Coca-Cola Consolidated reports Q3 2026 results

Item 2.02. Results of Operations and Financial Condition.

On November 4, 2026, Coca-Cola Consolidated, Inc. (the "Company") issued a news release reporting its financial results for the third quarter ended October 2, 2026 and the first nine months of fiscal 2026.¹ A copy of the news release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description Incorporated by Reference or Filed/Furnished Herewith

99.1 News release issued on November 4 , 2026, reporting the Company's financial results for the third quarter ended Oc tober 2 , 2026 and the first nine mo nths of fiscal 2026.²

Furnished herewith.²

104 Cover Page Interactive Data File – the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. Filed herewith.

The information in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934³, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

COCA-COLA CONSOLIDATED, INC.

Date: November 4, 2026

By: /s/ Matthew J. Blickley

Matthew J. Blickley

Chief Financial Officer and Chief Accounting Officer

News Release

Coca-Cola Consolidated Reports

Third Quarter and First Nine Months 2026 Results

■ Third quarter of 2026 net sales increased 5% versus the third quarter of 2025.

■ Gross profit in the third quarter of 2026 was $772 million, an increase of 3% (a) .

■ Income from operations for the third quarter of 2026 was $272 million, an increase of $25 million, or 10% . Operating margin for the third quarter of 2026 increased 60 basis points to 13.7% .

■ For the first nine months of 2026, income from operations was $780 million, an increase of $72 million, or 10%; adjusted (b) income from operations increased 5%.

Key Results

Third Quarter

First Nine Months

(in millions) 2026 2025 Change 2026 2025 Change

Volume (1)

Beverage Sales Third Quarter

First Nine Months

(1) Volume is measured on a standard physical case basis and is used to standardize differing package configurations delivered via direct store delivery.

Third Quarter and First Nine Months 2026 Review

CHARLOTTE, November 4, 2026 – Coca‑Cola Consolidated, Inc. (NASDAQ: COKE) today reported operating results for the third quarter ended October 2, 2026 and the first nine months of fiscal 2026.

"Our third quarter results reflect the strength of our business and the dedication of our teammates to serving our customers and consumers every day," said J. Frank Harrison, III, Chairman and Chief Executive Officer. "Our net sales growth reflects a healthy balance of volume and price which, combined with our focus on local execution, continues to position us for long-term growth. We remain committed to investing for the long term, including the addition of our new glass bottle production line in Indianapolis, while continuing to strengthen our balance sheet. This year, through October, we have reduced our debt by $450 million."

Volume increased 1.4% in the third quarter of 2026 and 7.1% in the first nine months of 2026.⁸ On an adjusted (b) basis, volume increased 5.1% in the first nine months of 2026. Our Sparkling category volume increased 1.5% in the third quarter of 2026 and 6.7% in the first nine months of 2026, or 4.6% on an adjusted (b) basis. Sparkling volume growth was led by our zero-sugar and flavor offerings. Still category volume increased 1.2% in the third quarter of 2026 and 8.5% in the first nine months of 2026, or 6.6% on an adjusted (b) basis. The Still category volume growth was driven by strong performance primarily from our Energy and Protein products. In addition, we estimate the shift in timing of the Fourth of July holiday reduced total volume by approximately 1.0% in the third quarter of 2026 compared to the third quarter of 2025.

Net sales increased 5.4% to $2.0 billion in the third quarter of 2026. The growth in net sales was primarily the result of annual pricing actions with additional contribution from higher volumes. Sparkling and Still net sales increased 4.4% and 6.8%, respectively, in the third quarter of 2026 compared to the third quarter of 2025. The increase in Sparkling category net sales was driven primarily by sales of multi-pack, take-home aluminum can packages sold within our large store, club and value channels. Net sales of our Still products were especially strong in our convenience and value store channels. Volume mix in Still products contributed to the revenue growth as Energy and Protein products made up more of the sales growth in the quarter.⁹

Gross profit in the third quarter of 2026⁹ was $771.6 million, an increase of $23.1 million, or 3.1%. On an adjusted (b) basis, gross profit increased $20.4 million, or 2.7%. Gross margin in the third quarter of 2026 decreased 80 basis points to 38.8%. Adjusted (b) gross margin in the third quarter of 2026 decreased 100 basis points to 38.6%. The annual price increases we executed earlier this year across our portfolio have helped to offset a portion of the higher commodity and supply chain costs experienced during the third quarter of 2026. However, the growth in certain supply chain and commodity costs, in particular aluminum and fuel, has outpaced our price incre