{"schema_version":"secwatch.filing_event.v1","accession":"0001418135-23-000017","form_type":"8-K","ticker":"KDP","cik":"0001418135","company_name":"Keurig Dr Pepper Inc.","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.001786+00:00","generated_at":"2026-06-09T08:21:20.173047+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"KDP Q3 net sales $3.81B (+5.1%), adj. EPS $0.48 (+4.3%); reaffirms FY guidance","bullets":["GAAP EPS $0.37 vs $0.13 YoY; adjusted EPS $0.48 vs $0.46 YoY.","U.S. Refreshment Beverages net sales +5.9% to $2.27B; U.S. Coffee -3.2% to $1.01B.","International net sales +20.8% to $523M (+12.9% constant currency).","Reaffirms FY2023 constant currency net sales growth 5-6% and adj. EPS growth 6-7%.","Announced partnership with Grupo PiSA for Electrolit sports hydration brand."],"urls":{"canonical":"https://secwatch.observer/filing/0001418135-23-000017","json":"https://secwatch.observer/filing/0001418135-23-000017.json","markdown":"https://secwatch.observer/filing/0001418135-23-000017.md","text":"https://secwatch.observer/filing/0001418135-23-000017.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1418135/000141813523000017/0001418135-23-000017-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1418135/000141813523000017/kdp-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:21:20.173047+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"458cbec96987e9357da197c55bddd64d3a64d612","claim":"Keurig Dr Pepper Inc. updated its full year 2023 guidance (reaffirmed).","evidence_excerpt":"Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the third quarter ended September 30, 2023 and reaffirmed its guidance for full year constant currency net sales growth of 5% to 6% and Adjusted diluted EPS growth of 6% to 7%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418135/000141813523000017/0001418135-23-000017-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"55c57ac90a16714af0d52c8ad87744ecaa7f7e53","claim":"Keurig Dr Pepper Inc. reported first nine months ended September 30, 2023 results: EPS $1.05.","evidence_excerpt":"Reported GAAP Basis Adjusted Basis 1 Q3 YTD Q3 YTD Net Sales $3.81 bn $10.95 bn $3.81 bn $10.95 bn","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418135/000141813523000017/0001418135-23-000017-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first nine months ended September 30, 2023"},{"label":"EPS","value":"$1.05"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"55c57ac90a16714af0d52c8ad87744ecaa7f7e53","claim":"Keurig Dr Pepper Inc. reported first nine months ended September 30, 2023 results: EPS $1.05.","evidence_excerpt":"Reported GAAP Basis Adjusted Basis 1 Q3 YTD Q3 YTD Net Sales $3.81 bn $10.95 bn $3.81 bn $10.95 bn % vs prior year 5.1% 6.8% 4.1% 6.2% Diluted EPS $0.37 $1.05 $0.48 $1.24 % vs prior year 184.6% 52.2% 4.3% 5.1% “ In the third quarter, we maintained healthy revenue momentum and delivered a significant gross margin inflection, helping to fund reinvestment in our brands and capabilities,” said Chairman and CEO Bob Gamgort.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418135/000141813523000017/0001418135-23-000017-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first nine months ended September 30, 2023"},{"label":"EPS","value":"$1.05"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ba8529c5af87b833a1e0de159db1e669c688bcb1","claim":"Keurig Dr Pepper Inc. reported third quarter ended September 30, 2023 results: net income $518 million, EPS $0.37 per diluted share.","evidence_excerpt":"guidance for full year constant currency net sales growth of 5% to 6% and Adjusted diluted EPS growth of 6% to 7%. Reported GAAP Basis Adjusted Basis 1 Q3 YTD Q3 YTD Net Sales $3.81 bn $10.95 bn $3.81 bn $10.95 bn % vs prior year 5.1% 6.8% 4.1% 6.2% Diluted EPS $0.37 $1.05 $0.48 $1.24 % vs prior year 184.6% 52.2% 4.3% 5.1% “ In the third quarter, we","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418135/000141813523000017/0001418135-23-000017-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Net income","value":"$518 million"},{"label":"EPS","value":"$0.37 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ba8529c5af87b833a1e0de159db1e669c688bcb1","claim":"Keurig Dr Pepper Inc. reported third quarter ended September 30, 2023 results: net income $518 million, EPS $0.37 per diluted share.","evidence_excerpt":"GAAP net income for the quarter increased 187.8% to $518 million, or $0.37 per diluted share, compared to $180 million, or $0.13 per diluted share, in the year-ago period.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1418135/000141813523000017/0001418135-23-000017-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Net income","value":"$518 million"},{"label":"EPS","value":"$0.37 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}