Coca-Cola Bottling (COKE) Stock Surges Amid Strong Financial Performance

Author's Avatar
Feb 10, 2025
Article's Main Image

Coca-Cola Bottling (COKE, Financial) experienced a significant stock price increase of 2.12%, reaching $1400.65 per share. The trading volume was 13,411 shares with a turnover rate of 0.15% and a price fluctuation of 2.42%.

Recent financial reports reveal that Coca-Cola Bottling achieved $1.766 billion in revenue, a net profit of $116 million, and earnings per share of $13.20. The company's gross profit stood at $697 million, with a price-to-earnings ratio of 24.28. Currently, no institutional ratings are available for buy, hold, or sell recommendations.

Within the soft drink industry, where Coca-Cola Bottling operates, the overall growth was 0.25%. Notable performers in the sector include Safety Shot Inc, The Vita Coco Company, Inc., and Monster Beverage, with significant gains. Other active stocks like Celsius Holdings, Inc., Safety Shot, Inc., and The Vita Coco Company, Inc. showed turnover rates of 1.69%, 0.85%, and 0.83%, respectively. Stocks with considerable price fluctuations included Safety Shot, Inc. at 12.72%, Zevia Pbc at 5.69%, and The Vita Coco Company, Inc. at 4.90%.

Coca-Cola Bottling Company, primarily operating in the non-alcoholic beverage sector, sells, produces, and distributes Coca-Cola products under license in several U.S. regions, including parts of North Carolina, South Carolina, West Virginia, Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The company is divided into two operating segments, with the non-alcoholic beverage segment contributing the majority of its revenue.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.