secwatch.observer — SEC 8-K summary
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Issuer:     Keurig Dr Pepper Inc. (KDP)
CIK:        0001418135
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001418135-25-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KDP Q4 adj EPS $0.58, FY adj EPS $1.92; guides 2025 high-single-digit adj EPS growth
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- Full-year net sales $15.35B (+3.6% GAAP, +3.9% constant currency); Q4 net sales $4.07B (+5.2%, +6.2% constant currency).
- Q4 GAAP EPS loss of $(0.11) due to $718M intangible impairments and $225M GHOST distribution termination accrual.
- Adjusted operating income up 9.0% to $4.0B; free cash flow up 82% to $1.7B.
- U.S. Coffee net sales -2.6% for FY; K-Cup pod shipments flat, brewer shipments +7.3%.
- 2025 outlook: mid-single-digit net sales growth and high-single-digit adj EPS growth in constant currency; FX headwind ~1-2 ppts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418135/000141813525000011/0001418135-25-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418135/000141813525000011/kdp-20250225.htm
  HTML page:      https://secwatch.observer/filing/0001418135-25-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer