Keurig Dr Pepper Inc.’s (KDP) robust business strategies poise it well for growth. The company has been gaining from brand strength and pricing actions. KDP’s expansion initiatives and efforts to innovate its products are acting as tailwinds. Let us delve deeper.KDP’s Strategies Seem EncouragingKeurig Dr Pepper has been making substantial strides with its strategy to reshape its portfolio through its recent announcement to acquire a 60% stake in GHOST Lifestyle LLC, with an option to purchase the remaining ...

Close-up shot of the logo for the Kimberly-Clark Corporation, an American paper-based consumer ... [+] product manufacturer, in a medical setting in San Francisco, California, April 18, 2021. (Photo by Smith Collection/Gado/Getty Images)Gado via Getty ImagesGiven its better prospects, we believe that Keurig Dr Pepper stock (NYSE: KDP) is currently a better consumer defensive pick than Kimberly-Clark stock (NYSE: KMB). KDP stock trades at a slightly higher valuation multiple of 2.9x revenues, versus 2.3x fo ...

Keurig Dr Pepper Inc. (KDP) shares have lost 10.2% in the past three months compared with the Zacks Beverages - Soft Drinks industry’s 9.2% decline. It has also lagged the broader  Consumer Staples sector’s 4.7% decline and the S&P 500’s 6.5% rise in the said time frame.Closing at $32.04 yesterday, KDP remains below its 50-day and 200-day SMA of $35.4 and $33.52, respectively, indicating a possible sustained downward trend.Image Source: Zacks Investment ResearchWhat’s Weighing on Keurig Dr Pepper’s Performa ...

Company elevates digital-first capabilities as part of consumer-obsessed strategy BURLINGTON, Mass. and FRISCO, Texas, Nov. 11, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced the appointment of Drew Panayiotou as Chief Marketing Officer (CMO), U.S. Refreshment Beverages, effective today. Panayiotou brings a modern approach to marketing and a broad range of experience to the role, having led teams at agencies and across multiple industries, including beverages, technology, health care, retail ...

This could be an opportunity for dividend investors.Shares of beverage company Keurig Dr Pepper (KDP -0.43%) fell 12.1% in October, according to data provided by S&P Global Market Intelligence. It was a busy month for the company, considering it reported financial results, acquired another company, and had some insider ownership activity. However, as the stock price demonstrates, the news wasn't well received by investors.On Oct. 24, Keurig Dr Pepper reported financial results for the third quarter of 2024. ...

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 ...

Core Insights - Keurig Dr Pepper Inc. (KDP) reported third-quarter 2024 results with earnings per share of 51 cents, in line with estimates, while sales of $3.89 billion missed expectations [1][2] - The company experienced year-over-year growth in both adjusted earnings and sales, driven by strong performance in the International and U.S. Refreshment Beverages segments [1][2] Financial Performance - Adjusted earnings per share grew 6.3% year over year, supported by increased adjusted operating income and a reduced share count, despite higher interest expenses [1] - Net sales increased 2.3% year over year but fell short of the Zacks Consensus Estimate, with a constant-currency improvement of 3.1% [2] - Adjusted gross profit rose 2.5% to $2.18 billion, with an adjusted gross margin expansion of 20 basis points to 56% [3] - Adjusted operating income increased 7.5% to $1.05 billion, with an adjusted operating margin expanding 110 basis points to 27% [3] Segment Performance - U.S. Refreshment Beverages segment sales reached $2.39 billion, up 5.3% year over year, driven by a 4% growth in volume/mix [4] - U.S. Coffee segment sales declined 3.6% to $976 million, with a volume/mix improvement of 2.7% offset by a 6.3% unfavorable net price realization [5] - International segment sales increased 0.4% to $525 million, with a constant-currency growth of 6.5% [5] Financial Health - As of September 30, 2024, KDP had cash and cash equivalents of $552 million, long-term obligations of $12.4 billion, and total stockholders' equity of $25 billion [6] - Net cash provided by operating activities for the first nine months of 2024 was $1.4 billion, with free cash flow amounting to $973 million [6] Forward Outlook - KDP reaffirmed its fiscal 2024 guidance, expecting mid-single digits constant-currency net sales growth and high single digits adjusted earnings per share growth [7]

Core Insights - For Q3 2024, Keurig Dr Pepper, Inc reported revenue of $3.89 billion, a 2.3% increase year-over-year, with EPS at $0.51 compared to $0.48 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $3.92 billion, resulting in a surprise of -0.82%, while EPS met the consensus estimate [1] Financial Performance Metrics - U.S. Coffee net sales were $976 million, below the average estimate of $984.86 million, reflecting a year-over-year decline of -3.6% [2] - International net sales reached $525 million, slightly below the average estimate of $554.78 million, with a year-over-year increase of +0.4% [2] - U.S. Refreshment Beverages net sales were $2.39 billion, slightly above the estimated $2.38 billion, showing a year-over-year growth of +5.3% [2] Stock Performance - Over the past month, shares of Keurig Dr Pepper have decreased by -2.3%, contrasting with the Zacks S&P 500 composite's increase of +1.5% [2] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [2]