Coca-Cola Bottling Co. Consolidated (COKE) Tops Q1 EPS by 12c

Coca-Cola Bottling Co. Consolidated (NASDAQ: COKE) reported Q1 EPS of $0.55, $0.12 better than the analyst estimate of $0.43. Revenue for the quarter came in at $453.3 million, versus $388.6 million reported last year.

Frank Harrison, Chairman and CEO, said, “With a busy first quarter behind us, Coke Consolidated is off to a great start to the year. We are pleased with the manner in which we have integrated the new territories and our first quarter results are representative of the great work our employees have done in executing our strategic plans. In addition to territory in Johnson City, Morristown and Knoxville, Tennessee which we transitioned in 2014, we successfully transitioned the operations in Cleveland and Cookeville, Tennessee; Evansville, Indiana; and Louisville, Kentucky in the first quarter of 2015. With the recent transitions of territory in Lexington, Pikeville and Paducah, Kentucky on May 1, 2015, we are very excited to see the continued growth of our Company and the dedication of our employees to leave a lasting legacy is truly inspirational.”

For earnings history and earnings-related data on Coca-Cola Bottling Co. Consolidated (COKE) click here.

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