Coca cola Consolidated Inc (COKE) |
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Coca Cola Consolidated Inc's Customers Performance
COKE
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COKE's Source of Revenues |
Coca Cola Consolidated Inc's Corporate Customers have recorded an advance in their cost of revenue by 3.38 % in the 4 quarter 2023 year on year, sequentially costs of revenue were trimmed by -13.33 %. During the corresponding time, Coca Cola Consolidated Inc recorded revenue increase by 3.74 % year on year, sequentially revenue fell by -4.67 %. While revenue at the Coca Cola Consolidated Inc 's corporate clients recorded rose by 1.61 % year on year, sequentially revenue fell by -13.93 %.
• List of COKE Customers
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Coca Cola Consolidated Inc's Customers have recorded an advance in their cost of revenue by 3.38 % in the 4 quarter 2023 year on year, sequentially costs of revenue were trimmed by -13.33 %, for the same period Coca Cola Consolidated Inc recorded revenue increase by 3.74 % year on year, sequentially revnue fell by -4.67 %.
• List of COKE Customers
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Customers Net Income fell in Q4 by |
Customers Net margin fell to % |
-56.06 % |
2.83 % |
Coca Cola Consolidated Inc's Comment on Sales, Marketing and Customers
Our products are sold and distributed directly to retail stores and other outlets,
including food markets, institutional accounts and vending machine outlets.
Approximately 68% of our bottle/can volume to retail customers was sold for
future consumption. The remaining bottle/can volume to retail customers of approximately
32% was sold for immediate consumption, primarily through dispensing machines
owned either by the Company, retail outlets or third party vending companies.
Our largest customer, Wal-Mart Stores, Inc., accounted for approximately 22%
of our total bottle/can volume to retail customers and our second largest customer,
Food Lion, LLC, accounted for approximately 7% of our total bottle/can volume
to retail customers. Wal-Mart Stores, Inc. and Food Lion, LLC accounted for
approximately 15% and 5% of the Company’s total net sales, respectively.
The loss of either Wal-Mart Stores, Inc. or Food Lion, LLC as customers could
have a material adverse effect on the operating and financial results of the
Company. All of our beverage sales are to customers in the United States.
New product introductions, packaging changes and sales promotions have been
the primary sales and marketing practices in the nonalcoholic beverage industry
in recent years and have required and are expected to continue to require substantial
expenditures. Brand introductions from the Company and The Coca-Cola Company
in recent years include Tum-E Yummies, Coca-Cola Zero, Dasani flavors, Coca-Cola
Life, Full Throttle and Gold Peak tea products. New packaging introductions
include the 253 ml bottle, the 1.25-liter bottle, the 7.5-ounce sleek can, the
2-liter contour bottle for Coca-Cola products, and the 16-ounce bottle/24-ounce
bottle package.
We sell our products primarily in nonrefillable bottles and cans, in varying
proportions from market to market. For example, there may be as many as 23 different
packages for Diet Coke within a single geographic area.
Advertising in various media, primarily television and radio, is relied upon
extensively in the marketing of our products. The Coca-Cola Company, Monster
Energy Company and Dr Pepper Snapple Group, Inc. (collectively, the “Beverage
Companies”) make substantial expenditures on advertising in the Legacy
Territories and Expansion Territories. We have also benefited from national
advertising programs conducted by the Beverage Companies. In addition, we expend
substantial funds on our own behalf for extensive local sales promotions of
our products. Historically, these expenses have been partially offset by marketing
funding support the Beverage Companies provide to us in support of a variety
of marketing programs, such as point-of-sale displays and merchandising programs.
While the Beverage Companies have provided us with marketing funding support
in the past, our bottling agreements generally do not obligate the Beverages
Companies to do so.
The substantial outlays we make for marketing and merchandising programs are
generally regarded as necessary to maintain or increase revenue, and any significant
curtailment of marketing funding support provided by the Beverage Companies
for marketing programs which benefit us could have a material adverse effect
on our operating and financial results.
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Coca Cola Consolidated Inc's Comment on Sales, Marketing and Customers
Our products are sold and distributed directly to retail stores and other outlets,
including food markets, institutional accounts and vending machine outlets.
Approximately 68% of our bottle/can volume to retail customers was sold for
future consumption. The remaining bottle/can volume to retail customers of approximately
32% was sold for immediate consumption, primarily through dispensing machines
owned either by the Company, retail outlets or third party vending companies.
Our largest customer, Wal-Mart Stores, Inc., accounted for approximately 22%
of our total bottle/can volume to retail customers and our second largest customer,
Food Lion, LLC, accounted for approximately 7% of our total bottle/can volume
to retail customers. Wal-Mart Stores, Inc. and Food Lion, LLC accounted for
approximately 15% and 5% of the Company’s total net sales, respectively.
The loss of either Wal-Mart Stores, Inc. or Food Lion, LLC as customers could
have a material adverse effect on the operating and financial results of the
Company. All of our beverage sales are to customers in the United States.
New product introductions, packaging changes and sales promotions have been
the primary sales and marketing practices in the nonalcoholic beverage industry
in recent years and have required and are expected to continue to require substantial
expenditures. Brand introductions from the Company and The Coca-Cola Company
in recent years include Tum-E Yummies, Coca-Cola Zero, Dasani flavors, Coca-Cola
Life, Full Throttle and Gold Peak tea products. New packaging introductions
include the 253 ml bottle, the 1.25-liter bottle, the 7.5-ounce sleek can, the
2-liter contour bottle for Coca-Cola products, and the 16-ounce bottle/24-ounce
bottle package.
We sell our products primarily in nonrefillable bottles and cans, in varying
proportions from market to market. For example, there may be as many as 23 different
packages for Diet Coke within a single geographic area.
Advertising in various media, primarily television and radio, is relied upon
extensively in the marketing of our products. The Coca-Cola Company, Monster
Energy Company and Dr Pepper Snapple Group, Inc. (collectively, the “Beverage
Companies”) make substantial expenditures on advertising in the Legacy
Territories and Expansion Territories. We have also benefited from national
advertising programs conducted by the Beverage Companies. In addition, we expend
substantial funds on our own behalf for extensive local sales promotions of
our products. Historically, these expenses have been partially offset by marketing
funding support the Beverage Companies provide to us in support of a variety
of marketing programs, such as point-of-sale displays and merchandising programs.
While the Beverage Companies have provided us with marketing funding support
in the past, our bottling agreements generally do not obligate the Beverages
Companies to do so.
The substantial outlays we make for marketing and merchandising programs are
generally regarded as necessary to maintain or increase revenue, and any significant
curtailment of marketing funding support provided by the Beverage Companies
for marketing programs which benefit us could have a material adverse effect
on our operating and financial results.
COKE's vs. Customers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Coca cola Consolidated Inc |
7,909.96 |
6,653.71 |
408.38 |
7,600 |
Restaurant Brands International Limited Partnershi |
0.00 |
7,072.00 |
1,708.00 |
6,900 |
Mcdonald s corporation |
206,606.49 |
25,493.70 |
8,468.80 |
200,000 |
Walmart Inc |
493,103.62 |
611,289.00 |
11,292.00 |
2,300,000 |
Target Corporation |
80,848.37 |
107,412.00 |
4,138.00 |
450,000 |
The Kroger Co |
41,252.50 |
147,797.00 |
1,881.00 |
420,000 |
Costco Wholesale Corp |
325,595.51 |
248,828.00 |
6,794.00 |
304,000 |
Host Hotels and Resorts Inc |
14,664.81 |
5,311.00 |
752.00 |
160 |
Berkshire Hathaway Inc |
492,047.10 |
349,271.00 |
77,710.00 |
0 |
Chipotle Mexican Grill inc |
81,014.06 |
9,871.65 |
1,228.74 |
97,660 |
Darden Restaurants Inc |
20,169.98 |
11,013.10 |
1,008.30 |
178,956 |
Cinemark Holdings Inc |
2.75 |
2,998.60 |
110.30 |
24,700 |
Marcus Corp |
535.62 |
731.00 |
9.78 |
7,500 |
Noodles and Company |
84.48 |
509.48 |
-3.31 |
0 |
SUBTOTAL |
1,755,925.29 |
1,527,597.53 |
115,097.61 |
3,989,876 |
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