Coca-Cola Consolidated reported second quarter results ending July 3, 2026, with net sales increasing 10.6% to $2.05 billion and volume up 7.6%. Gross profit rose 4.8% to $778 million, though gross margin contracted by 210 basis points to 37.9% due to approximately $45 million in elevated aluminum costs from geopolitical conflicts and tariffs. Operating income remained flat at $271 million, while net income declined 15.2% to $158.8 million, impacted by higher interest expense and non-cash fair value adjustments. For the first half of fiscal 2026, net sales grew 13.5% to $3.9 billion, operating income increased 10.2% to $509 million, and net income fell 7.1% to $270.4 million. The company repaid $275 million in term loans year-to-date and expects full-year capital expenditures of approximately $300 million. Coca-Cola Consolidated is the largest Coca-Cola bottler in the United States, manufacturing, selling, and distributing beverages across 14 states.