Coca-Cola Consolidated Stock Plunges Amid Expanded Labor Dispute
Coca-Cola Consolidated's stock price took a hit on September 23, 2026, falling 1.31 percent to $188.47 on Nasdaq. The decline follows an expansion of a labor dispute into three Ohio facilities, where over 300 Teamsters have refused to cross picket lines.
The strike, which began with nearly 50 drivers and merchandisers in Anderson, Indiana, has now reached Akron, Toledo, and Twinsburg, Ohio. The union is demanding better wages, health care, and working conditions.
With Coca-Cola Consolidated generating $2.05 billion in quarterly revenue in Q2 2026, a 11.1 percent increase from the previous quarter, distribution interruptions at several facilities could have significant financial implications if they persist through periods of higher volumes.
The company's stock price remains below its 52-week high of $219.65, but above its 52-week low of $113.70, with a market capitalization of $14.80 billion.