Keurig Dr Pepper Inc Stock Price, News & Analysis

Keurig Dr Pepper (KDP) reported strong Q1 2025 results with net sales increasing 4.8% to $3.64 billion. On a constant currency basis, net sales grew 6.4%, driven by volume/mix growth of 3.6% and favorable net price realization of 2.8%. The company's diluted EPS rose 15.2% to $0.38 on a GAAP basis and 10.5% to $0.42 on an adjusted basis.

U.S. Refreshment Beverages segment showed impressive performance with an 11% net sales increase to $2.3 billion. However, U.S. Coffee segment experienced a 3.7% decline to $0.9 billion, while International segment saw a 6.3% decrease to $0.4 billion in reported net sales.

KDP reaffirmed its fiscal 2025 guidance, projecting mid-single-digit constant currency net sales growth and high-single-digit adjusted diluted EPS growth. The company expects approximately one percentage point headwind from foreign currency translation for full-year top and bottom-line growth.

Sherwin-Williams (NYSE: SHW) announced the election of Robert J. Gamgort to its Board of Directors at the company's Annual Meeting of Shareholders on April 16, 2025. Gamgort, 62, currently Executive Chairman of Keurig Dr Pepper, joins as the eighth independent director, bringing the total board membership to nine. He will also serve on the Board's Audit Committee.

Gamgort brings extensive consumer products industry experience, having served as Executive Chairman of Keurig Dr Pepper since 2022, and previously as its President and CEO from 2018 to 2024. His prior roles include CEO positions at Keurig Green Mountain (2016-2018) and Pinnacle Foods (2009-2016), along with leadership positions at Mars and Kraft Foods.

Keurig Dr Pepper (KDP) has announced a multi-year partnership making Snapple® the Official Tea Partner of the New York Knicks, New York Rangers, and Madison Square Garden. The partnership includes a new Snapple Mini Mart concession stand with NYC theming and introduces six Snapple flavors throughout the arena.

The agreement features exclusive product sampling opportunities at Knicks and Rangers games, digital signage presence on GardenVision, and promotional activities during Arena Concert Series events. Snapple will offer both regular and zero sugar varieties including Raspberry Tea, Half n' Half Lemonade Iced Tea, Peach Tea, and Lemon Tea at select concession stands.

This strategic partnership represents a homecoming for Snapple, which was founded in Brooklyn, NY in 1972, and aims to expand the brand's reach in its birthplace while connecting with a global audience at MSG venues.

Keurig Dr Pepper (NASDAQ: KDP) has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, 2025, before market opening. The company will host a conference call at 7:30 AM (ET) on the same day, featuring CEO Tim Cofer and CFO & President, International Sudhanshu Priyadarshi.

Investors and analysts can join the call using dedicated dial-in numbers: (833) 629-0615 for US/Canada and (412) 317-1824 for international participants. A replay will be available from 11:00 AM (ET) on April 24 until May 8, 2025. The event will also be accessible via live audio webcast through KDP's corporate website.

Keurig Dr Pepper (NASDAQ: KDP) has announced the pricing of a secondary offering of 73 million shares by JAB Holding Company subsidiary at $32.80 per share. JAB has granted the underwriter a 30-day option to purchase up to an additional 10.95 million shares.

Following the completion of the offering, JAB's beneficial ownership in KDP will decrease to approximately 10.7% of outstanding common stock. The remaining shares owned by JAB will be subject to a 90-day lock-up agreement with the underwriter. J.P. Morgan is acting as the sole underwriter for this secondary offering.

KDP, a leading North American beverage company with annual revenue exceeding $15 billion, maintains a portfolio of over 125 owned, licensed, and partner brands, including notable names such as Dr Pepper, Canada Dry, Snapple, and Green Mountain Coffee Roasters.

Keurig Dr Pepper (NASDAQ: KDP) announced a significant secondary offering where JAB Holding Company will sell 73 million shares of KDP common stock, with an additional 30-day option for 10.95 million shares. Following the offering, JAB's ownership will decrease to approximately 10.7% of KDP's outstanding common stock, with remaining shares subject to a 90-day lock-up agreement.

As a result of JAB's reduced stake, three JAB-affiliated board members - Joachim Creus, Frank Engelen, and Olivier Goudet - will resign upon completion of the offering. This transaction marks KDP's evolution from a private company to a widely held public entity, now included in the S&P 500 and Nasdaq 100. J.P. Morgan is serving as the underwriter for this proposed secondary offering.

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.