Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales
Keurig Dr Pepper reported quarterly earnings and revenue that met analysts' expectations on Thursday as higher prices fueled its U.S. soda sales. Earnings per share: 45 cents adjusted, in line with estimates Revenue: $3.92 billion, in line with estimates Net sales rose 3.5% to $3.92 billion. Volume, which excludes pricing and currency changes, increased 1.8% during the quarter, while prices were up 1.6% compared with the year-ago period. Keurig Dr Pepper's U.S. coffee division's sales shrank 2.1% to $1 bill ...