Mission Statement, Vision, & Core Values (2024) of Coca-Cola Consolidated, Inc. (COKE)

Mission Statement, Vision, & Core Values (2024) of Coca-Cola Consolidated, Inc. (COKE)

US | Consumer Defensive | Beverages - Non-Alcoholic | NASDAQ

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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 Framework

Coca-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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