KDP Stock Recent News

Greek yogurt pioneer Chobani has acquired La Colombe for $900 million just a few months after Keurig Dr Pepper's (KDP) announced its $300 million sales and distribution deal with the ready-to-drink coffee company.

Keurig Dr Pepper's Keurig is the biggest player in the U.S. coffee pod market, but Nestlé's Nespresso has been steadily gaining market share.

Keurig Dr Pepper reports strong growth in beverage segments, driven by price increases and strong demand. The US coffee segment declined, but the decline has improved compared to previous periods. KDP's expansion into higher-growth product categories and partnerships with brands should drive long-term growth.

Keurig Dr Pepper is looking to coffee subscriptions to bring in recurring direct-to-consumer (D2C) revenue as consumers increasingly turn to digital channels to get their caffeinated buzz. The beverage giant shared on a call with analysts Thursday (Oct. 26) discussing its third-quarter financial results that it is seeing strong performance on digital channels.

Keurig Dr Pepper (KDP) posts solid results in third-quarter 2023 on gains from continued brand strength and significant pricing.

Keurig Dr Pepper, Inc. (NASDAQ:KDP ) Q3 2023 Earnings Call Transcript October 26, 2023 8:00 AM ET Company Participants Jane Gelfand - VP, Investor Relations and Strategic Initiatives Robert Gamgort - CEO & Chairman Sudhanshu Priyadarshi - Chief Financial Officer Conference Call Participants Drew Levine - JPMorgan Dara Mohsenian - Morgan Stanley Bryan Spillane - Bank of America Robert Ottenstein - Evercore Bonnie Herzog - Goldman Sachs Chris Carey - Wells Fargo Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Keurig Dr Pepper's Earnings Call for the Third Quarter Of 2023.

Keurig Dr Pepper shares rose after the company's third-quarter results beat expectations on the top and bottom lines.  The beverage company posted adjusted earnings of $0.48 per share on revenue of $3.81 billion, compared to Street estimates of $0.47 per share on revenue of $3.77 billion.

Keurig Dr Pepper, Inc (KDP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Sell Keurig Dr Pepper: Americans' Health Is A Priority

Keurig Dr Pepper's (KDP) Q3 results are expected to reflect gains from continued brand strength, significant pricing actions, a solid performance in its cold beverages and strong market share gains.