Group 1 - The article highlights a surprising double-digit return opportunity found in Coca-Cola, a well-established blue-chip company [1] - Triba Research aims to identify high-quality businesses with sustainable, long-term double-digit returns, focusing on companies with competitive advantages, low debt, and skilled management [2] - The firm operates with a concentrated portfolio strategy, selecting 10 to 15 carefully chosen securities to generate alpha [2]

Core Viewpoint - Coca-Cola Consolidated, Inc. has received stockholder approval for a 10-for-1 stock split, which is expected to enhance stock accessibility for a wider range of investors [1][2]. Group 1: Stock Split Details - The 10-for-1 stock split will result in stockholders receiving nine additional shares for each share of Common Stock or Class B Common Stock held, with trading on a split-adjusted basis expected to begin on or about May 27, 2025 [1]. - The stock split was contingent upon stockholder approval of an amendment to the Company's Restated Certificate of Incorporation, which was successfully approved at the Annual Meeting of Stockholders on May 13, 2025 [2]. Group 2: Company Overview - Coca-Cola Consolidated, Inc. is the largest Coca-Cola bottler in the United States, serving approximately 60 million consumers across 14 states and the District of Columbia with a portfolio of over 300 brands and flavors [5]. - The company has a long-standing commitment to its consumers, customers, and communities, emphasizing its purpose to honor God, serve others, pursue excellence, and grow profitably [5].

Grand Opening Showcases New Facilities and Economic Impact to AreaCHARLOTTE, N.C., May 15, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated is pleased to announce a $90 million investment in a new 400,000-square-foot distribution and warehouse facility, and two 15,000 square-feet buildings to house equipment repair services and fleet maintenance in Columbus, Ohio. The new 60-acre campus is part of the Rickenbacker Industrial Center located on Rohr Road. Through innovative sustainability processes, new techno ...

With its share price trading well over $1,100 throughout 2025 so far, I doubt anyone was surprised when Coca- Cola Consolidated announced in March that its board of directors approved a 10-for-1 stock split. This split isn't a done deal quite yet, though. It must first be approved by shareholders at the annual meeting on May 13, 2025. Assuming all goes to plan, Coca-Cola Consolidated's shares will probably begin to trade an a split-adjusted basis on May 27, 2025. Coca-Cola Consolidated stock plunged after i ...

Core Viewpoint - Coca-Cola Consolidated's stock experienced a significant decline following disappointing Q1 earnings, with a 12% drop in share price despite a positive market backdrop [1][2]. Financial Performance - The company reported earnings per share of $11.87 on revenue of $1.58 billion for the quarter, with revenue down 0.7% year over year [3]. - The decline in revenue was attributed to two fewer sales days compared to the previous year, affecting overall sales performance [3]. - Gross profit margin decreased from 40.2% to 39.7%, and gross profit fell by 2% year over year [3]. - Operating income for the quarter was $190 million, reflecting a 12% year-over-year decline [3]. Volume and Pricing Dynamics - Unit volume fell by 6.6% year over year, necessitating pricing increases to maintain revenue levels [4]. - Adjusting for the two fewer sales days, the volume decline would have been 4.5% year over year [4]. - While pricing increases stabilized revenue, they were insufficient to prevent a decline in gross margin [5]. Future Outlook - Continued declines in unit volume could negatively impact future earnings, despite the potential for moderate pricing increases [5].

Exhibit 99.1 News Release Coca-Cola Consolidated Reports First Quarter 2025 Results Key Results | | First Quarter | | | | --- | --- | --- | --- | | (in millions) | 2025 | 2024 | Change | | (1) Volume | 76.7 | 82.1 | (6.6)% | | Net sales | $1,580.0 | $1,591.6 | (0.7)% | | Gross profit | $627.1 | $640.6 | (2.1)% | | Gross margin | 39.7 % | 40.2 % | | | Income from operations | $189.8 | $215.4 | (11.9)% | | Operating margin | 12.0 % | 13.5 % | | | Beverage Sales | First Quarter | | | | (in millions) | 2025 | 2 ...

Core Insights - Coca-Cola Consolidated, Inc. reported a decline in key financial metrics for the first quarter of 2025, including net sales and income from operations, attributed to fewer selling days and changes in distribution methods [3][5][10]. Financial Performance - Volume decreased by 6.6% in Q1 2025 compared to Q1 2024, with two fewer selling days accounting for approximately 2.1% of this decline [4][5]. - Net sales fell by 0.7% to $1.58 billion, negatively impacted by the two fewer selling days, which accounted for about $40 million or 2.5% of the change [5][7]. - Gross profit decreased by 2.1% to $627.1 million, with a gross margin of 39.7%, down 50 basis points from the previous year [7][8]. - Income from operations was $189.8 million, a decrease of 11.9% from $215.4 million in Q1 2024, with the two fewer selling days contributing approximately $10 million to this decline [10][11]. Beverage Sales - Sparkling beverage sales decreased by 1.9%, while still beverage sales saw a smaller decline of 0.5% compared to the previous year [6]. - The decline in Sparkling category sales was partially due to softness in the Coca-Cola Original Taste brand, although other core products showed solid growth [6][9]. - Excluding Dasani, net sales in the Still category increased by 1.8%, driven by growth in sports drinks and enhanced water products [6]. Operating Expenses - Selling, delivery, and administrative (SD&A) expenses increased by 2.9% to $437.3 million, with SD&A as a percentage of net sales rising to 27.7% [9][10]. - The increase in SD&A expenses was primarily due to higher labor costs and inflationary pressures [9]. Cash Flow and Investments - Cash flows from operations for Q1 2025 were $198.2 million, compared to $194.3 million in Q1 2024 [12]. - The company invested approximately $98 million in capital expenditures during the quarter, with expectations of around $300 million for the fiscal year 2025 [12].

CHARLOTTE, N.C., April 16, 2025 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will issue a news release after the market closes on April 30, 2025 to announce its operating results for the first quarter ended March 28, 2025. CONTACTS: Brian K. Little (Media)Matt Blickley (Investors)Vice President, Corporate Communications OfficerExecutive Vice President, Chief Financial Officer and Chief Accounting Officer(980) 378-5537(704) 557-4910Brian.Little@cokeconsolidated.comMatt.Blickley@cokeconsoli ...

Core Insights - The article emphasizes the investment philosophy focused on small cap companies, highlighting the importance of identifying mispriced securities through understanding financial drivers and utilizing DCF model valuation [1] Investment Philosophy - The investment approach is not confined to traditional categories such as value, dividend, or growth investing, but rather considers all prospects of a stock to assess risk-to-reward [1]

Core Points - Coca-Cola Consolidated, Inc. announced a 10-for-1 stock split for its Common Stock and Class B Common Stock, pending stockholder approval [1][2] - The stockholder approval for the amendment to the Company's Restated Certificate of Incorporation will be sought at the Annual Meeting on May 13, 2025 [2] - If approved, stockholders of record as of May 16, 2025, will receive 9 additional shares for each share held, with distribution expected around May 23, 2025 [3] - The shares are anticipated to begin trading on a split-adjusted basis on or about May 27, 2025 [3] - The Chairman and CEO expressed that the stock split aims to enhance accessibility for a broader range of investors, reflecting the company's strong financial performance and increased investor interest [4] Company Overview - Coca-Cola Consolidated, Inc. is the largest Coca-Cola bottler in the United States, serving approximately 60 million consumers across 14 states and the District of Columbia [5] - The company has been operational for over 123 years, focusing on a diverse portfolio of beverages and services [5] - The company's purpose emphasizes honoring God, serving others, pursuing excellence, and achieving profitable growth [5]