Coca-Cola Consolidated's second quarter revenue rose 10.6% to $2.05B, beating estimates despite margin pressure.

Coca-Cola Consolidated reported second quarter 2026 net sales of $2.05 billion, a 10.6% increase year-over-year, and basic EPS of $2.39. The results surpassed consensus estimates for both revenue and earnings.

Key Highlights

• Net sales increased 10.6% to $2.05 billion, driven by a 7.6% rise in sales volume and favorable pricing.
• Gross margin declined 210 basis points to 37.9% from 40.0% in the prior year, as an approximate $45 million increase in aluminum costs offset pricing actions.
• Income from operations was $271.3 million, roughly flat compared to the prior-year quarter, as top-line growth was offset by higher input and operating expenses.