The Latest Breaking News from Keurig Dr Pepper Inc

Beverage stocks Keurig Dr Pepper (KDP) and Monster Beverage Corporation (MNST) are scheduled to release their fourth-quarter financials on February 22. We assess the two stock’s fundamentals to determine how investors should position themselves before their numbers are reported. Read on….

Despite macroeconomic uncertainties, the beverage industry will most likely stay resilient, thanks to its inelastic demand. Therefore, investors could keep an eye on three fundamentally strong beverage stocks, Constellation Brands (STZ), Keurig Dr Pepper (KDP), and Molson Coors Beverage (TAP), which look poised for significant growth. Read more….

Inflation has surged to record levels. And in a high inflationary environment, consumer defensive stocks do well due to the almost inelastic demand for their products. So, since inflation is expected to remain elevated due to high energy prices and supply chain issues, we think it could be wise to…

Keurig Dr Pepper Inc (NASDAQ:KDP) reported first-quarter FY22 sales growth of 6.1% year-on-year to $3.08 billion, above the consensus of $3.01 billion. Net sales growth was driven by favorable net price realization of 6.3%, slightly offset by a lower volume/mix of 0.2%. On a two-year basis, constant currency net sales advanced 17.5% versus…

Keurig Dr Pepper Inc (NASDAQ:KDP) has priced the public offering of senior notes consisting of $1 billion of 3.950% senior notes due 2029, $850 million of 4.050% senior notes due 2032, and $1.15 billion of 4.5% notes due 2052. The company expects the net proceeds from the offering to be about $2.961 billion.…

Keurig Dr Pepper Inc (NASDAQ:KDP) has appointed Ozan Dokmecioglu, currently CFO & President of International, as its next Chief Executive Officer, effective July 29, 2022.  Bob Gamgort, Chairman and CEO, will serve as Executive Chairman of Keurig for two years to support the transition. In addition, Gamgort has committed to remaining a significant…

Keurig Dr Pepper Inc (NASDAQ:KDP) reported fourth-quarter FY21 sales growth of 8.7% year-on-year, to $3.39 billion, beating the consensus of $3.30 billion. Net sales increase reflected strong growth in Packaged Beverages, Beverage Concentrates, and Latin America Beverages. On a constant currency basis, net sales advanced 8.5% Y/Y and 15.7% versus Q4 2019. Net…