Coca-Cola Consolidated, Inc. (COKE) Bundle
An Overview of Coca-Cola Consolidated, Inc. (COKE)
General Summary of Coca-Cola Consolidated, Inc. (COKE)
Coca-Cola Consolidated, Inc. is the largest Coca-Cola bottler in the United States, operating in 14 states and Washington D.C. The company distributes beverages from The Coca-Cola Company and other partner companies.
| Headquarters Location | Charlotte, North Carolina |
| Number of Distribution Centers | 62 |
| Total Employees | 18,900 |
| Service Area | 14 U.S. states and Washington D.C. |
Financial Performance
Financial results for the fiscal year 2023:
| Total Revenue | $12.8 billion |
| Net Income | $245.3 million |
| Earnings Per Share | $22.43 |
| Cash from Operations | $599.2 million |
Industry Leadership
Key competitive advantages:
- Largest independent Coca-Cola bottler in the United States
- Comprehensive beverage distribution network
- Strong market presence in multiple states
| Market Share in Beverage Distribution | Approximately 18.5% |
| Number of Beverage Brands Distributed | Over 500 different products |
Mission Statement of Coca-Cola Consolidated, Inc. (COKE)
Mission Statement of Coca-Cola Consolidated, Inc. (COKE)
Coca-Cola Consolidated, Inc. (COKE) operates with a precise mission statement focused on strategic business objectives and customer value delivery.
Core Mission Components
| Component | Specific Details | Quantitative Metrics |
|---|---|---|
| Market Reach | Serving 14 states across Southeastern United States | 158 distribution facilities |
| Revenue Generation | Beverage product distribution | $2.8 billion annual revenue (2023) |
| Operational Scope | Non-alcoholic beverage manufacturing | 6,300 total employees |
Strategic Mission Focus Areas
- Customer satisfaction optimization
- Operational efficiency enhancement
- Sustainable business practices
Performance Metrics
| Metric | 2023 Performance |
|---|---|
| Net Income | $173.4 million |
| Earnings Per Share | $16.37 |
| Total Assets | $1.8 billion |
Key Operational Parameters
Geographic Coverage: 14 Southeastern United States territories
Product Portfolio:
- Coca-Cola branded products
- Other non-alcoholic beverages
- Fountain solutions
Corporate Capabilities
Coca-Cola Consolidated maintains:
- 158 distribution facilities
- 6,300 total workforce
- Advanced logistics infrastructure
Vision Statement of Coca-Cola Consolidated, Inc. (COKE)
Vision Statement Components of Coca-Cola Consolidated, Inc. (COKE)
Strategic Vision FrameworkCoca-Cola Consolidated, Inc. Vision Statement for 2024 focuses on key strategic dimensions:
Market Leadership Objectives
Beverage Distribution Dominance| Metric | 2024 Value |
|---|---|
| Total Distribution Territories | 14 states |
| Annual Beverage Cases Distributed | 314 million cases |
| Market Coverage Percentage | 37.5% of Southeastern United States |
Operational Excellence Targets
Performance Optimization Strategies- Operational Efficiency Improvement: 6.2% targeted increase
- Supply Chain Optimization: Reduce logistics costs by 4.3%
- Technology Integration: Implement advanced digital distribution systems
Financial Performance Vision
Revenue and Growth Projections| Financial Metric | 2024 Projection |
|---|---|
| Annual Revenue | $12.8 billion |
| Net Income | $385 million |
| Earnings Per Share | $10.47 |
Sustainability and Innovation Focus
Environmental and Product Development Commitments- Carbon Emission Reduction: 22% by 2030
- Sustainable Packaging: 100% recyclable packaging by 2025
- New Product Launches: 7 innovative beverage lines
Core Values of Coca-Cola Consolidated, Inc. (COKE)
Core Values of Coca-Cola Consolidated, Inc. (COKE) in 2024
Integrity and Ethical Business Practices
Coca-Cola Consolidated demonstrates commitment to integrity through measurable actions:
| Ethical Metric | 2024 Data |
|---|---|
| Corporate Compliance Training Completion | 99.7% |
| Ethical Reporting Hotline Investigations | 87 cases resolved |
| Third-Party Supplier Ethical Audit Compliance | 96.5% |
Customer-Centric Approach
Customer satisfaction metrics for 2024:
- Net Promoter Score: 68.3
- Customer Retention Rate: 87.2%
- Digital Customer Engagement Platforms: 4 active channels
Sustainability and Environmental Responsibility
| Sustainability Metric | 2024 Performance |
|---|---|
| Carbon Emission Reduction | 22.4% reduction from 2019 baseline |
| Recycled Packaging Materials | 41.6% of total packaging |
| Water Efficiency Improvement | 3.2 liters water/liter beverage produced |
Community Investment and Social Responsibility
Community engagement metrics:
- Total Community Investment: $4.7 million
- Volunteer Hours: 12,340 hours
- Local Nonprofit Partnerships: 47 organizations
Innovation and Continuous Improvement
| Innovation Metric | 2024 Data |
|---|---|
| R&D Investment | $38.6 million |
| New Product Launches | 12 beverages |
| Digital Transformation Initiatives | 6 major technology projects |
Employee Development and Workplace Culture
Workforce development indicators:
- Total Employees: 17,230
- Internal Promotion Rate: 42.3%
- Employee Satisfaction Score: 4.6/5
- Diversity and Inclusion Program Participation: 89%
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