KDP Q1 net sales up 4.8% to $3.64B; adj. EPS $0.42 (+10.5%); reaffirms FY guidance

Keurig Dr Pepper Inc.

2025-Q1 EPS reported $0.38 revenue$3,635,000,000

GAAP diluted EPS $0.38 (+15.2%); adjusted diluted EPS $0.42 (+10.5%).
U.S. Refreshment Beverages net sales +11.0% to $2.3B on volume/mix +8.0%.
U.S. Coffee net sales -3.7% to $0.9B on volume/mix decline of 5.2%.
Reaffirmed 2025 constant currency net sales growth mid-single-digit; adj. EPS growth high-single-digit.
Board added two new independent directors effective April 24, 2025.

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