Coca-Cola Bottling Q3 Net Rises 60%

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Coca-Cola Bottling  stock showed a little fizz the day the company's Q3 results were released. For the quarter, net sales amounted to $434 million, up 3% from the nearly $420 million in the same period the previous year. Attributable net income landed at $16.2 million ($1.74 per diluted share), or 60% higher than Q3 2012's $10.1 million ($1.09).

The company also provided results for the trailing nine-month period. The top line across that time frame was $1.25 billion, while attributable net income rose to $32.3 million ($3.47 per diluted share). Both numbers compared favorably with those of the same period of 2012, which were $1.23 billion and $25.4 million ($2.74), respectively.

In the wake of today's results, Coca-Cola Bottling's stock bubbled up slightly by 0.2%, or $0.15, to close the day at $63.71. 

The article Coca-Cola Bottling Q3 Net Rises 60% originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Coca-Cola Bottling. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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