Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: SATURDAY, March 3, 1990 TAG: 9003032598
SECTION: BUSINESS PAGE: B3 EDITION: METRO
SOURCE:
DATELINE: LENGTH: Short
COKE BOTTLER REPORTS LOSS FOR YEAR
Coca-Cola Bottling Co. Consolidated of Charlotte reported a 1989 loss of
$9.2 million, up from a loss of $2.4 million in the preceding year. The parent
of Roanoke Coca-Cola Bottling Works said its operating margins were depressed
by higher prices of raw material and marketing costs, not fully offset by
increases in selling prices, according to James L. Moore, president. Net sales
increased to $384.3 million from $328.2 million. Average net selling prices
rose 1 percent, he said.
- Staff report
by CNB