Coca-Cola Bottling: 2Q Earnings Snapshot
CHARLOTTE, N.C. (AP) _ Coca-Cola Bottling Co. (COKE) on Tuesday reported second-quarter net income of $15.4 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $1.64. Earnings, adjusted for non-recurring costs, were $4.51 per share.
The Coca-Cola bottler posted revenue of $1.27 billion in the period.
Coca-Cola Bottling shares have increased 65% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $293.44, an increase of 93% in the last 12 months.