Why Coca-Cola Consolidated Stock Popped Today

Shares of The Coca-Cola Co.'s largest U.S. bottler, Coca-Cola Consolidated (NASDAQ: COKE), are up 5% as of 11 a.m. ET on Wednesday, according to data provided by S&P Global Market Intelligence.Coca-Cola Consolidated reported third-quarter earnings that saw sales, adjusted net income, and cash from operations (CFO) rise by 3%, 7%, and 10%, respectively, during the first nine months of the year.Overall, it was a solid quarter that saw gross margins, operating margins, and profit margins return to expansion again, prompting the market to respond positively today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool