On July 28, Coca-Cola Bottling Co Consolidated rose 6.99% in regular trading, trading at $199.425/share, with turnover of $45.49 million.

On the news front, the soft drinks sector staged a broad-based rally after Barclays raised its target price on Coca-Cola to $91 while maintaining an Overweight rating, and simultaneously lifted PepsiCo's target price to $142, citing multiple signs of marginal improvement in the consumer sector. The upgrade catalyzed sector-wide buying pressure across beverage names.

Within the Soft Drinks sector, Coca-Cola rose 6.11%, Keurig Dr Pepper rose 4.65%, Monster Beverage rose 3.80%, Coca-Cola Europacific rose 3.29%, and Pepsi rose 2.49%. Coca-Cola Bottling Co Consolidated previously reported Q1 adjusted EPS of $1.79, up 14.74% year-over-year, with revenue of $1.847 billion, up 16.9% year-over-year. The company's next earnings report is scheduled for August 5 after market close.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)