Coca-Cola Bottling Co. (COKE) on Friday reported fourth-quarter net income of $66.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Charlotte, North Carolina-based company said it had net income of $7.05. For the year, the company reported profit of $172.5 million, or $18.30 per share. Coca-Cola Bottling shares have fallen roughly 4% since the beginning of the year. In the final minutes of trading on Friday, shares hit $256.66, a rise of 22% in the last 12 months.

Source: The Star February 26, 2021 21:42 UTC