US: Q2 sales and income up at Coca-Cola Bottling
The North Carolina-based soft drinks bottler Coca-Cola Bottling Co. posted earnings for the second quarter of 2005 of US$11.5m, against US$10.6m in the second quarter of 2004.
The company said net income in the second quarter had been boosted by the impact of $3.7m after-tax, or US$.41 per share, in relation to the settlement of a class action lawsuit brought against producers of high fructose corn syrup, used in sweetening soft drinks.
Net sales rose by 7.2% to US$24.1m, reflecting a 1.5% increase in bottle and can volumes, a 2% increase in revenue per case and a 14% increase in contract sales to other bottlers. The company said the significant growth in contract sales was primarily due to the introduction of Coca-Cola's new energy drink, Full Throttle.
Coca-Cola Bottling Company Consolidated has declared a dividend for the fourth quarter of 2005 of US$0.25 per share on shares of the the North Carolina-based soft drinks company's common stock and cla...
Coca-Cola Bottling Co. has declared a dividend for the third quarter of 2005 of US$.25 per share on shares of the company's common stock and class B common stock payable on August 26, 2005, to shareho...
Coca-Cola Bottling Co. Consolidated has announced that it has closed its debenture exchange offer....
Coca-Cola Bottling Co. Consolidated has announced the expiration of the early participation period related to its offer to exchange new Senior Notes for debentures....
Coca-Cola Bottling Co. has seen its Q1 net income plunge....
Anheuser-Busch is the latest US drinks company to be hit by industrial action....
Workers at Coca-Cola bottling and distribution facilities in Hartford, Connecticut and the Los Angeles area are on strike....
Coca-Cola Bottling Co. Consolidated has entered into a new five-year revolving credit line....
- A Wild Geese, Pernod Ricard conspiracy theory?
- Can craft breweries compete in lager arena?
- Remy Cointreau's Q1 performance by brand, region
- SABMiller's Q1 2017 results - Preview
- Coca-Cola Beverages Africa - A new powerhouse
- New Hendrick's Gin would have to be "unusual"
- Diageo starts formal talks over UK pension cuts
- AB InBev faces US$7bn price rise for SABMiller
- Brown-Forman takes distribution in Spain in-house
- AB InBev halts VAIP incentive plan
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global travel retail insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends