Keurig Dr Pepper Inc Stock Price, News & Analysis

Keurig Dr Pepper (NASDAQ: KDP) will announce its second-quarter financial results for the period ending June 30, 2022, on July 28, 2022, before markets open. A conference call to discuss these results will be held on the same day at 8:00 AM ET. Investors can join the call by calling (877) 270-2148 in the U.S. or (412) 902-6510 internationally. A replay will be available from 11:00 AM ET on July 28 until August 11, accessible by calling (877) 344-7529. The live audio webcast will be available on the company’s website.

Keurig Dr Pepper (KDP) and Intelligentsia Coffee announced a partnership to launch Intelligentsia's super-premium coffee in K-Cup® pods. This marks the first time Intelligentsia's coffee will be available in this convenient format, featuring the MultiStream™ technology for enhanced flavor extraction. The K-Cup pods will be launched in two varieties: Intelligentsia House and El Gallo, available at various retailers including Keurig.com and Amazon.com. KDP aims to meet consumer demand for quality coffee options, further expanding its portfolio of over 125 brands.

Keurig Dr Pepper (KDP) released its 2021 Drink Well. Do Good. Corporate Responsibility Report, showcasing significant ESG achievements. In 2021, KDP eliminated 57 million pounds of virgin plastic, achieving 11% post-consumer recycled content across its packaging. The company sourced 100% of its coffee and cocoa responsibly and increased its renewable energy usage to 61%. KDP’s employee engagement score rose to 70%, with increased representation of women in leadership roles. The report aligns with GRI guidelines and highlights the firm’s commitment to sustainability.

Keurig Dr Pepper (NASDAQ: KDP) has entered a definitive agreement to acquire the global rights to Atypique, a non-alcoholic ready-to-drink cocktail brand from Station Agro-Biotech. The deal, expected to close in early Q4, enables KDP to enhance its ready-to-drink alcohol portfolio. Atypique holds a 42% market share in Canada’s growing non-alcoholic cocktail segment, which saw over 30% retail dollar sales growth last year. This acquisition is set to leverage KDP's extensive distribution network and Station Agro-Biotech's R&D capabilities for accelerated growth.

Keurig Dr Pepper Inc. (NASDAQ: KDP) announced that it opposes an unsolicited mini-tender offer from TRC Capital Investment Corporation, which seeks to purchase up to 4 million shares at $32.85 each, a 4.37% discount to KDP's recent market price. The company advises shareholders to reject this offer, emphasizing that it is below market value. The offer is contingent on TRC Capital securing necessary financing. The SEC has warned investors about mini-tender offers that might be below market rates.

Keurig Dr Pepper (KDP) announced a quarterly cash dividend of $0.1875 per share, payable on July 15, 2022, to shareholders on record as of July 1, 2022. The company's annual revenue nears $13 billion, and it maintains a diverse portfolio of over 125 beverage brands, including Dr Pepper, Snapple, and Keurig. With approximately 27,000 employees, KDP is a leading beverage company in North America, committed to responsible sourcing and sustainability through its Drink Well. Do Good. platform.

Keurig Dr Pepper (NASDAQ: KDP) has launched a multi-year partnership with Ronald McDonald House Charities (RMHC) to support families with hospitalized children. The initiative features a limited-edition "More Than Just a Cup" mug priced at $1,800, with 100% of proceeds directed to RMHC. Additionally, McCafé At Home will donate over $400,000 in the first year and provide Keurig brewers and K-Cup pods to RMHC Chapters across the U.S. This campaign aims to increase awareness and support for families during challenging medical times.

Tractor Beverage Company announced a strategic partnership with Keurig Dr Pepper (NASDAQ: KDP) to raise $60 million in growth funding. This long-term exclusive sales agreement aims to enhance Tractor's infrastructure, marketing, and brand awareness among health-conscious consumers, particularly in the foodservice channel. The partnership leverages Keurig's sales strength to make organic beverages more accessible. The deal is subject to customary closing conditions, with no terms disclosed. Tractor, known for its Certified Organic, Non-GMO drinks, targets the growing demand for healthier beverage options.

Keurig Dr Pepper Inc. (KDP) reported Q1 2022 financial results, revealing a 6.1% increase in net sales to $3.08 billion, driven largely by strong growth in Packaged Beverages and Beverage Concentrates. The company raised its full-year net sales growth guidance to the high-single-digit range. Diluted EPS rose 78.3% to $0.41, though Adjusted EPS remained flat at $0.33. While operating income increased 51% to $966 million, inflation and supply chain disruptions affected margins. KDP maintains solid market share in cold beverages and aims for strong free cash flow management.