Coca-Cola Consolidated Reports Fourth Quarter and Fiscal Year 2022 Results

Gross profit in the fourth quarter of 2022 was $599 million, an increase of 22% versus the fourth quarter of 2021. Gross margin in the fourth quarter of 2022 improved by 300 basis points(a) to 38.1%.

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Australia’s first beverage carton recycling plant opens The facility is the first-of-its-kind in Australia and has the capacity to process up to 4,000 tonnes of materials annually, marking an important step in advancing Australia’s circular economy.
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