Keurig Dr Pepper Inc - KDP STOCK NEWS

Keurig Dr Pepper Inc. (KDP) is set to release its financial results for the fourth quarter and full year ended December 31, 2023, before the market opens on February 22, 2024. The company will host a conference call on the same day to discuss the results with members of the investment community. Investors and analysts can access the call through dial-in or webcast, and a replay will be available for a limited time. Contact information for investor relations and media inquiries is also provided.

Keurig Dr Pepper (NASDAQ: KDP) declares a regular quarterly cash dividend of $0.215 per share, payable on January 19, 2024, to shareholders of record on January 5, 2024.

Dr Pepper (TBD) awards $100,000 in tuition money to six students during the College Football Conference Championship games, totaling $730,000 for the weekend. The winners and runners-up from ACC, Big 12, SEC, Big Ten, and Pac-12 conferences were announced, with each receiving $100,000. The program has given over $17.5 million in the last 15 years to support students' educational goals. The winners expressed gratitude and shared how the tuition money will help them achieve their educational and professional aspirations.

Dr Pepper (DPS) and University of Southern California star quarterback Caleb Williams jointly awarded two rising college Boys & Girls Clubs members with $50,000 each following a Dr Pepper Tuition Toss event hosted by the brand and Williams' foundation, Caleb Cares. The event marked a continuation of Dr Pepper's season-long partnership with Williams and brought forth their collective passion for empowering youth. The event was held at the Boys & Girls Clubs of Metro Los Angeles - Challengers, where Caleb, through his foundation, has partnered with and frequently attends events recognizing deserving club members making an impact within the clubs and the local community. Kamari B. landed eight footballs in 30 seconds to win $50,000 in future tuition money from Dr Pepper and Caleb Cares. Following the check presentation, Caleb surprised runner up Julieta R. with a $50,000 match in future tuition via Caleb Cares. The $100,000 total donation in tuition funding is the same amount awarded to each winner of the Dr Pepper Tuition Giveaway. Now in its 15th year, the Dr Pepper Tuition Giveaway has provided over $17.5 million to support students' educational goals. Tune in to watch students compete live in the 2023-2024 Dr Pepper Tuition Giveaway Challenge & Contest during the halftime of the PAC-12, Big 12, SEC, ACC, and Big 10 conference championship playoff games on Friday, December 1, and Saturday, December 2.

Keurig Dr Pepper Inc. (NASDAQ: KDP) announced that its CEO and CFO will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 5, 2023. A live webcast of the event will be available on the company's website, with a recorded version and transcript accessible later. Investor and media contacts are provided for further inquiries.

Keurig Dr Pepper Inc. (NASDAQ: KDP) has announced several leadership appointments to drive the company's next phase of growth. Andrew Archambault is named President, U.S. Refreshment Beverages, Patrick Minogue is promoted to President, U.S. Coffee, Sudhanshu Priyadarshi expands his role to include President, International, and Monique Oxender is appointed Chief Corporate Affairs Officer. Tim Cofer will join as Chief Operating Officer and transition to CEO in Q2 2024.

Keurig Dr Pepper reports Q3 performance with continued net sales momentum and strong gross margin expansion. Reaffirms full-year guidance for net sales growth of 5-6% and EPS growth of 6-7%.

Keurig Dr Pepper (KDP) and Grupo PiSA have announced a long-term partnership for the distribution of Electrolit, a premium hydration beverage, in the United States. This partnership allows KDP to enter the sports hydration category and expand Electrolit's distribution in the US. Electrolit has experienced strong growth in the US, generating over $400 million in retail sales and increasing more than ten-fold in the past five years.

Keurig Dr Pepper Inc. will release Q3 2023 financial results on October 26, 2023. Conference call scheduled at 8:00 AM (ET).