Sunday, December 4, 2022

Coke Consolidated pops 13%, while Cato continues slide

These were the best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham Index of public companies for the week ended March 17 among companies with shares trading for at least $10.

Coca-Cola Bottling Consolidated (COKE) – 13% – Sales have increased 35% over last year, mostly because of acquisitions. CEO Frank Harrison’s compensation was $11.3 million in 2016, Reuters said.

Ply Gem (PGEM) – 7.7% – Cary-based siding and window-maker is trading at highest level since 2013. Went public in May 2013 at $21. Closed March 17 at $19.60.

Nucor (NUE) – 6.8% – CEO John Ferriola was bullish on 2017 prospects during interview on Jim Cramer’s CNBC show.

Biggest decliners

Cato CATO (-4.5%) – Charlotte-based apparel retailer is getting hammered by online rivals. Same-store sales declined 12% in the recent quarter.

HomeTrust Bancshares HTBI  (-2.5%) Asheville-based community bank has gained 25% over the last year.

Old Dominion Freight Line – (-2.3%) – Shares of Thomasville-based trucker have also gained 25% over the last year. Look for interview with CEO David Congdon in April’s Business North Carolina.


David Mildenberg
David Mildenberg
David Mildenberg is editor of Business North Carolina. Reach him at

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