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Coca-Cola Bottling posts 4Q profit

CHARLOTTE, N.C. (AP) _ Coca-Cola Bottling Co. (COKE) on Wednesday reported fourth-quarter profit of $21.4 million.

The Charlotte, North Carolina-based company said it had profit of $2.30 per share. Earnings, adjusted for gains related to mergers and acquisitions, came to 72 cents per share.

The Coca-Cola bottler posted revenue of $841.6 million in the period.

For the year, the company reported profit of $50.1 million, or $5.36 per share. Revenue was reported as $3.16 billion.

Coca-Cola Bottling shares have fallen 2.5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $174.35, a decline of 2 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COKE at https://www.zacks.com/ap/COKE


Keywords: Coca-Cola Bottling, Earnings Report