earnings
confidence high
sentiment positive
materiality 0.70
KDP Q3 adj EPS $0.51 (+6.3% YoY), reaffirms FY guidance; announces GHOST acquisition
Keurig Dr Pepper Inc.
2024-Q3 EPS reported
$1.16
revenue$11,281,000,000
- Q3 net sales $3.89B, +2.3% GAAP (+3.1% constant currency); adj diluted EPS $0.51 vs $0.48 prior year.
- U.S. Refreshment Beverages +5.3% to $2.4B; U.S. Coffee -3.6%; International +0.4% (+6.5% constant currency).
- Reaffirmed FY2024 guidance: mid-single-digit constant currency net sales growth, high-single-digit adj EPS growth.
- Announced definitive agreement to acquire energy drink brand GHOST; deal terms not disclosed in this filing.