESS"Coca-Cola Bottling Co. Consolidated (COKE:NASDAQ)
Snapshot of Coca-Cola Bottling Co. Consolidated (COKE)
|
OPEN
$45.87
|
PREVIOUS CLOSE
$45.87
|
|
|
DAY HIGH
$46.28
|
DAY LOW
$45.87
|
|
|
52 WEEK HIGH
06/26/09 - $58.18
|
52 WEEK LOW
11/20/08 - $35.76
|
|
|
MARKET CAP
422.0M
|
AVERAGE VOLUME 3 mo
18.1K
|
|
|
DILUTED EPS TTM
$4.08
|
SHARES OUTSTANDING
9.2M
|
|
|
EX-DATE
11/5/09
|
P/E TTM
11.3x
|
|
|
DIVIDEND
$1.00
|
DIVIDEND YIELD
2.17%
|
|
| K = Thousands M = Millions B = Billions | ||
related news
COKE Top Compensated Officers
Executives, Board Directors
Key developments for Coca-Cola Bottling Co. Consolidated (COKE)
Coca-Cola Bottling Co. Consolidated reported consolidated earnings results for the third quarter and nine months of 2009. For the quarter, the company reported net income attributable to company of $15.4 million or basic net income per share of $1.68 basic and diluted share in the third quarter of 2009 compared to a Net loss attributable to company of $3.1 million or $0.34 per basic and diluted share in the third quarter of 2008. The third quarter of 2009 results included $0.5 million of mark-to-market after-tax gains ($0.8 million on a pre-tax basis) due to the company's fuel and aluminum hedging programs and also included $5.4 million in tax benefits which reduced the company's effective tax rate to 6.3%. The company reported net sales of $374.6 million compared to $381.6 million for the same quarter a year ago. Income from operations was $26.3 million and income before income taxes of $17.4 million compared to income from operations of $6.4 million and loss before income taxes of $3 million for the same quarter a year ago. For the nine months, the company reported net income attributable to company of $36.1 million or $3.93 per diluted share on net sales of $1,088.6 million compared to net income attributable to company of $7.7 million or $0.84 per diluted share on net sales of $1,115.2 million for the same period a year ago. The results for the first nine months of 2009 included $4.4 million of mark-to-market after-tax gains ($7.3 million on a pre-tax basis) due to the hedging programs and also included $7.1 million in tax benefits which reduced the company's effective tax rate to 24.8%. Income from operations was $78.1 million and income before income taxes of $50.1 million compared to income from operations of $46.3 million and income before income taxes of $16.5 million for the same period a year ago.
Coca-Cola Bottling Co. Consolidated announced that the Board of Directors has declared a dividend for the fourth quarter of 2009 of $0.25 per share on shares of the company's Common Stock and Class B Common Stock payable on November 20, 2009 to shareholders of record as of the close of business on November 9, 2009.
Coca-Cola Bottling Co. Consolidated announced unaudited consolidated financial results for the second quarter and six months of 2009. The company announced net income attributable to the company of $12.2 million, or diluted net income per share of $1.32, in the second quarter of 2009 compared to $15.2 million, or diluted net income per share of $1.65, in the second quarter of 2008. The results for the second quarter of 2009 included mark-to-market after tax income of $2.7 million ($4.4 million on a pre-tax basis), or basic net income per share of $0.29, from the company's fuel and aluminum hedging programs. The company reported income from operations of $30.678 million and income before income taxes of $20.743 million on net sales of $377.749 million compared to income from operations of $36.207 million and income before income taxes of $26.258 million on net sales of $396.003 million for the same period of last year. For the first six months of 2009, the company reported net income attributable to the company of $20.7 million, or diluted net income per share of $2.25, compared to net income of $10.8 million, or basic and diluted net income per share of $1.18, for the first six months of 2008. The results for the first six months of 2009 included mark-to-market after tax income of $4.3 million ($6.5 million on a pre-tax basis), or basic net income per share of $0.46, from the company's hedging programs. The company reported income from operations of $51.819 million and income before income taxes of $32.626 million on net sales of $714.010 million compared to income from operations of $39.882 million and income before income taxes of $19.499 million on net sales of $733.677 million for the same period of last year.
COKE Competitors
| Company | Last | Change |
| Cott Corporation | C$8.99 CAD | +0.10 |
| Hansen Natural Corp | $35.42 USD | +0.31 |
| National Beverage Corp | $10.83 USD | 0.00 |
| PepsiAmericas Inc | $29.57 USD | +0.10 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | COKE | Industry Range |
| Price/Earnings | 11.3x |
|
| Price/Sales | 0.3x |
|
| Price/Book | 3.9x |
|
| Price/Cash Flow | 11.2x |
|
| TEV/Sales | NM | Not Meaningful |
|
COKE |
||
COKE transactions
| Type Date |
Target |
|
Bankruptcy
July 12, 2009 |
Bashas', Inc. |
More Recent News About Coca-Cola Bottling Co. Consolidated
More news for COKE
Coca-Cola Bottling Co. Consolidated Reports Third Quarter 2009 Results
             Coca-Cola Bottling Co. Consolidated CONSOLIDATED STATEMENTS OF OPERATIONS In Thousands (Except Per Share Data)   Third Quarter First Nine Months ...Click here to read the whole Article (external link)
COCA COLA BOTTLING CO CONSOLIDATED /DE/ Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations. The following Management's Discussion and Analysis of Financial Condition and Results of Operations ("M,D&A") should be read in conjunction with Coca-Cola Bottling Co. Consolidated's (the "Company") consolidated financial statements and the accompanying notes to the consolidated financial statements. M,D&A includes the following sections: • Our Business and the Nonalcoholic Beverage Industry - a general description of the Company's business and the nonalcoholic beverage industry. • Areas of Emphasis - a summary of the Company's key priorities. • Overview of Operations and Financial Condition - a summary of key information and trends concerning the financial results for the third quarter of 2009 ("Q3 2009") and the first nine months of 2009 ("YTD 2009") and changes from the third quarter of 2008 ("Q3 2008") and the first nine months of 2008 ("YTD 2008"). • Discussion of Critical Accounting Policies, Estimates and New Accounting Pronouncements - a discussion of accounting policies that are most important to the portrayal of the Company's financial condition and results of operations and that require critical judgments and estimates and the expected impact of new accounting pronouncements. • Results of Operations - an analysis of the Company's results of operations for Q3 2009 and YTD 2009 compared to Q3 2008 and YTD 2008. • Financial Condition - an analysis of the Company's financial condition as of the end of Q3 2009 compared to year-end 2008 and the end of Q3 2008 as presented in the consolidated financial statements. • Liquidity and Capital Resources - an analysis of capital resources, cash sources and uses, investing activities, financing activities, off-balance sheet arrangements, aggregate contractual obligations and hedging activities. • Caution...Click here to read the whole Article (external link)
Coke Consolidated swings to 3Q gain
ONLINE: home | business news | small business | sales & marketing | real estate | events | community | careers | city guide | advertise | about us | rss PRINT: subscribe | renew | advertise | book of lists | business intelligence | classifieds | ...Click here to read the whole Article (external link)
New Star Analyst Rankings for Coca-Cola Bottling Co. Consolid
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
COCA COLA BOTTLING CO CONSOLIDATED /DE/ Files SEC form 8-K, Results of Operations and Financial Condition
Show all filings for COCA COLA BOTTLING CO CONSOLIDATED /DE/ | Request a Trial to NEW EDGAR Online Pro Form 8-K for COCA COLA BOTTLING CO CONSOLIDATED /DE/ 9-Nov-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information pro...Click here to read the whole Article (external link)
New statewide water task force is focusing on 3 fronts at once
Water is a finite resource. It is critical to our environment, our quality of life and our economic success. The limited availability of water is why Georgia has been in negotiations with Alabama and Florida for nearly 20 years. And it was the impetus for the passage of a statewide water management plan last year. While our state’s leaders have been rightly focused on addressing Georgia’s long-term water needs, a federal judge’s ruling has created the need for more immediate action. U.S. District Judge Paul Magnuson ruled that in July 2012, absent congressional or other action, Lake Lanier will no longer be a viable source of water for the 3.5 million Georgians who depend on it today. Should this ruling go into effect, we will be faced with a tremendous water shortage that could jeopardize our state’s future. Gov. Sonny Perdue has responded to this decision with a multipronged strategy that includes continued negotiations with Alabama and Florida, seeking congressional assistance and a legal appeal. While he is hopeful that these strategies will be successful, the governor has also created a Water Contingency Task Force to focus on the acute need created should the ruling stand. This diverse, statewide task force, made up of more than 80 business, government and conservation leaders, began its work last month. Assisted by a technical team comprised of some of Georgia’s top engineers and water experts, it will spend the next few weeks researching, analyzing and ultimately prioritizing a list of recommendations for Perdue and the General Assembly to consider. Feasibility, cost and overall impact on Georgia’s environment and water supply will be critical factors, as will how various recommendations will work within the state’s current water plan. At its first meeting last month, the task force established three areas of focus —- enhancing current conservation efforts, increasing the...Click here to read the whole Article (external link)
COCA COLA BOTTLING CO CONSOLIDATED /DE/ Financials
PERIOD ENDING27-Sep-0928-Jun-0929-Mar-0928-Dec-08Total Revenue374,556 377,749 336,261 348,375 Cost of Revenue217,236 217,622 189,132 200,794 Gross Profit157,320 160,127 147,129 147,581 Operating ExpensesResearch Development - - - - Selling General and Administrative131,024 129,449 125,988 134,428 Non Recurring - - - - Others - - - - Total Operating Expenses - - - - Operating Income or Loss26,296 30,678 21,141 13,153 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes26,296 30,678 21,141 12,487 Interest Expense8,866 9,935 9,258 9,812 Income Before Tax17,430 20,743 11,883 2,675 Income Tax Expense1,043 7,825 3,060 1,259 Minority Interest(1,982) - - (666)Net Income From Continuing Ops14,405 12,918 8,823 1,416 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - ...Click here to read the whole Article (external link)
Coke sees big growth through 2020
Coca-Cola Co. expects to more than double system revenue and global daily servings in the next 12 years. These long-term goals were announced Monday as the world’s largest beverage company outlined what it called “2020 Vision” to a group of analysts and media in downtown Atlanta. It was the first investor conference for the company in Atlanta since 1998 and the first for Muhtar Kent as the head of Coca-Cola. He took the titles of chairman and CEO in 2009 and 2008, respectively. Despite the current soft worldwide economy and recent volume declines in North America, Kent said growth in the middle class and urban areas around the globe will boost the ready-to-drink beverage business through 2020. The Coca-Cola system, which includes Coca-Cola and its bottling partners, are poised to capture a large slice of the new business, he said. Coke and its bottlers have a far-flung network that’s in both developed nations and emerging markets, such as Brazil, India and China, which are likely to fuel much of the growth. “In a growing world of refreshment, ladies and gentlemen. The opportunities before us are tremendous,” Kent told the audience. The company will spur growth through both its core Coke carbonated soft drinks and non-carbonated beverages, such as juices and teas, he said. Coca-Cola will use targeted messaging to reach consumers in an increasingly fragmented media market, Kent said. While a few great TV commercials might have been the goal before, the company’s latest campaign, tagged “Open Happiness,” will use the “power of a fully integrated global campaign that works on many different levels,” he said. ...Click here to read the whole Article (external link)