Coca-Cola Bottling (COKE, Financial) experienced a significant stock price increase of 3.18%, reaching $1,300 per share. The trading volume was 20,867 shares, with a turnover rate of 0.24% and a price fluctuation of 2.00%.
Recent financial reports revealed that Coca-Cola Bottling achieved a revenue of $1.766 billion, 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 22.37. Currently, no institutional ratings have been provided for the stock in terms of buy, hold, or sell recommendations.
Within the soft drink industry, the overall increase was 0.81%. Notable stock performers included Zevia Pbc, National Beverage Corp., and Safety Shot, Inc., which showed significant gains. Active stocks in the sector were Celsius Holdings, Inc., Zevia Pbc, and Safety Shot, Inc., with turnover rates of 2.25%, 1.82%, and 1.12%, respectively. Stocks with notable price fluctuations included Safety Shot Inc C/Wts 30/10/2025 (To Pur Com), Zevia Pbc, and Safety Shot, Inc., with fluctuations of 32.60%, 16.15%, and 9.93%, respectively.
Coca-Cola Bottling operates by purchasing beverage concentrates and syrups, then producing, packaging, marketing, and distributing non-alcoholic beverages to retailers in the U.S. The company holds licenses from The Coca-Cola Company to sell and distribute products in specific regions, including parts of North Carolina, South Carolina, West Virginia, Alabama, Georgia, Tennessee, Virginia, Indiana, and Kentucky. The non-alcoholic beverage segment is the primary revenue driver for the company.
