Addition of fast-growing brand accelerates KDP's portfolio evolution towards consumer-preferred spacesDisciplined transaction creates win-win alignment between GHOST and KDPBURLINGTON, Mass., and FRISCO, Tex., and LAS VEGAS and CHICAGO, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced that it has entered into a definitive agreement to acquire GHOST Lifestyle LLC and GHOST Beverages LLC (collectively "GHOST"). Founded in 2016, GHOST® is a lifestyle sports nutrition business with a ...

Keurig Dr Pepper Inc. (KDP) is set to release third-quarter 2024 results on Oct. 24, before the market opens. Analysts are anticipating another decent performance from this beverage and coffee company, with revenues and earnings per share expected to increase year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. For third-quarter revenues, the Zacks Consensus Estimate is pegged at $3.9 billion, indicating a 3.2% increase from the prior-year quarter's figure. The consensus ...

Keurig Dr Pepper, Inc (KDP) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 24, 2024, might help the stock move higher if these key numbers are ...

Keurig Dr Pepper Inc. (KDP) stock has been trending up the charts in the past six months, recording growth of 22.7%. This upside comfortably outpaces the broader Consumer Staples sector's return of 8.1% and the Zacks Beverages - Soft drinks industry's 8.9% growth in the same period. KDP's shares also surpassed the S&P 500 index's appreciation of 11.2% in the same time. The company is gaining from expansion initiatives, innovation, brand strength and pricing actions. Currently priced at $37.48, KDP stock is ...

BURLINGTON, Mass. and FRISCO, Texas, Sept. 26, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the third quarter ended September 30, 2024 before the market opens on Thursday, October 24, 2024. The Company will also hold a conference call on Thursday, October 24, 2024 at 8:00 AM (ET) to discuss the results, which will be hosted by Tim Cofer, Chief Executive Officer, and Sudhanshu Priyadarshi, Chief Financial Officer and President, International. Investors and a ...

Keurig Dr Pepper, Inc (KDP) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of ...

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Is Keurig Dr Pepper, Inc (KDP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question. Keurig Dr Pepper, Inc is one of 184 companies in the Consumer Staples group. The Consumer Staples group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank cons ...

It's not too late for investors to take advantage of either enhanced payout. We've exited the penultimate earnings season of this year, which means the usual seasonal flow of dividend declarations has also ended. Most publicly traded companies, after all, tend to announce their latest shareholder payouts either along with the publication of quarterly results, or a short time before. This is when we get the bulk of dividend raise pronouncements. There are always outliers, though, and in mid-September two hig ...

Core Viewpoint - Monster Beverage is positioned as a superior investment compared to Keurig Dr Pepper, supported by its higher revenue growth, profitability, and financial stability [1] Group 1: Stock Performance - Keurig Dr Pepper stock has increased by 35% from $30 in January 2021 to around $40, while Monster Beverage stock has only risen by about 10% from $45 to $50 during the same period [2] - KDP stock returns were inconsistent, with 17% in 2021, -1% in 2022, and -4% in 2023, while MNST stock returns were 4%, 6%, and 13% respectively [2] Group 2: Revenue Growth - Keurig Dr Pepper's sales grew at an average annual rate of 8.5%, from $11.6 billion in 2020 to $14.8 billion in 2023, while Monster Beverage's sales grew at an average rate of 15.8%, from $4.6 billion to $7.1 billion [4] - Monster Beverage's revenue growth is attributed to strong demand for energy drinks, new product launches, and international market expansion [6] Group 3: Profitability - Keurig Dr Pepper's operating margin was 21.6% in 2023, slightly down from 21.9% in 2020, while Monster Beverage's operating margin decreased from 35.5% to 27.4% during the same period [7] - In the last twelve months, Monster Beverage's operating margin of 27.3% is better than Keurig Dr Pepper's 23% [7] Group 4: Financial Risk - Monster Beverage has a debt-to-equity ratio of 1%, significantly lower than Keurig Dr Pepper's 32% [8] - Monster Beverage also has 19% cash as a percentage of assets, compared to only 1% for Keurig Dr Pepper, indicating a stronger financial position [8] Group 5: Valuation and Future Prospects - Monster Beverage trades at 7x revenues, while Keurig Dr Pepper trades at 3.3x trailing revenues, reflecting a higher valuation multiple for Monster Beverage [9] - The demand for energy drinks is expected to continue growing, supported by Monster Beverage's recent pricing actions and cost-cutting focus [9]

Keurig Dr Pepper Inc. (KDP) announced a raise in its quarterly dividend to 92 cents per share from the previous payout of 86 cents per share. Scheduled to be paid on Oct 11, 2024, to shareholders of record as of Sept. 27, 2024, this 7% hike underscores KDP's commitment to boost the value of its shareholders via regular dividend payments and share repurchases. The new payout makes Keurig Dr Pepper's annualized dividend rate $3.68 per share, translating to an attractive yield of about 10% based on the stock p ...