Coca-Cola Consolidated Inc. is a company in the non-cyclical consumer sector, classified within the non-alcoholic beverages industry, founded by J. B. Harrison.
Positioned as the largest independent bottler of products from The Coca-Cola Company in the United States, the company operates a business model centered on the production, distribution, and commercialization of soft drinks, juices, teas, and bottled water.
Its product portfolio includes Coca-Cola, Diet Coke, Sprite, Fanta, Dasani, Smartwater, Vitaminwater, Powerade, Monster Energy, and other beverages licensed by The Coca-Cola Company.
Responsible for distributing Coca-Cola products across more than 14 states, Coca-Cola Consolidated operates in multiple U.S. regions, primarily in the Southeast, Mid-Atlantic, and Midwest.
Through an extensive distribution and logistics network, the company serves retailers, supermarkets, convenience stores, restaurants, and distributors, while investing in process automation, digitalization, and new marketing strategies.
The operational structure includes manufacturing facilities, distribution centers, and its own logistics fleet. The company also adopts sustainability practices, including recycling initiatives, water-efficiency programs, and carbon-emission reduction measures.
Technological advancements in the beverage industry have driven the adoption of recyclable packaging, product reformulation, and a stronger digital presence in consumer engagement.
With a workforce of 15,800 employees, the company maintains an organizational culture focused on innovation, sustainability, and excellence in customer service.
Its growth strategy includes portfolio expansion, new commercial partnerships, and investments in technology aimed at strengthening its market position.
Coca-Cola Consolidated Inc. is traded on Nasdaq under the ticker COKE.
History and Foundation
Coca-Cola Consolidated Inc. was founded in 1902 in the United States by J. B. Harrison, with the goal of expanding the distribution of beverages produced by The Coca-Cola Company.
Operations began in Charlotte, North Carolina, where the company started bottling and distributing soft drinks to local retailers, operating as one of Coca-Cola’s key regional partners.
As demand for Coca-Cola beverages increased, the company invested in building new manufacturing plants, expanding its transportation fleet, and acquiring smaller bottlers, thereby strengthening its market presence.
During the 1950s and 1960s, the company entered a new growth phase, supported by the rising popularity of carbonated beverages in the United States.
The introduction of new packaging formats—such as cans and PET bottles—and the diversification of its product portfolio stimulated consumption, generating the need for logistical expansion and operational improvements.
The company’s initial public offering (IPO) took place in 1972, enabling access to capital for infrastructure expansion, automation, and innovation.
In the decades that followed, Coca-Cola Consolidated expanded its operating territory through the acquisition of new bottling franchises, becoming the largest independent Coca-Cola bottler in the United States.
Between 2000 and 2010, the company strengthened its commitment to sustainability and operational efficiency, investing in cleaner production technologies, packaging recycling, and supply-chain optimization.
The period between 2020 and 2024 presented significant challenges, including shifting consumer preferences, demand for healthier beverage alternatives, and the accelerated digitalization of the market.
Additional Information
The Company Coca-Cola Consolidated Inc. (United States), is listed on Nasdaq with a market cap of $ 14.05 Billions, having an equity of $ 1.64 Billion.
With a total of 15.800 employees, the company is listed in the sector of Consumer/Non-Cyclical and categorized in industry of Beverages (Nonalcoholic).
In the last 12 months the Company had a revenue of $ 7.07 Billions, which generated a profit in the amount of $ 612.28 Millions.
As for its main indicators, the Company has a P/E ratio of 22.95, a P/BV ratio of 8.59 and in the last 12 months the dividend yield of COKE was at 0.62%.
The Company is traded internationally through the ticker COKE.