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

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Coca-Cola Bottling Co. Consolidated Reports First Quarter 2015 Results

May 5, 2015 4:10 PM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Coca-Cola Bottling Co. Consolidated (NASDAQ: COKE) today announced it earned $2.2 million, or basic net income per share of $0.24, on net sales of $453.3 million for the first quarter of 2015, compared to net income of $2.4 million, or basic net income per share of $0.26, on net sales of $388.6 million for the first quarter of fiscal 2014.

The first quarter of 2015 results included:

$53.3 million in net sales and $1.8 million of after-tax operating income ($2.9 million on a pre-tax basis) related to distribution territories acquired during 2014 and 2015,... More