COKE Q1 2023 Earnings — Coca-Cola Consolidated, Inc. Revenue & Financial Results | Market Cap Arena

COKECoca-Cola Consolidated, Inc.

$17B

Q1 2023 Earnings

Consumer Defensive Beverages - Non-Alcoholic

Income Statement

Revenue

$1.6B+11.9% YoY

Gross Profit

$624M39.7% margin

Operating Income

$206M13.1% margin

Net Income

$118M7.5% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$185M

Free Cash Flow

$132M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$290M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.4B	+11.9%
Gross Profit	$624M	$508M	+23.0%
Operating Income	$206M	$131M	+57.3%
Net Income	$118M	$93M	+26.5%

Revenue Segments

Nonalcoholic Beverage Segment

$1.5B94%

Other Segments

$92M6%