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Keurig Dr Pepper(KDP) - 2024 Q1 - Earnings Call Transcript
2024-04-25 17:37
Keurig Dr Pepper Inc. (NASDAQ:KDP) Q1 2024 Results Conference Call April 25, 2024 8:00 AM ET Company Participants Jane Gelfand - Vice President of Investor Relations & Strategic Initiatives Bob Gamgort - CEO, President & Chairman Tim Cofer - Chief Operating Officer Sudhanshu Priyadarshi - CFO & President of International Conference Call Participants Brian Callen - Bank of America Lauren Lieberman - Barclays Chris Carey - Wells Fargo Peter Grom - UBS Steve Powers - Deutsche Bank Robert Ottenstein - Evercore ...
Keurig (KDP) Stock Gains as Q1 Earnings & Sales Top Estimates
Zacks Investment Research· 2024-04-25 16:21
Keurig Dr Pepper Inc. (KDP) has reported first-quarter 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Both earnings and revenues improved year over year. Results have gained from continued brand strength and significant price realization.Adjusted earnings of 38 cents per share grew 11.8% year over year and beat the Zacks Consensus Estimate of 34 cents. Earnings gains resulted from improved operating income and lower share count, partly offset by a higher tax rate and ...
Keurig Dr Pepper(KDP) - 2024 Q1 - Quarterly Report
2024-04-25 13:21
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, 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) (State or other jurisdiction of incorporation or organiz ...
Keurig Dr Pepper(KDP) - 2024 Q1 - Quarterly Results
2024-04-25 11:01
EXHIBIT 99.1 Keurig Dr Pepper Reports Q1 2024 Results and Reaffirms Fiscal 2024 Guidance Tim Cofer Appointed CEO & Board Member Effective April 26; Bob Gamgort to Serve as Executive Chairman Following Strong Q1, Company Continues to Expect On-Algorithm 2024 Net Sales and Adjusted EPS Growth BURLINGTON, MA and FRISCO, TX (April 25, 2024) – Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the first quarter of 2024, reaffirmed its full year guidance, and announced the completion of its CEO succes ...
Keurig Dr Pepper's (KDP) Q1 Earnings Coming Up: What's in Store?
Zacks Investment Research· 2024-04-19 16:01
Keurig Dr Pepper Inc. (KDP) is scheduled to release first-quarter 2024 results on Apr 25, before market open. The company is expected to register top-line growth when it reports first-quarter numbers. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.43 billion, indicating 2.2% growth from the year-ago period’s reported number.The consensus estimate for KDP’s first-quarter earnings has been unchanged in the past 30 days at 34 cents per share. The consensus mark for earnings has been flat o ...
Will Keurig Dr Pepper (KDP) Stock Recover To Its Pre-Inflation Shock High Of $40?
Forbes· 2024-04-08 12:30
UKRAINE - 2021/05/05: In this Photo illustration a Keurig Dr Pepper logo of an US beverage company ... [+] is seen on a smartphone and a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesKeurig Dr Pepper stock (NASDAQ NDAQ : KDP) currently trades at $31 per share, 23% below the peak level of $40 seen in August 2022, and it seems to have ample room for growth, in our view. KDP stock was trading at around $35 in early June 2022, ju ...
Keurig (KDP) Looks Poised on Growth Initiatives Amid High Costs
Zacks Investment Research· 2024-04-01 16:46
Keurig Dr Pepper (KDP) has been gaining from strong market share growth, continued brand strength and significant pricing. Also, a solid performance in its cold beverages bodes well. This led to the impressive fourth-quarter 2023 results, wherein the bottom line surpassed the Zacks Consensus Estimate. Meanwhile, both earnings and revenues improved year over year.Keurig has been keen on delivering organic sales growth over the years. While most growth across categories and organic sales in recent quarters ha ...
The Original Donut Shop® Launches Iced Refreshers K-Cup® Pods Designed to be Brewed Over Ice from any Keurig Brewer Just in Time for Spring
Prnewswire· 2024-04-01 13:00
The popular coffee brand changes the game with new iced beverages inspired by the coffeeshop in two delicious flavors made with just a push of a buttonBURLINGTON, Mass., April 1, 2024 /PRNewswire/ -- The Original Donut Shop® today announced its latest innovation, The Original Donut Shop Iced Refreshers K-Cup® pods, inspired by the coffeeshop and designed to be brewed over ice from any Keurig® brewer. Available in two delectable flavors, Strawberry Acai and Pineapple Passionfruit, consumers can expect Iced R ...
Thirsty for More Income? Take a Sip of These High-Yield Dividend Stocks.
The Motley Fool· 2024-03-23 12:24
Dividend stocks come from all industries. One sector that currently offers some satisfying payouts is the beverage industry. Coca-Cola (KO 0.03%), Starbucks (SBUX -1.04%), and Keurig Dr Pepper (KDP 0.74%) boast dividend yields of 2.5% or higher, putting them well above the S&P 500's current dividend yield of less than 1.4%. Here's why those seeking to collect more dividend income should look closer at these beverage stocks.Dividend royaltyCoca-Cola's dividend yields 3.2%. The beverage giant has an exception ...
Keurig Dr Pepper to Outline Strategy and Value-creation Opportunities at Investor Event
Prnewswire· 2024-03-19 12:00
Enterprise Strategy Supports Continued Consistent Delivery of Long-Term Financial AlgorithmCompany Also Reaffirms Full Year 2024 Net Sales and Adjusted EPS Outlook BURLINGTON, Mass. and FRISCO, Texas, March 19, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) will discuss its enterprise strategy and the multiple value-creation opportunities supporting its long-term financial outlook at its investor update today in New York City. In connection with the event, the Company reaffirmed its guidance for 2024 c ...