Welcome to our dedicated page for Keurig Dr Pepper news (Ticker: KDP), a resource for investors and traders seeking the latest updates and insights on Keurig Dr Pepper stock.
Keurig Dr Pepper Inc. (KDP) delivers beverages and innovative brewing systems across North America. This news hub provides investors and industry observers with essential updates on corporate developments, financial performance, and market strategies.
Access official press releases and curated analysis covering earnings announcements, product innovations, sustainability initiatives, and partnership developments. Our repository ensures timely access to information impacting KDP's position in the non-alcoholic beverage sector.
Key coverage areas: quarterly financial results, new product launches, manufacturing advancements, and leadership updates. Bookmark this page to monitor how KDP balances its 125+ brand portfolio with evolving consumer preferences in coffee systems and liquid refreshments.
Keurig Dr Pepper (NASDAQ: KDP) reported its Q4 and full year 2024 results, with net sales increasing 3.6% to $15.4 billion, driven by U.S. Refreshment Beverages and International segments. Adjusted diluted EPS grew 7.8% to $1.92, while GAAP net income fell 33.9% to $1.4 billion. Operating cash flow surged 67% to $2.2 billion, and free cash flow rose 82% to $1.7 billion.
For Q4, net sales increased 5.2% to $4.1 billion, but GAAP net income decreased 120.8% to $(144) million. Adjusted diluted EPS for Q4 grew 5.5% to $0.58. U.S. Refreshment Beverages saw a 10.3% increase in net sales, while U.S. Coffee experienced a 2.4% decline. International net sales grew 0.8%.
For 2025, KDP targets mid-single-digit net sales growth and high-single-digit adjusted EPS growth in constant currency, factoring in the GHOST acquisition. CEO Tim Cofer highlighted strong financial performance and market share gains through innovation and strategic investments.
Keurig Dr Pepper (NASDAQ: KDP) has announced a regular quarterly cash dividend declaration of $0.23 per share. The dividend will be paid in U.S. dollars on April 11, 2025 to shareholders of record as of March 28, 2025. The announcement comes from the company's Board of Directors, maintaining their commitment to regular shareholder distributions.
Keurig Dr Pepper (KDP) has announced its 2025 flavor lineup for the U.S. market, building on its successful 2024 innovations. The company is launching several new products across its beverage portfolio, starting with Dr Pepper Blackberry in both regular and zero sugar varieties. The expansion follows the success of Dr Pepper Creamy Coconut, KDP's most successful -time CSD offering.
Other new releases include 7UP Tropical with mango and peach flavors, Snapple Peach Tea & Lemonade, two new Bai varieties featuring strawberry, and A&W Ice Cream Sundae in regular and zero sugar options. The company is also launching RC Cola Zero Sugar nationally, along with various retailer-exclusive and regional offerings throughout the year.
Keurig Dr Pepper (NASDAQ: KDP) has announced it will release its fourth quarter and full year 2024 financial results before market opening on Tuesday, February 25, 2025. The company will host a conference call at 8:00 AM (ET) on the same day, featuring CEO Tim Cofer and CFO & President, International Sudhanshu Priyadarshi.
Investors and analysts can join the call by dialing (833) 629-0615 within the United States or Canada and (412) 317-1824 internationally. A replay will be available from 11:00 AM (ET) until March 11, 2025. The live audio webcast and replay will also be accessible through the Investors section of KDP's website.
Keurig Dr Pepper (KDP) announced key leadership changes to support its growth strategy. The company appointed Eric Gorli as President of U.S. Refreshment Beverages, overseeing its $9 billion liquid refreshment business. Sean Cronican becomes Chief Customer Officer, leading U.S. customer-facing teams, while Drew Panayiotou expands his role as Chief Marketing Officer to include both U.S. Refreshment Beverages and Coffee marketing.
In a strategic move to capitalize on the energy drink sector, KDP created a new position of President, KDP Energy, appointing Justin Whitmore to oversee its energy brand portfolio, which generates over $1 billion in retail sales. The company's current President of U.S. Refreshment Beverages, Andrew Archambault, will depart on January 31, 2025.
Keurig Dr Pepper (NASDAQ: KDP) has announced a regular quarterly cash dividend declaration of $0.23 per share. The dividend will be paid on January 17, 2025 to shareholders of record as of January 3, 2025. The dividend will be paid in U.S. dollars on the company's common stock.
Dr Pepper announced the winners of its 16th annual Tuition Giveaway during the College Football Conference Championship games. Four students were awarded $100,000 each in tuition funds after competing in a football-throwing contest at various championship games. The competition, which has awarded over $19 million in educational support over 30 years, featured eight finalists competing at the ACC, Big 12, SEC, and Big Ten championships.
Winners included students from Baylor University, Lincoln Memorial University, California State Polytechnic University Pomona, and Salem State University. The contestants were selected based on their academic and professional goals submissions, with winners expressing aspirations ranging from veterinary medicine to making healthcare more accessible.
Keurig Dr Pepper (KDP) announced that CEO Tim Cofer and CFO & President, International, Sudhanshu Priyadarshi will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference. The event is scheduled for December 4, 2024, at 10:15 AM ET.
A live webcast of the event will be available on KDP's corporate website. For those unable to attend, a recorded version and transcript will be accessible through the Investors section of the website.
Keurig Dr Pepper (KDP) has appointed Drew Panayiotou as Chief Marketing Officer for U.S. Refreshment Beverages. Panayiotou, formerly Global CMO at Pfizer, will lead marketing for KDP's ~$9 billion cold beverage portfolio and oversee enterprise-wide marketing centers of excellence. The current CMO, Andrew Springate, transitions to lead industry and strategic initiatives, reporting to CEO Tim Cofer. Panayiotou brings extensive digital-first marketing experience from various industries and will focus on accelerating KDP's digital marketing transformation while managing iconic brands like Dr Pepper, Canada Dry, and Snapple.
Keurig Dr Pepper (KDP) has announced the pricing of a secondary offering of 60 million shares by JAB Holding Company at $32.85 per share. JAB has granted the underwriter a 30-day option to purchase up to an additional 9 million shares. Following the offering completion, JAB will own approximately 16.5% of KDP's outstanding common stock, or 15.8% if the underwriter's option is fully exercised. The remaining JAB-owned shares will be subject to a 90-day lock-up agreement. Morgan Stanley is serving as the underwriter for this secondary offering.
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