Unit case volume is computed based on average daily sales. The unavailable information could have a significant impact on the companys full-year 2022 reported financial results. Price/mix grew 11% for the quarter, driven by pricing actions in the marketplace, favorable channel and package mix, along with the timing of deductions. In addition to its sparkling soft drinks, the company sells a large range of still beverages including water, enhanced water, juices and juice drinks, sports drinks, ready-to-drink teas, coffees and dairy and energy drinks. First quarter 2021 financial results were impacted by five additional days as compared to first quarter 2020, and fourth quarter 2021 financial results were impacted by six fewer days as compared to fourth quarter 2020. On an adjusted(a) basis, income from operations increased $133 million, or 43%. The companys value share in total NARTD beverages was even for the year, as strong underlying share gains in most markets were offset by the impact of negative geographic mix in the operating segment. Hey everyone! The decline in gross margin was driven primarily by the increased mix of Still beverages, which generally carry lower gross margins than Sparkling packages. For the quarter, concentrate sales were 10 points behind unit case volume. RICHMOND, Va., July 21, 2022--Performance Food Group Companys (PFG) (NYSE: PFGC) Contigo brand recently surpassed 2 million cases sold in one year, the fastest a PFG brand has reached that important milestone. Lauren Conrad just released her new fragrance at HSN, LOVED. Additionally, sales of single-serve products sold in small stores and other immediate consumption channels contributed to growth in our Sparkling category. In 2021, our system demonstrated resilience and flexibility by successfully navigating through another year of uncertainty, said James Quincey, Chairman and CEO of The Coca-Cola Company. http://ml.globenewswire.com/Resource/Download/3e255053-9e8f-4131-ad9d-a1211906faa0, Secret Service deleted Jan. 6 text messages after House requested them, Former clerk for Supreme Court Justice Clarence Thomas says he is a 'wonderful' person with 'originalist' views, but 'he will be judged for what he does as a justice', A US flyer tracked his lost luggage back to London and was told by American to go pick it up from the airport even though he was 4,000 miles away in North Carolina, Police investigating Chinese food vlogger who livestreamed herself eating an endangered baby shark, Family accusing Sesame Place of racism demands 'authentic' apology, firing of worker, Kirby Smart still doesn't want Florida-Georgia played in Jacksonville, Her dad died in 2006, but she kept collecting his benefits in Pennsylvania, feds say, Polio found in New York, the first case in US since 2013, Give your backyard the ultimate makeover with these products, Praesidium, a Utah Startup, Closes First Massive Commercial Deal, Progressives urge delivery companies to protect access to abortion meds, New York reports nation's first polio case in nearly a decade, Summer 2022 audition notices for Milwaukee area theater and music productions, Kamala Harris speaks in Charlotte + More layoffs in the region, PFGs Contigo Brand Passes 2 Million Case Milestone, The Crypto Mile: Polygon rise, crypto carbon emissions and non-transferable NFTs, Biden in video says hes doing well after COVID-19 diagnosis, Shein clothing line drops Maya blouse as Mexico complains, Chris Cuomo Says He Will Never Regret Helping His Brother in Debut Podcast, Germany vs Austria, Women's Euro 2022 quarter-final: live score and latest updates, England reaching Euro 2022 semi-finals is just the start, says FA chief, Lauren Conrad just launched her new LOVED fragrance at HSNshop the new summer Unit case volume grew 8% for the quarter, resulting in even performance versus 2019. The roll out of Coca-Cola Energy, Coca-Cola Plus Coffee, Powerade Ultra and Powerade Power Water are some additions on these lines. Results for fiscal year 2020 include three additional selling days compared to fiscal year 2021. Net sales increased 11% to $5.56 billion in fiscal year 2021. Comparable currency neutral operating income (non-GAAP) declined 12% for the quarter, driven by an increase in operating expenses versus the prior year. The bold colored, heavily embroidered flowers and swirl patterns are normally used by Mayan women on loose-fitting, calf-length white cotton shifts that are ideal for the regions heat. One positive sign: In the fourth quarter, the companys away-from-home sales volumethink beverages at concerts, restaurants, and sporting eventsfinally caught up to pre-pandemic levels. Management also uses these non-GAAP financial measures in making financial, operating and planning decisions and in evaluating the Companys performance. Sparkling volume growth related to continued strong demand for multi-serve can packages sold in larger retail stores. For the Bottling Investments operating segment for the fourth quarter, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes, if any. SAINT GEORGE, Utah, July 21, 2022--Praesidium announces the closing of a commercial contract with a multi-billion dollar partner. An audio replay in downloadable digital format and a transcript of the call will be available on the website within 24 hours following the call. For the quarter, concentrate sales were 4 points behind unit case volume, primarily due to six fewer days in the quarter. The first quarter has one less day compared to first quarter 2021. Follow CocaCola Consolidated on Facebook, Twitter, Instagram and LinkedIn. SEATTLE, July 21, 2022--(NASDAQ: RDFN) The typical home sold during the four weeks ending July 17 spent 19 days on the market, one day longer than last year. Our recent purchase of the distribution rights for Coca-Cola Bottling Company of Washington, North Carolina further reflects our long-term commitment to growth across our territory.. On a comparable(a) selling day basis, physical case volume increased 3.6%, which included Sparkling and Still category volume growth of 2.8% and 5.5%, respectively. Unit case volume grew 11% for the quarter, resulting in a low single-digit increase versus 2019. Unit case volume grew 13% for the quarter, driven by strong growth in the key markets of India and the Philippines. For comparable net revenues (non-GAAP), the company expects a 2% to 3% currency headwind based on the current rates and including the impact of hedged positions, in addition to a 3% tailwind from acquisitions. Given the above considerations, the company expects to deliver comparable currency neutral EPS (non-GAAP) growth of 8% to 10% and comparable EPS (non-GAAP) growth of 5% to 6%, versus $2.32 in 2021. I am thankful for our teammates who did an outstanding job overcoming numerous supply chain disruptions and working through the many operating challenges brought on by the pandemic, said J. Frank Harrison, III, Chairman and Chief Executive Officer. For both the quarter and the year, there was strong growth across all geographic operating segments. Comparable currency neutral operating income (non-GAAP) declined 1% for the quarter, driven by a significant increase in marketing investments versus the prior year. For the year, the company gained value share in total NARTD beverages, led by share gains in Mexico, Argentina, Brazil and Colombia. Operating income declined 31% for the quarter, which included a 2-point currency headwind. While the environment remains dynamic, we will build on the momentum from 2021 to drive topline growth and maximize returns., Operating Review Three Months Ended December 31, 2021, Acquisitions, Divestitures and Structural Changes, Net. The Coca-Cola Company describes itself as the largest beverage company worldwide. Net sales increased 10% to $1.40 billion in the fourth quarter of 2021, with adjusted(a) net sales up 15% versus the fourth quarter of 2020. The company expects to generate free cash flow (non-GAAP) of approximately $10.5 billion through cash flow from operations of approximately $12.0 billion, less capital expenditures of approximately $1.5 billion. Net sales for fiscal year 2021 were $5.6 billion, up 11% versus fiscal year 2020. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. The Company reports its financial results in accordance with accounting principles generally accepted in the United States (GAAP). Unit case volume means the number of unit cases (or unit case equivalents) of company beverages directly or indirectly sold by the company and its bottling partners to customers or consumers. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. All comparisons are to the corresponding period in the prior year unless specified otherwise. The Coca-Cola Company's strong brand equity, marketing, research and innovation help it to garner a major market share in the non-alcoholic beverage industry. The words anticipate, believe, expect, project, may, will, should, could and similar expressions are intended to identify those forward-looking statements. This was primarily attributable to six fewer days in the quarter, which resulted in an approximate 6-point impact on concentrate sales, along with the timing of concentrate shipments. The discussion of the results for the fourth quarter and the fiscal year ended December 31, 2021 includes selected non-GAAP financial information, such as comparable and adjusted results.

Price increases were taken to offset inflation on our major cost inputs, including aluminum, PET resin and transportation costs. Refer to the Reconciliation of GAAP and Non-GAAP Financial Measures section. Thats according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS, Selling, delivery and administrative expenses, Less: Net income attributable to noncontrolling interest. Price/mix declined 3% for the quarter, primarily due to weather-related disruption and negative package mix in South Africa. Price/mix grew 13% for the quarter, driven by favorable channel and package mix due to cycling the impact of the pandemic in the prior year, along with positive geographic mix. Cash flows provided by operations for fiscal year 2021 were $521.8 million, compared to $494.5 million for fiscal year 2020. The Bottling Investments operating segment reflects unit case volume growth for consolidated bottlers only. The Polygon blockchain has attracted the eye of both retail investors and the world's largest corporations, but what explains its recent leap in value? For Bottling Investments, this represents the percent change in net revenues attributable to the increase (decrease) in unit case volume computed based on total sales (rather than average daily sales) in each of the corresponding periods after considering the impact of structural changes, if any. Comparable currency neutral operating income (non-GAAP) declined 29% for the quarter, driven by topline pressure along with a significant increase in marketing investments versus the prior year. Net revenues grew 27% for the quarter, which included a 2-point currency tailwind. Looking to light up your garden or patio this summer? The Companys non-GAAP financial information does not represent a comprehensive basis of accounting. Additionally, fourth quarter operating income was impacted by topline pressure from six fewer days in the quarter. Organic revenues (non-GAAP) grew 25%. Growth was led by Mexico, Argentina and Chile, driven by growth in most categories. CHARLOTTE, N.C., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) today reported operating results for the fourth quarter and the fiscal year ended December 31, 2021. 2021 was a tremendous year for our Company as we achieved record revenue, income from operations and operating cash flow. The former CNN journalist launched "The Chris Cuomo Project" Thursday. The increase in SD&A expenses related primarily to an increase in payroll expenses as we made adjustments to remain competitive in a challenging labor market. Our recent capital investments have strengthened our supply chain and our $220 million capital plan for 2022 will advance our manufacturing capacity and warehouse capability. Fiscal year 2020 included three additional selling days compared to fiscal year 2021. Physical case volume increased 2.0% in fiscal year 2021, and rose 3.0% when adjusted for comparable(a) selling days.

Price/mix declined 8% for the quarter due to negative channel mix in key markets along with 4 points of negative geographic mix due to growth in emerging and developing markets outpacing developed markets. Comparable currency neutral operating income (non-GAAP) declined 12% for the quarter, driven by a significant increase in marketing investments versus the prior year. Further, the Investors section of the website includes certain supplemental information and a reconciliation of non-GAAP financial measures to the companys results as reported under GAAP, which may be used during the call when discussing financial results. Coca-Cola Zero Sugar grew double digits for both the quarter and the year. This does not include any potential payments related to ongoing tax litigation with the U.S. Internal Revenue Service. President Biden in a video message on Thursday said he is doing well and experiencing only mild symptoms after being diagnosed with COVID-19. Discover something new every day from News, Sports, Finance, Entertainment and more! The virus was discovered in Rockland County, a suburb of New York City, according to the state Department of Health. The strong growth in Still beverages was driven primarily by BODYARMOR, smartwater and Monster. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. In the reconciliation of reported net revenues, concentrate sales represents the percent change in net revenues attributable to the increase (decrease) in concentrate sales volume for the geographic operating segments and the Global Ventures operating segment after considering the impact of structural changes, if any. Sports drinks grew 18% for the quarter and 13% for the year, resulting in volume ahead of 2019, primarily driven by strong growth of BODYARMOR in the United States. For the full year, concentrate sales were 1 point ahead of unit case volume, primarily due to bottler inventory build to manage near-term supply disruption. Due to the combination of multiple business models in the Global Ventures operating segment, the composition of concentrate sales and price/mix may fluctuate materially on a periodic basis. Occasionally, travelers with polio have brought infections to the U.S., including in 2013. The fourth quarter of 2020 included four additional selling days compared to the fourth quarter of 2021. All references to growth rate percentages and share compare the results of the period to those of the prior year comparable period, unless otherwise noted. Operating income growth and comparable currency neutral operating income (non-GAAP) growth for the quarter were driven by strong organic revenue (non-GAAP) growth.

Therefore, the percent change is not meaningful. Therefore, the company places greater focus on revenue growth as the best indicator of underlying performance of the Global Ventures operating segment. Risk Factors of the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2020. Sparkling soft drinks and sports drinks led the growth during the quarter. We make, sell and distribute beverages of The Coca-Cola Company and other partner companies in more than 300 brands and flavors across 14 states and the District of Columbia to approximately 60 million consumers. We are managing through this period of historically high cost inflation by increasing unit pricing across our brand portfolio. For the year, the company gained value share in total NARTD beverages, which included share gains across most categories. What is the market capitalization of a company. For comparison purposes, the estimated impact of the additional selling days in the prior year has been excluded from our comparable(a) and adjusted(a) results. Trademark Coca-Cola grew 7% for both the quarter and the year, resulting in volume ahead of 2019, led by Europe, Middle East & Africa and Asia Pacific. The perfume features a blend of floral and musky scents, making it perfect for everyday use. Comparable EPS (non-GAAP) percentage growth is expected to include an approximate 5% currency headwind based on the current rates and including the impact of hedged positions. After a rough 2020, Coca-Colas business recovered in 2021 as restrictions on public gatherings loosened across the U.S. and globally. Reported operating loss for Global Ventures for the three months ended December 31, 2020 was $9 million. HUNT VALLEY, Md., July 21, 2022--Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that the Companys Board of Directors declared a cash dividend of $0.67 per share on its common stock.