Tag: $Keurig Dr Pepper Inc

Keurig Dr Pepper Inc. offered an upbeat forecast for its full-year sales, saying it expected a boost from its planned purchase of Dutch coffee maker JDE Peet’s NV later in 2026.

Shares of Keurig Dr Pepper rose sharply in premarket trading Monday after the beverage giant boosted its full-year sales forecast and reported strong sales across several business segments.

U.S. soft drinks giant Keurig Dr Pepper (KDP.O), is set to create a global coffee giant to rival market leader Nestle (NESN.S), with an $18 billion takeover of JDE Peet’s (JDEP.AS), Europe’s largest acquisition in more than two years.

Keurig Dr Pepper reported first-quarter revenue and profit above Wall Street expectations on Thursday, helped by strong demand for its energy drinks and beverages among U.S. consumers.

Keurig Dr Pepper fourth-quarter sales climbed higher as the company sold more beverages at higher prices, even as the company swung to a loss.

Keurig Dr Pepper’s earnings jumped more than 50% in the fourth quarter although challenges in its coffee business limited overall growth to about 1%.

Keurig Dr Pepper (KDP.O) on Wednesday named packaged foods industry veteran Tim Cofer as its new chief executive, replacing Bob Gamgort.

Keurig Dr Pepper Inc  beat Wall Street estimates for quarterly results on Thursday and forecast higher annual sales, as the soda maker benefits from multiple rounds of price hikes that helped counter slowing demand due to still high inflation.