Coca-Cola Bottling (COKE) Tops Q2 EPS by 76c
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Coca-Cola Consolidated Reports Second Quarter and First Half 2022 Results
August 2, 2022 4:10 PM EDTSecond quarter of 2022 net sales increased 11% versus the second quarter of 2021, with physical case volume growth of 1.0%(a).Gross profit in the second quarter of 2022 was $551Â million, an increase of 11% versus the second quarter of 2021. Gross margin remained flat at 34.5%, while adjusted(b) gross margin improved by 90 basis points to 35.4%.Income from operations for the first half of 2022 was $278Â million, up $63Â million, or 29%, versus the first half of 2021.
Key Results
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