Keurig Dr Pepper Mushy Drink Gross sales Take Off, However Espresso Prices Restrict Positive factors

Key Takeaways

• Keurig Dr Pepper beat revenue and gross sales estimates as demand for its U.S. smooth drinks jumped.
• U.S. espresso income slid, damage by "escalating inexperienced espresso prices."
• The corporate added two new impartial board members, and Govt Chair Bob Gamgort has moved to Non-Govt Chair.

Shares of Keurig Dr Pepper (KDP) fell barely Thursday morning even because the espresso and smooth drink maker posted better-than-expected outcomes, lifted by U.S. beverage gross sales. Nonetheless, the affect of hovering espresso costs muted investor enthusiasm.

The corporate reported first-quarter adjusted earnings per share (EPS) of $0.42, with income rising 5% year-over-year to $3.64 billion. Each exceeded Seen Alpha estimates.

U.S. Refreshment Drinks unit gross sales had been 11% larger at $2.3 billion, boosted by "quantity/combine development of 8% and favorable web value realization of three%." Nonetheless, U.S. espresso gross sales slumped practically 4% to $900 million, damage by a quantity/combine decline that included "pricing actions carried out in response to escalating inexperienced espresso prices." Worldwide gross sales dropped 6% to $400 million.

Keurig Dr Pepper affirmed its full-year steerage of adjusted EPS growing by a high-single-digit proportion, and constant-currency gross sales up by a mid-single-digit proportion. 

As well as, the corporate introduced that it added Mike Van de Ven and Lawson Whiting as impartial administrators, and that Govt Chair Bob Gamgort has shifted to Non-Govt Chair. 

Keurig Dr Pepper shares slipped lower than 1% Thursday morning however have gained about 9% in 2025.