Ghost will join the company's energy drink line-up. While its Dr Pepper soda brand has been taking market share, Keurig Dr Pepper (KDP 0.34%) stock nonetheless fell following its third-quarter results as weakness in its coffee segment continued. Meanwhile, the company announced a big acquisition in the energy drink space. With the stock trading lower, let's take a closer look at its most recent results and acquisition to see if now is a good time to buy. A tale of two segments Keurig Dr Pepper's refreshment ...

BURLINGTON, Mass., and FRISCO, Texas, Oct. 29, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) (the "Company or "KDP") announced today the pricing of its previously-announced registered public offering of 60,000,000 shares through a secondary offering by a subsidiary of JAB Holding Company s.a.r.l. ("JAB"), at a price to the public of $32.85 per share. JAB has also granted the underwriter a 30-day option to purchase up to an additional 9,000,000 shares.Following the completion of the offering, JAB will ...

BURLINGTON, Mass. and FRISCO, Tex., Oct. 28, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) (the "Company or "KDP") announced today that a subsidiary of JAB Holding Company s.a.r.l. ("JAB") will sell an aggregate of 60,000,000 shares of KDP common stock through a proposed registered public offering. JAB has also granted the underwriter a 30-day option to purchase up to an additional 9,000,000 shares. Following the completion of the offering, JAB will beneficially own approximately 16.5% of KDP's outsta ...

Keurig Dr Pepper Inc. (KDP) posted third-quarter 2024 results, wherein earnings per share were in line with the Zacks Consensus Estimate and sales missed the same. Both top and bottom lines improved year over year.Adjusted earnings of 51 cents per share grew 6.3% year over year and came in line with the Zacks Consensus Estimate. The bottom-line growth was driven by strong growth in adjusted operating income and a reduced share count, partly negated by elevated interest expenses.Stay up-to-date with all quar ...

Key TakeawaysKeurig Dr Pepper's revenue missed analysts' estimates as U.S. coffee sales slumped.The coffee and soft drink company also announced it was buying energy-drink maker GHOST Beverages. Keurig Dr Pepper will pay $990 million for a 60% stake in GHOST, and purchase the remaining 40% in 2028 at a price to be determined.The stock slid in Thursday trading. Keurig Dr Pepper (KDP) shares fell Thursday after the coffee and soft drink company posted worse-than-expected sales and announced it was purchasing ...

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Keurig Dr Pepper Inc. (NASDAQ:KDP) Q3 2024 Earnings Call October 24, 2024 8:00 AM ET Company Participants Jane Gelfand - Head, Investor Relations Tim Cofer - Chief Executive Officer Sudhanshu Priyadarshi - Chief Financial Officer and President, International Conference Call Participants Kaumil Gajrawala - Jefferies Brett Cooper - Consumer Edge Research Dara Mohsenian - Morgan Stanley Chris Carey - Wells Fargo Securities Robert Ottenstein - Evercore Operator Good morning, ladies and gentlemen and thank you f ...

The beverage giant came up short on the top line and surprised investors with an acquisition. Shares of Keurig Dr Pepper (KDP -5.44%) were heading lower today after the beverage giant posted disappointing results in its third-quarter earnings report. The company also said it would acquire Ghost, a maker of energy drinks. As of 9:58 a.m. ET, the stock was down 4.3% on the news. Keurig comes up short Keurig Dr Pepper reported revenue in the quarter up 2.3% to $3.89 billion, which was short of estimates at $3. ...

For the quarter ended September 2024, Keurig Dr Pepper, Inc (KDP) reported revenue of $3.89 billion, up 2.3% over the same period last year. EPS came in at $0.51, compared to $0.48 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.92 billion, representing a surprise of -0.82%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- 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, 2024 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 ...