EXHIBIT 99.1 Keurig Dr Pepper Reports Q4 2023 Results and Provides Outlook for 2024 | | | Reported GAAP Basis | Adjusted Basis | 1 | | --- | --- | --- | --- | --- | | | Q4 | FY 2023 | Q4 | FY 2023 | | Net Sales | $3.87 bn | $14.81 bn | $3.87 bn | $14.81 bn | | % vs prior year | 1.7% | 5.4% | 1.1% | 4.9% | | Diluted EPS | $0.49 | $1.55 | $0.55 | $1.79 | | % vs prior year | 53.1% | 53.5% | 10.0% | 6.0% | Adjusted financial metrics presented in this release are non-GAAP, excluding items affecting comparability ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-33829 Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization ...

Keurig Dr Pepper Inc. (KDP) is scheduled to release fourth-quarter 2023 results on Feb 22, before market open. The company is expected to register top and bottom-line growth when it reports fourth-quarter numbers.The Zacks Consensus Estimate for KDP’s fourth-quarter earnings has remained unchanged in the past 30 days at 54 cents per share. The consensus mark for earnings suggests year-over-year growth of 8%. The consensus mark for quarterly revenues is pegged at $3.9 billion, indicating 2.9% growth from the ...

BURLINGTON, Mass. and FRISCO, Texas, Feb. 1, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced the expansion of its current partnership with iconic Italian coffee company, Lavazza Group, to include wider sales and distribution of Lavazza K-Cup® pods and the introduction of the company's Canadian brand, Kicking Horse® Coffee, to the K-Cup® pod format. Under the agreement, KDP will continue to be the exclusive sourcing partner and manufacturer of premium Lavazza K-Cup® pods and add sales and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number 001-33829 Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) Delaware 98-0517725 (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. employer identification number) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commissio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number 001-33829 Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) Delaware 98-0517725 (State or other jurisdiction of inco ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-33829 Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) Delaware 98-0517725 (State or other jurisdiction of incorpora ...

Financial Data and Key Metrics Changes - Total company net sales increased by 11.8% to $3.6 billion, driven by growth across all segments, particularly in the cold beverage business [27][30] - Adjusted gross profit grew by 8.6%, with a gross margin of 54.8%, reflecting significant price increases that approached inflation levels [28][29] - Adjusted operating income increased by 2%, while adjusted net income rose by 4.3%, leading to a 4.5% increase in adjusted diluted EPS to $0.46 [29][30] Business Line Data and Key Metrics Changes - Packaged beverage net sales grew by 15.6%, driven by higher net price realization and effective marketing [30] - Coffee system net sales increased by 5.2%, with a decline in brewer shipments of 15% compared to last year, but still 16% above pre-COVID levels [32][33] - Latin America beverage segment net sales advanced by 28.8%, with strong performance from brands like Peñafiel and Clamato [34][25] Market Data and Key Metrics Changes - The company reported a 12% increase in dollar consumption for carbonated soft drinks, with share gains in premium waters, seltzers, and teas [13][14] - The single-serve coffee category saw a 6% increase in consumption, with KDP maintaining an 82% market share in manufactured pods [19][20] Company Strategy and Development Direction - The company focuses on managing its business for various macroeconomic outcomes, leveraging a resilient operating model to drive success [9][10] - Strategic partnerships, such as with Red Bull in Mexico, aim to enhance market presence and operational efficiencies [25][66] - The company is committed to adding 2 million new households to the Keurig system annually, with a long-term view of over 50 million potential households [12][46] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate inflationary pressures and maintain strong market share [10][29] - The outlook for Q4 is positive, with expectations for margin improvement and strong EPS growth driven by effective pricing strategies [89][90] - The company anticipates a normalization of household penetration rates post-COVID, aligning with long-term growth targets [60][61] Other Important Information - The company announced the appointment of a new CFO, Sudhanshu Priyadarshi, to strengthen its financial strategy [38] - A strategic realignment of the supply chain organization aims to enhance productivity and decision-making speed [39][96] Q&A Session Summary Question: Brewer shipments decline context and holiday plans - Management clarified that the decline in brewer shipments aligns with the target of adding 2 million households, which requires fewer brewer sales compared to previous years [44][45] Question: Private label performance in coffee - Management noted limited exposure to private label competition and emphasized the company's strong market share in various categories [55][56] Question: M&A environment and valuations - Management indicated a changing M&A environment with opportunities for strategic partnerships rather than low-cost acquisitions [64][66] Question: Coffee profit drivers and margin outlook - Management highlighted that green coffee inflation was a major factor affecting profitability, but expects significant improvements in Q4 [76][78] Question: Inventory levels and holiday season expectations - Management reassured that elevated inventory levels are manageable and positioned for a strong holiday season, emphasizing the functional appeal of Keurig brewers [81][87]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission file number 001-33829 Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) Delaware 98-0517725 (State or other jurisdiction of ...