04.11.2014 23:10:43
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Coca-Cola Bottling Co. Q3 Profit Decreases - Quick Facts
(RTTNews) - Coca-Cola Bottling Co. Consolidated (COKE) reported third-quarter net income to company of $12.1 million, or $1.30 per share, compared to $16.2 million, or $1.74 per share, for the third quarter of 2013. On a comparable basis, the company earned $13.7 million in the third quarter of 2014, or comparable net income per basic share of $1.48, and $13.7 million in the third quarter of 2013, or comparable net income per basic share of $1.49.
Net sales were $457.7 million, compared to $434.5 million, a year ago. Excluding net sales in the additional franchise territory the company acquired in late May 2014, net sales for the third quarter of 2014 were $445.9 million.
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