For the quarter ended March 2025, Keurig Dr Pepper, Inc (KDP) reported revenue of $3.64 billion, up 4.8% over the same period last year. EPS came in at $0.42, compared to $0.38 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.56 billion, representing a surprise of +2.01%. The company delivered an EPS surprise of +10.53%, with the consensus EPS estimate being $0.38.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...

Keurig Dr Pepper, Inc (KDP) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.53%. A quarter ago, it was expected that this company would post earnings of $0.57 per share when it actually produced earnings of $0.58, delivering a surprise of 1.75%.Over the last four quarters, the comp ...

Financial Performance - Net sales for the first quarter of 2025 were $3,635 million, an increase of 4.8% compared to $3,468 million in the first quarter of 2024[11] - Gross profit for the first quarter of 2025 was $1,985 million, up from $1,940 million in the same period last year, reflecting a gross margin of approximately 54.6%[11] - Net income for the first quarter of 2025 was $517 million, representing a 14% increase from $454 million in the first quarter of 2024[11] - Earnings per share (EPS) for the first quarter of 2025 were $0.38, compared to $0.33 in the first quarter of 2024, indicating a 15.2% year-over-year growth[11] - Income from operations for the first quarter of 2025 was $801 million, compared to $765 million in the same period of 2024, reflecting a 4.7% increase[71] - The U.S. Refreshment Beverages segment generated net sales of $2,323 million in Q1 2025, up from $2,093 million in Q1 2024, representing an increase of 11%[72] - The U.S. Coffee segment reported net sales of $877 million in Q1 2025, a decrease of 3.7% from $911 million in Q1 2024[72] - The International segment's net sales were $435 million in Q1 2025, compared to $464 million in Q1 2024, indicating a decline of 6.3%[72] Assets and Liabilities - Total assets as of March 31, 2025, were $53,699 million, a slight increase from $53,430 million as of December 31, 2024[16] - The company’s total liabilities were $29,252 million as of March 31, 2025, compared to $29,187 million at the end of 2024[16] - Long-term obligations decreased to $11,927 million as of March 31, 2025, from $12,912 million at the end of 2024, showing a reduction of approximately 7.6%[28] - The current portion of long-term obligations was $1,027 million as of March 31, 2025, slightly up from $1,026 million at the end of 2024[28] - Outstanding obligations under supplier financing arrangements were $1,759 million as of March 31, 2025, compared to $1,740 million as of December 31, 2024[86] Cash Flow and Dividends - Cash and cash equivalents increased to $653 million as of March 31, 2025, up from $510 million at the end of 2024[16] - The company reported a net cash provided by operating activities of $209 million for the first quarter of 2025, compared to $85 million in the first quarter of 2024[17] - Net cash provided by financing activities was $(7) million in Q1 2025, compared to $158 million in Q1 2024, indicating a significant decrease[19] - Cash dividends paid increased to $312 million in Q1 2025 from $299 million in Q1 2024, reflecting a rise of approximately 4.3%[19] - The company declared cash dividends of $312 million in the first quarter of 2025, slightly up from $299 million in the same period last year[19] Investments and Acquisitions - The company entered into a definitive agreement to acquire a controlling interest in GHOST for $999 million, with an initial purchase of a 60% stake completed on December 31, 2024[40] - As of March 31, 2025, investments in unconsolidated affiliates totaled $1,568 million, up from $1,543 million as of December 31, 2024, with Nutrabolt being the largest investment at $1,120 million[79] Tax and Compliance - The effective tax rate for the first quarter of 2025 was 21.7%, a decrease from 23.6% in the same quarter of 2024, primarily due to a non-cash revaluation of state deferred tax liabilities[80] - The company maintained compliance with its minimum interest coverage ratio of 3.25 to 1.00 under the 2025 Revolving Credit Agreement as of March 31, 2025[35] Restructuring and Litigation - The restructuring program initiated in March 2024 is expected to incur pre-tax charges between $125 million and $145 million through the second half of 2025[93] - The company plans to continue its restructuring efforts, including the closure of the Windsor, Virginia manufacturing facility, expected to be completed in the second quarter of 2025[92] - Litigation reserves remained at $2 million as of both March 31, 2025, and December 31, 2024, with ongoing antitrust litigation claims exceeding $5 billion[87][90] - Keurig reached a settlement agreement for $31 million in the Multidistrict Antitrust Litigation, resolving claims from indirect purchasers[89] Stock and Compensation - Stock-based compensation expense for Q1 2025 was $22 million, down from $28 million in Q1 2024[74] - As of March 31, 2025, the company had 12,522,161 outstanding Restricted Share Units (RSUs) with an intrinsic value of $429 million[75] - The company recognized $205 million of unrecognized compensation cost related to unvested RSUs, expected to be recognized over a weighted average period of 3.3 years[76] - The company granted 443,933 Performance Share Units (PSUs) with a fair value of $30.71, resulting in a balance of 442,619 PSUs as of March 31, 2025[78]

Core Viewpoint - Keurig Dr Pepper has appointed two new independent directors, Mike Van de Ven and Lawson Whiting, and Bob Gamgort has transitioned to the role of non-executive Chairman of the Board, effective April 24, 2025 [1][2]. Group 1: Board Changes - The appointments of Mike Van de Ven and Lawson Whiting are aimed at strengthening the Board of Directors with their extensive experience in business management and brand leadership [2]. - Bob Gamgort's transition from Executive Chairman to non-executive Chairman reflects the company's evolution and strategic direction [2]. Group 2: Profiles of New Directors - Mike Van de Ven has 32 years of experience at Southwest Airlines, including roles as President and Chief Operating Officer, and he holds a Bachelor of Business Administration in Accounting [2][3]. - Lawson Whiting has over 25 years at Brown-Forman Corporation, serving as President and CEO since January 2019, and he holds degrees in Finance and Business Administration [3]. Group 3: Company Overview - Keurig Dr Pepper is a leading North American beverage company with over 125 brands and annual revenue exceeding $15 billion, holding leadership positions in various beverage categories [5].

EXHIBIT 99.1 Company Reaffirms 2025 Constant Currency Net Sales and Adjusted EPS Outlook BURLINGTON, MA and FRISCO, TX (April 24, 2025) – Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the first quarter of 2025 and reaffirmed its full year guidance. | | Reported GAAP Basis | 1 Adjusted Basis | | --- | --- | --- | | | Q1 | Q1 | | Net Sales | $3.64 bn | $3.64 bn | | % vs prior year | 4.8% | 6.4% | | Diluted EPS | $0.38 | $0.42 | | % vs prior year | 15.2% | 10.5% | Commenting on the results, CE ...

Strong Q1 Results Driven by Top-Line Momentum and Operational Discipline Double-Digit Net Sales Growth in U.S. Refreshment Beverages Company Reaffirms 2025 Constant Currency Net Sales and Adjusted EPS Outlook BURLINGTON, Mass. and FRISCO, Texas, April 24, 2025 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the first quarter of 2025 and reaffirmed its full year guidance. Reported GAAP Basis Adjusted Basis1 Q1 Q1 Net Sales $3.64 bn $3.64 bn % vs prior y ...

Wall Street analysts expect Keurig Dr Pepper, Inc (KDP) to post quarterly earnings of $0.38 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $3.56 billion, up 2.8% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. ...

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Wall Street expects flat earnings compared to the year-ago quarter on higher revenues when Keurig Dr Pepper, Inc (KDP) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 24, 2025, might help the stock move higher if these key numbers are ...

Keurig Dr Pepper Inc. (KDP) is scheduled to release first-quarter 2025 results on April 24, before market open. The company is expected to register top-line growth when it reports the quarterly results. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.56 billion, indicating a 2.8% rise from the year-ago period’s number.The consensus estimate for KDP’s first-quarter earnings has remained unchanged in the past 30 days at 38 cents per share. The consensus mark for earnings per share remains ...