Latest news with #DrPepperBlackberry
Yahoo
24-04-2025
- Business
- Yahoo
Keurig Dr Pepper beats profit estimates on strong U.S. demand
(Corrects paragraph 1 to say Thursday, not Tuesday) (Reuters) -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. WHY IT IS IMPORTANT The Snapple maker saw resilient demand for its higher-priced ready-to-drink beverages, especially in the U.S. market, fueled by new flavor variants including Dr Pepper Blackberry and Snapple Peach Tea & Lemonade. Keurig has also benefited from the popularity of energy-drink maker Ghost's products, having bought a 60% stake in October. In contrast, bigger rival PepsiCo cut its annual profit forecast and warned of higher production costs and more volatility from President Donald Trump's trade tariffs, after narrowly missing quarterly profit estimates. MARKET REACTION Shares of Keurig Dr Pepper, which have risen about 10% so far this year, were up about 2% in premarket trading. CONTEXT U.S. consumers may face a surge in product prices following President Donald Trump's tariffs on trading partners. Tariffs have put the company's business in Canada and Mexico at risk, especially as Canadian consumers boycott certain U.S. products. Coffee prices could also rise further due to tariffs, hurting the company's margins and consumer demand. An ongoing destocking at retailers is expected to weigh on some packaged foods makers, but RBC analyst Nik Modi said Keurig's increased distribution of La Colombe coffee, Electrolit beverages and Ghost energy drinks may help offset those pressures. BY THE NUMBERS Keurig Dr Pepper posted an adjusted profit of 42 cents per share for the quarter, beating analysts' average estimate of 38 cents per share, according to data compiled by LSEG. Net sales rose 4.8% to $3.64 billion, compared with estimates of $3.57 billion. Its biggest segment, U.S. Refreshment Beverages, saw an increase of 11% in sales. The company reaffirmed its annual revenue and profit forecasts from February. Sign in to access your portfolio
Reuters
24-04-2025
- Business
- Reuters
Keurig Dr Pepper beats profit estimates on strong U.S. demand
April 24 (Reuters) - Keurig Dr Pepper (KDP.O), opens new tab 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. WHY IT IS IMPORTANT The Snapple maker saw resilient demand for its higher-priced ready-to-drink beverages, especially in the U.S. market, fueled by new flavor variants including Dr Pepper Blackberry and Snapple Peach Tea & Lemonade. Keurig has also benefited from the popularity of energy-drink maker Ghost's products, having bought a 60% stake in October. In contrast, bigger rival PepsiCo (PEP.O), opens new tab cut its annual profit forecast and warned of higher production costs and more volatility from President Donald Trump's trade tariffs, after narrowly missing quarterly profit estimates. MARKET REACTION Shares of Keurig Dr Pepper, which have risen about 10% so far this year, were up about 2% in premarket trading. CONTEXT U.S. consumers may face a surge in product prices following President Donald Trump's tariffs on trading partners. Tariffs have put the company's business in Canada and Mexico at risk, especially as Canadian consumers boycott certain U.S. products. Coffee prices could also rise further due to tariffs, hurting the company's margins and consumer demand. An ongoing destocking at retailers is expected to weigh on some packaged foods makers, but RBC analyst Nik Modi said Keurig's increased distribution of La Colombe coffee, Electrolit beverages and Ghost energy drinks may help offset those pressures. BY THE NUMBERS Keurig Dr Pepper posted an adjusted profit of 42 cents per share for the quarter, beating analysts' average estimate of 38 cents per share, according to data compiled by LSEG. Net sales rose 4.8% to $3.64 billion, compared with estimates of $3.57 billion. Its biggest segment, U.S. Refreshment Beverages, saw an increase of 11% in sales. The company reaffirmed its annual revenue and profit forecasts from February.
Reuters
26-02-2025
- Business
- Reuters
Keurig Dr Pepper sees higher-than-expected annual profit on strong demand
Feb 25 (Reuters) - Keurig Dr Pepper (KDP.O), opens new tab on Tuesday forecast annual profit above Wall Street expectations, after beating fourth-quarter revenue and profit estimates, aided by strong demand for its higher-priced beverages including sodas and sports drinks. WHY IT IS IMPORTANT The Yoo-hoo chocolate drink maker enjoyed steady sales as consumers indulged in its pricier products, swayed by the burgeoning popularity of its energy drinks and keen promotional efforts. Keurig Dr Pepper has been introducing new flavor variants to its lineup, including the recently launched Dr Pepper Blackberry and 7 Up Tropical, to hold consumer attention amid dense competition. Earlier this month, larger rival Coca-Cola (KO.N), opens new tab had surpassed its profit and revenue expectations on the back of price hikes. MARKET REACTION Shares of Keurig Dr Pepper, which fell about 4% in 2024, were up nearly 3% in premarket trading. BY THE NUMBERS Keurig Dr Pepper expects its annual adjusted profit to grow in the high-single digits, compared with analysts' average estimate of a 6.2% growth, according to data compiled by LSEG. The company expects mid-single digits growth in annual net sales, compared with estimates of a 5.6% rise. The Sun Drop maker posted an adjusted profit of 58 cents per share for the quarter ended December 31, narrowly beating estimates of 57 cents. Net sales rose 5.2% to $4.07 billion in the fourth quarter, topping estimates of $4.02 billion. The company's average selling prices rose 0.9%, while its unit case volumes increased 5.3%. However, high prices of coffee have affected the company's U.S. coffee segment, its second largest unit. The unit's net sales were down 2.4% in the fourth quarter.
Yahoo
05-02-2025
- Business
- Yahoo
Keurig Dr Pepper Unveils Bold New Flavors Across Iconic U.S. Cold Beverages Portfolio
Dr Pepper Blackberry, available today, is the first variety to release BURLINGTON, Mass., and FRISCO, Texas, Feb. 5, 2025 /PRNewswire/ -- Keurig Dr Pepper (KDP) today unveiled its exciting 2025 new flavor lineup in the U.S., featuring beloved brands such as Dr Pepper®, 7UP®, A&W® and Snapple ®. These new offerings are being introduced after a successful year of KDP flavor innovation in 2024, notably the viral popularity of Dr Pepper Creamy Coconut - the Company's most successful limited-time-offering carbonated soft drink (CSD) to date - and the introduction of Canada Dry Fruit Splash Cherry, which achieved the top spot among all new CSD flavor innovations for the year1. "Our 2025 cold beverage pipeline builds on our strong track record of delivering successful consumer-centric innovation across our portfolio of legendary brands," said Eric Gorli, President, U.S. Refreshment Beverages at Keurig Dr Pepper. "Our experts, from flavor scientists to trend spotters, have crafted a dynamic lineup across soft drinks, waters, teas and juices that will offer consumers nationwide even more choice through new fruit flavors, modern twists on familiar favorites and zero sugar options." New flavors launching nationally within KDP's owned cold beverage portfolio include the following: Dr Pepper Blackberry, launching today, is the newest permanent variety from the beloved brand, combining the original 23 flavors of Dr Pepper with the rich sweetness of blackberry flavor. Recent data shows high consumer interest for the flavor, with blackberry-flavored CSDs growing more than 2x faster than the CSD category in dollar sales last year2. Dr Pepper Blackberry will be available nationwide in regular and zero sugar varieties across a range of pack sizes, plus fountain and frozen dispensed formats. 7UP Tropical is a cool, crisp combination of 7UP, the #2 lemon-lime carbonated soft drink3, blended with tropical flavors of mango and peach and bursting with summery vibes. Launching as a permanent flavor in February, the regular and zero sugar versions will be available nationwide in 12 oz 12-packs. Snapple Peach Tea & Lemonade combines the brand's #1 tea flavor4 with a citrusy tang of classic lemonade. This permanent innovation will launch in March and will be available nationwide in a variety of pack sizes. Bai Simbu Strawberry and Bai Shala Coconut Strawberry, two permanent additions to the Bai lineup that feature the most hydrating berry5 and are sweetened with plant-based stevia, will launch later this month. Both varieties support a healthy immune system, with Simbu Strawberry providing a good source of Vitamin C and Zinc and Shala Coconut Strawberry a good source of Vitamin E and Zinc. A&W Ice Cream Sundae offers a nostalgic treat, inspired by the combined flavors of sweet vanilla ice cream with the rich indulgence of fudge flavor. Available in both regular and zero sugar options, it comes in 12 oz 12-packs and will be offered for a limited time starting in August. RC Cola Zero Sugar brings the iconic cola taste with zero sugar for the first time to expanded retailers nationally in February in both 12 oz 12-packs and 2-liter options. In addition to its nationwide launches, KDP will introduce a variety of retailer exclusive and regional offerings throughout the year from brands including Sunkist, Crush, Mott's and more. Visit or follow Keurig Dr Pepper on Instagram (@keurigdrpepper) to stay up to date with all the latest news about our iconic brands and more throughout the year. About Keurig Dr Pepper Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of approximately $15 billion, we hold leadership positions in beverage categories including soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Snapple®, Peñafiel®, 7UP®, Green Mountain Coffee Roasters®, Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a purpose to Drink Well. Do Good., our 28,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit and follow us on LinkedIn. Investors: Investor Relations Keurig Dr Pepper T: 888-340-5287 / IR@ Media: Katie Gilroy Keurig Dr Pepper T: 781-418-3345 / 1 Source: Circana Total US - Multi Outlet + Conv Time: Calendar Year 2024 Ending 12-29-24 2 Circana, MULO+C, Calendar Year 2024 $ Sales 3 Circana Market Advantage, Total MULO+C, 52W ending 12.29.24 4 Circana Snapple POS Dollar Sales Data L52W through 12.29.24 5 USDA FoodData Central. Strawberries, raw – up to 91% water content View original content to download multimedia: SOURCE Keurig Dr Pepper
