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Coca-Cola Consolidated | 10-Q: Q2 2024 Earnings Report

Coca-Cola Consolidated | 10-Q: Q2 2024 Earnings Report

可口可乐装瓶 | 10-Q:2024财年二季报
美股SEC公告 ·  2024/08/01 04:17

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Coca-Cola Consolidated reported strong Q2 2024 financial results with net sales increasing 3.3% to $1.80 billion, driven by higher pricing despite a 1.2% decline in physical case volume. Gross profit rose 7% to $716.7 million with gross margin improving 130 basis points to 39.9%. Net income surged 41% to $172.8 million compared to $122.3 million in Q2 2023.Operating performance remained robust with income from operations growing 11% to $259.1 million. Selling, delivery and administrative expenses increased 4.5% to $457.6 million, primarily due to higher labor costs from annual wage adjustments and inflation. The company maintained strong operational efficiency with SD&A expenses at 25.5% of net sales.The company strengthened its financial position by completing a $1.2 billion bond issuance and maintaining $1.70 billion in cash and cash equivalents. Capital expenditures reached $159.4 million as the company continued investing in supply chain optimization and future growth. Management expects full-year 2024 capital expenditures between $300-350 million, focusing on enhancing supply chain capabilities and digital transformation.
Coca-Cola Consolidated reported strong Q2 2024 financial results with net sales increasing 3.3% to $1.80 billion, driven by higher pricing despite a 1.2% decline in physical case volume. Gross profit rose 7% to $716.7 million with gross margin improving 130 basis points to 39.9%. Net income surged 41% to $172.8 million compared to $122.3 million in Q2 2023.Operating performance remained robust with income from operations growing 11% to $259.1 million. Selling, delivery and administrative expenses increased 4.5% to $457.6 million, primarily due to higher labor costs from annual wage adjustments and inflation. The company maintained strong operational efficiency with SD&A expenses at 25.5% of net sales.The company strengthened its financial position by completing a $1.2 billion bond issuance and maintaining $1.70 billion in cash and cash equivalents. Capital expenditures reached $159.4 million as the company continued investing in supply chain optimization and future growth. Management expects full-year 2024 capital expenditures between $300-350 million, focusing on enhancing supply chain capabilities and digital transformation.
可口可乐装瓶发布了2024年第二季度的强劲财务业绩,净销售额增加了3.3%,达到了18亿美金,尽管实物箱的成交量下降了1.2%,但仍受到价格上涨的推动。毛利润增长了7%,达到了71670万美金,毛利率提高了130个基点,达到了39.9%。净利润相比2023年第二季度的12230万美金激增了41%,达到了17280万美金。运营表现依然强劲,营业收入增长了11%,达到了25910万美金。销售、交付和行政费用增加了4.5%,达到了45760万美金,主要是由于年度薪资调整和通货膨胀导致的劳动力成本上升。公司保持了强劲的运营效率,销售、交付和行政费用占净销售额的25.5%。公司通过完成12亿美金的债券型发行并保持17亿美金的现金及现金等价物来加强其财务状况。资本支出达到了15940万美金,因为公司持续投资于供应链优化和未来增长。管理层预计2024年全年的资本支出将在30000万至35000万美金之间,重点提升供应链能力和数字化转型。
可口可乐装瓶发布了2024年第二季度的强劲财务业绩,净销售额增加了3.3%,达到了18亿美金,尽管实物箱的成交量下降了1.2%,但仍受到价格上涨的推动。毛利润增长了7%,达到了71670万美金,毛利率提高了130个基点,达到了39.9%。净利润相比2023年第二季度的12230万美金激增了41%,达到了17280万美金。运营表现依然强劲,营业收入增长了11%,达到了25910万美金。销售、交付和行政费用增加了4.5%,达到了45760万美金,主要是由于年度薪资调整和通货膨胀导致的劳动力成本上升。公司保持了强劲的运营效率,销售、交付和行政费用占净销售额的25.5%。公司通过完成12亿美金的债券型发行并保持17亿美金的现金及现金等价物来加强其财务状况。资本支出达到了15940万美金,因为公司持续投资于供应链优化和未来增长。管理层预计2024年全年的资本支出将在30000万至35000万美金之间,重点提升供应链能力和数字化转型。
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