Coca-Cola Consolidated, Inc. $COKE reported second-quarter 2026 revenue of $2.1 billion, up 10.6% from a year earlier, driven by stronger top-line growth across the business. Gross profit rose to $778.4 million, while operating profit was essentially flat year over year at $271.3 million.
Net income attributable to common shareholders declined to $158.8 million, but diluted earnings per share increased 10.7% to $2.38. The company also generated $215.4 million in cash from operating activities, highlighting continued operating cash generation.
On the cost side, cost of sales climbed 14.5% to $1.3 billion, outpacing gross profit growth and pressuring bottom-line results. Capital spending totaled $84.2 million for property, plant and equipment purchases, while cash and equivalents ended the period at $171.7 million.
- Revenue: $2.1 billion, up 10.6%
- Gross profit: $778.4 million, up 4.8%
- Net income: $158.8 million, down 15.2%
- Diluted EPS: $2.38, up 10.7%
- Operating cash flow: $215.4 million, up 3.5%
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Coca-Cola Consolidated, Inc. Hedge Fund Activity
We have seen 286 institutional investors add shares of Coca-Cola Consolidated, Inc. stock to their portfolio, and 219 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 416,702 shares (-99.7%) from their portfolio in Q1 2026, for an estimated $79,898,441
- CAPTRUST FINANCIAL ADVISORS added 360,319 shares (+3693.7%) to their portfolio in Q1 2026, for an estimated $69,087,565
- BOSTON PARTNERS added 275,530 shares (+13.7%) to their portfolio in Q2 2026, for an estimated $52,604,187
- GEODE CAPITAL MANAGEMENT, LLC added 199,544 shares (+14.2%) to their portfolio in Q1 2026, for an estimated $38,260,566
- AQR CAPITAL MANAGEMENT LLC removed 161,911 shares (-11.2%) from their portfolio in Q1 2026, for an estimated $31,044,815
- BLACKROCK, INC. added 156,373 shares (+3.1%) to their portfolio in Q1 2026, for an estimated $29,982,959
- DIMENSIONAL FUND ADVISORS LP removed 143,325 shares (-12.8%) from their portfolio in Q1 2026, for an estimated $27,481,135
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Coca-Cola Consolidated, Inc. Government Contracts
We have seen $1,379,545 of award payments to $COKE over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- 4569356725!POWERADE MTN BLAST, 2.5 GL BIB, SODA: $10,026
- 4570777327!PWRADE MT BLAST, 5 GL BIB, SODA: $7,800
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.