EXHIBIT 99.1 Keurig Dr Pepper Reports Q4 and Full Year 2025 Results and Provides 2026 Outlook Delivers 2025 Results Consistent with Guidance Performance Led by Strong Momentum in U.S. Refreshment Beverages Targets Double-Digit Adjusted EPS Growth in 2026, Including Anticipated JDE Peet's Contribution Role of Board Chair to Transition from Bob Gamgort to Pamela Patsley BURLINGTON, MA and FRISCO, TX (February 24, 2026) – Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the fourth quarter and ful ...

Core Viewpoint - Keurig Dr Pepper has secured an additional $1.5 billion in equity funding to support its $18 billion acquisition of JDE Peet's, aiming to enhance its competitive position against industry leader Nestle and manage high commodity costs [1][3]. Group 1: Funding and Acquisition Details - The additional funding will help reduce the projected debt level to approximately 4.5 times earnings post-acquisition, down from an earlier estimate of 4.6 times earnings [3]. - The company has decided against a partial public listing of its beverages unit, which was initially planned as part of the merger strategy [2]. - The acquisition deal is expected to close in early April, with a planned business split into Global Coffee Co and Beverage Co by the end of the year [2]. Group 2: Market Reaction and Investor Involvement - Shares of Keurig Dr Pepper have decreased by about 15% since the announcement of the acquisition [4]. - The latest funding round was led by Apollo and KKR, with early commitments from T. Rowe Price Investment Management [4].

Core Insights - Keurig Dr Pepper Inc. (KDP) is expected to report fourth-quarter 2025 results on February 24, with projected revenue of $4.36 billion, reflecting a 7.2% increase year-over-year [1][9] - The consensus estimate for KDP's earnings per share (EPS) remains at 59 cents, indicating a 1.7% year-over-year growth [2] Financial Performance - KDP's Refreshment Beverages segment is projected to generate $2.7 billion in revenue, a 12.5% increase from the previous year, driven by pricing and volume gains [5][9] - The company has achieved an average earnings surprise of 3.1% over the last four quarters, with the last quarter showing a break-even earnings surprise [2] Growth Drivers - Continued strength in brand performance, pricing actions, and expansion initiatives are contributing positively to KDP's results [3][4] - The company is focusing on premium and cold coffee innovations, along with partnerships to enhance its product portfolio [4] Challenges - KDP faces challenges from tariff and inflationary pressures, particularly in green coffee prices, and has been experiencing a sluggish performance in its Coffee segment [6][9] - Elevated selling, general and administrative (SG&A) costs, including increased marketing investments, are also impacting profitability [6] Valuation - KDP's stock is currently trading at a forward price-to-earnings ratio of 13.25x, which is below its five-year high of 23.33x and the industry average of 20.08x, indicating potential value for investors [7] Market Performance - KDP's shares have increased by 8.4% over the past three months, compared to the industry's growth of 12.5% [8]

Core Insights - Keurig Dr Pepper is launching over 35 new beverage varieties in 2026, focusing on bold flavors, nostalgic favorites, zero sugar options, and expanded energy offerings [1][2][3] - The company aims to meet consumer demand for diverse beverage choices throughout the day, with a significant percentage of Americans and Gen Z actively trying new beverages each month [1][2] - Innovations include limited-time offerings and modern twists on classic flavors, catering to current trends and seasonal celebrations [1][2][3] Product Innovations - New flavors include Dr Pepper Creamy Coconut, A&W Root Beer Float, and Snapple Two Hundred FifTEA Party, designed to appeal to nostalgic and contemporary tastes [1][2] - The Snapple brand is undergoing a visual refresh to enhance shelf appeal and highlight real ingredients [2][3] - Mott's is introducing a Zero Sugar juice drink line, expanding options for health-conscious consumers [3] Market Trends - Zero sugar beverages are significantly outpacing regular varieties, driving six times more dollar growth, indicating a shift in consumer preferences towards healthier options [2][3] - Citrus flavors remain popular among younger consumers, with new products like Bai Barù Blood Orange and 7UP Endless Summer Mandarin Orange being introduced [3] Energy Beverage Segment - The energy drink market is seeing new entries such as GHOST Energy and C4 Energy, featuring innovative flavors and formats to attract younger consumers [2][3] - Black Rifle Energy and Bloom Sparkling Energy are also expanding their offerings with unique flavor profiles [3] Company Overview - Keurig Dr Pepper operates with over 125 brands and reported annual revenues exceeding $15 billion, holding leadership positions in various beverage categories [2][3] - The company emphasizes a commitment to innovation and sustainability, aiming to enhance beverage experiences while positively impacting communities and the environment [2][3]

Group 1: Keurig Dr Pepper Inc - Keurig Dr Pepper Inc reported a revenue increase of 7% year-over-year, reaching $3.1 billion in the latest quarter [1] - The company’s net income rose to $500 million, reflecting a 10% increase compared to the previous year [1] - Strong performance in the coffee segment, particularly in single-serve products, contributed significantly to the revenue growth [1] Group 2: Cooper Companies Inc - Cooper Companies Inc experienced a revenue growth of 9% year-over-year, totaling $800 million for the quarter [1] - The company’s net earnings increased by 12%, amounting to $150 million, driven by higher demand for contact lenses [1] - Cooper's strategic focus on expanding its product portfolio has enhanced its market position [1] Group 3: Matador Resources Company - Matador Resources Company reported a 15% increase in revenue, reaching $400 million, primarily due to higher oil prices [1] - The company’s net income surged to $100 million, a 20% increase from the previous year [1] - Matador's operational efficiency and cost management strategies have positively impacted its profitability [1]

Core Viewpoint - Keurig Dr Pepper (KDP) is enhancing its Board of Directors by appointing two independent directors and restructuring its governance committees to support its transformation and upcoming separation into two independent companies, "Beverage Co." and "Global Coffee Co." [1] Group 1: Board Changes - Effective March 2, 2026, Amie Thuener and William "Bill" Newlands will join KDP's Board as independent directors [1] - The existing Remuneration & Nominating Committee will be split into two new committees: Nominating & Governance and Compensation Committees [1] Group 2: Directors' Backgrounds - Amie Thuener has 30 years of finance and accounting experience, currently serving as Vice President, Corporate Controller, and Chief Accounting Officer at Alphabet [1] - Bill Newlands brings over 40 years of experience in the beverage alcohol and consumer packaged goods industries, having served as President and CEO of Constellation Brands for over seven years [1] Group 3: Company Overview - KDP is a leading beverage company in North America with annual revenue exceeding $15 billion and a portfolio of over 125 brands [1] - The company holds leadership positions in various beverage categories, including carbonated soft drinks, coffee, tea, and water, and is known for its single-serve coffee brewing systems [1]

Core Insights - Keurig Dr Pepper operates as a major North American beverage company with a diverse portfolio of over 125 brands [1] Company Overview - The company spans various beverage categories including carbonated soft drinks, coffee, tea, water, juice, and mixers [1]

Core Insights - The discussion centers around the challenges and strategies of introducing coconut water to the U.S. market, highlighting the entrepreneurial journey of Vita Coco's CEO, Mike Kerban, and the competitive landscape of the coconut water industry [1][2][4]. Company Background - Vita Coco was founded when the CEO and his friends discovered the popularity of coconut water in Brazil, leading to the creation of a brand aimed at introducing this beverage to the U.S. market [1][4]. - The initial goal was modest, aiming to sell a small quantity of coconut water, but it evolved into a significant business venture [1][4]. Market Entry Challenges - Educating consumers about coconut water was a major hurdle, as many initially confused it with coconut milk, which is thick and creamy [1][4]. - The company utilized sampling in natural food stores and yoga studios to demonstrate the hydration benefits of coconut water, which contains more electrolytes than leading sports drinks [1][4]. Competitive Landscape - The entry of another coconut water brand, Ziko, led to intense competition, referred to as the "coconut water wars," where Vita Coco engaged in aggressive marketing tactics to secure shelf space [2][4][5]. - The competition intensified when Coca-Cola announced its acquisition of Ziko, prompting Vita Coco to adopt a more aggressive strategy to maintain its market position [9][10]. Growth and Expansion - After facing stagnation in growth around 2018, the company restructured its sales organization and focused on analytics to drive growth, ultimately leading to a successful public offering [10][11]. - The decision to go public was influenced by the need to provide liquidity for early investors while allowing the CEO to continue running the business [10][11]. Lessons Learned - The CEO emphasized the importance of resilience in entrepreneurship, stating that the ability to recover quickly from setbacks is crucial for success [10][11]. - The lack of a formal business plan initially led to mistakes, but it also allowed for innovative approaches that contributed to the company's unique market position [11][12].

Core Viewpoint - Keurig Dr Pepper Inc. is set to release its financial results for Q4 and the full year ended December 31, 2025, on February 24, 2026, before market opening [1] Financial Results Announcement - The financial results will be discussed in a conference call hosted by CEO Tim Cofer and CFO Anthony DiSilvestro on February 24, 2026, at 8:00 AM (ET) [1] - Investors and analysts can access the call via specific phone numbers for the U.S., Canada, and international participants [2] - A replay of the call will be available from February 24, 2026, at approximately 11:00 AM (ET) until March 10, 2026 [2] Company Overview - Keurig Dr Pepper is a leading beverage company in North America with over 125 brands and annual revenue exceeding $15 billion [4] - The company holds leadership positions in various beverage categories, including carbonated soft drinks, coffee, tea, water, juice, and mixers [4] - Keurig Dr Pepper is recognized for having the 1 single-serve coffee brewing system in the U.S. and Canada [4] - The company aims to enhance beverage experiences and positively impact communities and the planet through its purpose-driven initiatives [4]

Group 1 - Keurig Dr Pepper and Kodiak BidCo have initiated an all-cash takeover bid for JDE Peet's, a coffee and tea group [1] - The completion of the takeover is anticipated to occur early in the second quarter [1]