secwatch.observer — SEC 8-K summary
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Issuer:     Keurig Dr Pepper Inc. (KDP)
CIK:        0001418135
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001418135-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KDP reports 11% net sales growth in FY2022; guides to 5% growth and 6-7% adj. EPS growth in 2023
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- Full-year net sales $14.06B (+10.8% reported, +11.1% constant currency); adjusted diluted EPS $1.68 (+5.0%).
- Q4 net sales $3.80B (+12.1% reported, +12.4% constant currency); adjusted diluted EPS $0.50 (+11.1%).
- Coffee Systems net sales +6.2% constant currency; Packaged Beverages +12.4%; Beverage Concentrates +16.4%; Latin America +23.0%.
- FY2023 guidance: constant currency net sales growth of 5%, adjusted diluted EPS growth of 6-7%; FX headwind ~0.5pp.
- Returned $1.5B to shareholders via dividends and share repurchases; leverage ratio 2.8x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418135/000141813523000002/0001418135-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418135/000141813523000002/kdp-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001418135-23-000002

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