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Is Keurig Dr Pepper (KDP) Outperforming Other Consumer Staples Stocks This Year?
ZACKS· 2024-06-26 14:45
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Keurig Dr Pepper, Inc is currently sporting a Zacks Rank of #2 (Buy). Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Has Keurig Dr Pepper, Inc (KDP) been one of those stocks this year? Let's take a closer loo ...
Move Over Pepsi, There's Officially a New No. 2 Soda Behind Coca-Cola
The Motley Fool· 2024-06-14 09:10
For well over a century, The Coca-Cola Company (KO 0.17%) and Pepsico (PEP -0.30%) -- or the Pepsi-Cola Company as it was previously called -- have been locked in a struggle for carbonation supremacy. This struggle is sometimes called the Cola Wars. For 40 years, little has changed. That is, until now. Pepsi briefly took the top spot in the 1980s during Coca-Cola's New Coke fiasco, according to Beverage Digest. However, Pepsi fell back to second place and has stayed there for nearly 40 years. But Dr Pepper ...
Keurig Dr Pepper's (KDP) Strategic Initiatives Look Encouraging
ZACKS· 2024-06-04 18:26
In addition, management highlighted an evolving enterprise strategy, which focuses on five pillars to deliver sustainable growth. These comprise a road map to guide the company's employees' actions every day with directives to champion consumer-obsessed brand building, shape its now and next beverage portfolio, amplify the route-to-market advantage, produce fuel for growth and dynamically allocate capital. Keurig Dr Pepper is experiencing strong market share gains across categories. In the first quarter, ac ...
Keurig Dr Pepper (KDP) Agrees to Acquire Kalil Bottling Assets
ZACKS· 2024-06-03 15:56
Keurig Dr Pepper Inc. (KDP) appears encouraging, thanks to its robust business strategies. The company has been gaining from expansion initiatives, innovation, brand strength and pricing actions. In the latest development, it has agreed to acquire the entire production, sales and distribution assets of independent bottler Kalil Bottling Co. (Kalil). Let's Delve Deeper The acquisition is likely to conclude in the third quarter of 2024. However, the terms of the agreement have been kept under cover. This acqu ...
Keurig Dr Pepper Strengthens National Direct-Store-Delivery Operations with Acquisition of Strategic Assets from Kalil Bottling Company
Prnewswire· 2024-05-31 20:00
Acquisition creates first Company-owned manufacturing, sales and distribution operations in Arizona BURLINGTON, Mass. and FRISCO, Texas, May 31, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced an agreement to acquire all production, sales and distribution assets of independent bottler Kalil Bottling Co. (Kalil). With the agreement, KDP's Company-owned direct-store-delivery (DSD) operations will gain new bottling and distribution rights in Arizona to key KDP brands including Canada Dry, 7 ...
Keurig Dr Pepper's (KDP) Strategic Efforts Good: Apt to Hold
Zacks Investment Research· 2024-05-13 16:05
Keurig Dr Pepper Inc. (KDP) seems well-poised for growth, thanks to its robust business strategies. The company has been gaining from expansion initiatives, innovation, brand strength and pricing actions. It has also been launching various products and expanding distribution across the international markets. Buoyed by such strengths, shares of this energy drinks and alternative beverages' marketer have gained 8.2% against the industry's 0.6% drop over the past year. Analysts seem quite optimistic about the ...
Why Keurig Dr Pepper Stock Popped Today
The Motley Fool· 2024-04-25 19:00
The company's profits are above expectations.Shares of coffee and carbonated beverage giant Keurig Dr Pepper (KDP 4.07%) popped on Thursday after the company reported soaring profits in its latest quarterly financial report. As of 2:40 p.m. ET, Keurig Dr Pepper stock was up 4% but it had been up almost 7% earlier in the day.Profits are up more than salesKeurig Dr Pepper mostly sells coffeemakers, coffee brewing supplies, and packaged beverages. In the first quarter of 2024, the company's net sales were only ...
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 ...