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...
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...
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...
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...
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...