Keurig Dr Pepper Inc Stock Price, News & Analysis

Dr Pepper has launched an exclusive limited-time product, FANtastic Chocolate, combining its classic flavor with chocolate. This offering is part of the new "Pepper Perks" rewards program, which allows consumers to redeem points from Dr Pepper purchases for this special treat. Additionally, fans can enter for a chance to win a trip to the College Football Playoff National Championship. The product is available while supplies last, emphasizing its exclusivity and appeal to Dr Pepper enthusiasts. For more details, visit www.drpepper.com.

Keurig Dr Pepper (KDP) will host a virtual Investor Day on October 1, 2021, at 8:30 AM ET. The event will feature discussions on the company's strategic outlook and growth expectations following the conclusion of a three-year post-merger period this December. Interested participants can register via the company's website. KDP is a major North American beverage company with over $11 billion in annual revenue and a diverse portfolio, including famed brands such as Keurig and Dr Pepper. A replay of the event will be available the following day.

Casey’s has launched a new giving campaign to support local schools across 16 states through its Cash for Classrooms Grant Program. Customers are encouraged to round up their purchases to contribute to the initiative. In addition, Keurig Dr Pepper will donate $1 for every CORE Hydration water combo sold, up to $25,000, while Casey’s will donate $1 for every large pizza sold on August 30, up to $100,000. In 2021, the program awarded $1 million through 99 grants focusing on various educational needs.

Keurig Dr Pepper Inc. (NASDAQ: KDP) reported strong financial results for Q2 2021, with net sales increasing 9.6% to $3.14 billion. The company raised its 2021 sales growth guidance to 6-7% from 4-6%. Adjusted diluted EPS grew 15.2% to $0.38. Free cash flow reached $492 million, enabling a reduction of financial obligations by $431 million. Despite challenges like inflation and supply chain issues, KDP maintained robust performance across its segments, particularly in Beverage Concentrates and Latin America. The management leverage ratio declined to 3.4x, reflecting improved financial health.

Snapple has partnered with hip hop artist A$AP Ferg to celebrate its heritage and promote its new 100% recycled plastic bottle. The collaboration features a limited-time merchandise collection and a documentary titled 'A Snapple Corner Story,' which highlights the cultural significance of corner stores in NYC. All merchandise proceeds benefit The Bodega and Small Business Group, supporting small businesses affected by the pandemic. This initiative aligns with Snapple's commitment to enhancing brand relevance and sustainability, appealing to both younger consumers and long-standing fans.

Keurig Dr Pepper (NASDAQ: KDP) announced the launch of BrewID™, a cutting-edge technology platform aimed at enhancing coffee brewing experiences. The initial product, K-Supreme Plus® SMART brewer, customizes brew settings based on the K-Cup® pod used, offering over 900 flavor combinations. Features include a mobile app for scheduling brews and SMART Auto-Delivery for managing pod inventory. Priced at $199.99, it is available online now, with plans for expansion to major retailers in Fall 2021. This innovation highlights KDP's commitment to personalized coffee experiences.

Keurig Dr Pepper (NASDAQ: KDP) will disclose its second-quarter financial results for the period ending June 30, 2021, before markets open on July 29, 2021. A conference call to discuss these results will take place at 8:00 AM (ET) on the same day, accessible to investors via phone. The replay will be available shortly after the call until August 12, 2021. Interested parties can also access a live audio webcast through the company’s website.

Keurig Dr Pepper (NASDAQ: KDP) announced that Anthony Shoemaker, currently Senior VP & Assistant General Counsel, will become Chief Legal Officer & General Counsel effective at Jim Baldwin's retirement in September 2021. Shoemaker has been with KDP since 2020, leading legal efforts in finance and governance. Baldwin has been with KDP since 1997, contributing to key milestones including major acquisitions and mergers. KDP is a leading North American beverage company with over $11 billion in annual revenue and a diverse portfolio of over 125 brands.

Keurig Dr Pepper (KDP) has released its third annual Drink Well. Do Good. report, showcasing its achievements in corporate responsibility and new commitments. Key highlights include:

• 100% of K-Cup pods are now recyclable, aiming for 100% recyclable packaging by 2025.
• Core Hydration bottles are made from 100% recycled plastic, targeting 30% PCR content by 2025.
• 79% water replenished in high-risk areas, with a goal of 100% by 2025.
• 100% responsibly sourced coffee and over one million beneficiaries in the supply chain.

New goals include responsible sourcing of cocoa, corn, and inclusive growth initiatives.