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Keurig Dr Pepper Q2 Beats Revenue Estimate, Boosts U.S. Coffee Units

Keurig Dr Pepper Q2 Beats Revenue Estimate, Boosts U.S. Coffee Units

by Mike Duff | Jul 25, 2024 | Retail Articles

In the second quarter, Keurig Dr Pepper recorded net earnings that matched a Wall Street estimate and sales that narrowly topped the forecast, with unit volume increasing in coffee machines and K-cups. In the U.S. Coffee segment, net sales slipped 2.1% to $1 billion...
Cofer Assumes CEO Role As Keurig Dr Pepper Q1 Beats Street

Cofer Assumes CEO Role As Keurig Dr Pepper Q1 Beats Street

by Mike Duff | Apr 25, 2024 | Featured News, Retail Articles

As it welcomes new CEO Tim Cofer, Keurig Dr Pepper posted sales and earnings that surpassed Wall Street expectations. In the first quarter, net income was $454 million, or 33 cents per diluted share, versus $467 million, or 33 cents per diluted share, in the...
Keurig Dr Pepper Q2 Beats Revenue Estimate, Boosts U.S. Coffee Units

Keurig Dr Pepper Q4 Earnings Beat Street Despite Coffee Decline

by Mike Duff | Feb 22, 2024 | Appliances, Home + Housewares, Kitchen Electrics

For Keurig Dr Pepper, the fourth quarter included sales and income gains, including a Wall Street beat on earnings, even as the coffee segment lagged. Company net income was $693 million, or 49 cents per diluted share, versus $453 million, or 32 cents per diluted...
Keurig Expands K-Cup Partnership With Lavazza

Keurig Expands K-Cup Partnership With Lavazza

by Peter Giannetti | Feb 1, 2024 | Appliances, Home + Housewares, Kitchen Electrics

Keurig Dr Pepper (KDP) has expanded its partnership with Italian coffee company Lavazza Group to include wider sales and distribution of Lavazza K-Cup pods and the introduction of Lavazza’s Canadian brand, Kicking Horse Coffee, to the K-Cup pod format. Under the...
Keurig Expands K-Cup Partnership With Lavazza

Keurig Promotes Minogue To Lead U.S. Coffee Business

by Peter Giannetti | Nov 2, 2023 | Appliances, Kitchen Electrics

Keurig Dr Pepper Inc. (KDP) announced several leadership appointments, including a new head of the company’s U.S. coffee business, effective November 6. Patrick Minogue, who currently serves as senior vice president and general manager, Coffee, was promoted to...
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