Coca-Cola Consolidated (COKE) risk factors, FY2024 10-K

Risks Related to Our Business

1. 01The Company’s business and results of operations may be adversely affected by increased costs or disruption, unavailability or shortages of raw materials, fuel and other supplies
2. 02The reliance on purchased finished products from external sources could have an adverse impact on the Company’s profitability
3. 03Changes in public and consumer perception and preferences, including concerns related to product safety and sustainability, artificial ingredients, brand reputation and obesity, could reduce demand for the Company’s products and reduce profitability
4. 04Changes in government regulations related to nonalcoholic beverages, including regulations related to obesity, public health, artificial ingredients, recycling, sustainability and product safety, could reduce demand for the Company’s products and reduce profitability
5. 05Provisions in certain of our material agreements, including the CBA and the RMA with The Coca‑Cola Company, could delay or prevent a change in control of the Company or a sale of the Company’s Coca‑Cola distribution or manufacturing businesses
6. 06The concentration of the Company’s capital stock ownership with our Chairman and Chief Executive Officer limits other stockholders’ ability to influence corporate matters
7. 07The Company’s inability to meet requirements under its beverage agreements could result in the loss of distribution and manufacturing rights
8. 08Changes in the inputs used to calculate the Company’s acquisition related contingent consideration liability could have a material adverse impact on the Company’s financial condition and results of operations
9. 09The Company’s financial condition can be impacted by the stability of the general economy
10. 10Changes in trade policies, including the imposition of, or increase in, tariffs on imported goods, could negatively affect our business
11. 11The concentration risks among the Company’s customers and suppliers could impact our sales and our ability to access necessary product inputs at commercially advantageous prices
12. 12The Company may not be able to respond successfully to changes in the marketplace
13. 13Changes in the Company’s level of debt, borrowing costs and credit ratings could impact the Company’s access to capital and credit markets, restrict the Company’s operating flexibility and limit the Company’s ability to obtain additional financing to fund future needs
14. 14Failure to attract, train and retain qualified employees while controlling labor costs and other labor issues could have an adverse effect on the Company’s reputation, business, financial condition and results of operations or profitability
15. 15Failure to maintain productive relationships with our employees covered by collective bargaining agreements, including failing to renegotiate collective bargaining agreements, could have an adverse effect on the Company’s business, financial condition and results of operations
16. 16Changes in tax laws, disagreements with tax authorities or additional tax liabilities could have a material adverse impact on the Company’s financial condition and results of operations
17. 17Litigation or legal proceedings could expose the Company to significant liabilities and damage the Company’s reputation
18. 18Natural disasters, changing weather patterns and unfavorable weather could negatively impact the Company’s business, financial condition and future results of operations or profitability
19. 19Climate change may have a long-term adverse impact on our business and results of operations