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Keurig Dr Pepper Soft Drink Sales Take Off, But Coffee Costs Limit Gains

Cases of Diet Dr. Pepper

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Key Takeaways

  • Keurig Dr Pepper beat profit and sales estimates as demand for its U.S. soft drinks jumped.
  • U.S. coffee revenue slid, hurt by "escalating green coffee costs."
  • The company added two new independent board members, and Executive Chair Bob Gamgort has moved to Non-Executive Chair.

Shares of Keurig Dr Pepper (KDP) fell slightly Thursday morning even as the coffee and soft drink maker posted better-than-expected results, lifted by U.S. beverage sales. However, the impact of soaring coffee prices muted investor enthusiasm.

The company reported first-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) o📖f $0.42, with revenue rising 5% year-over-year to $3.64 bi🏅llion. Both exceeded Visible Alpha estimates.

U.S. Refreshment Beverages unit sales were 11% higher at $2.3 billion, boosted by "volume/mix growth of 8% and favorable net price realization of 3%." However, U.S. coffee sales slumped nearly 4% to $900 million, hurt by a volume/mix decline that included "pricing actions implemented in reaction to escalating green coffee costs." International sales dropped 6% to $400 million.

Keurig Dr Pepper affirmed its full-year guidance of adjusted EPS increasing by a high-single-digit percentage, and constant-currency sales up by a mid-single𓃲-digi✨t percentage. 

In addition, the company announced that it added Mike Van de Ven and Lawson Whiting as independent directors, and that Executive Chair Bob Gamgort has shifted to Non-Executive Chair. 

Keurig Dr Pepper shares slipped less than 1% Thursday morning but have gained about 9% in 2025.

KDP

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