earnings
confidence high
sentiment positive
materiality 0.75
KDP Q3 net sales $4.31B (+10.7%); raises FY sales growth outlook to high-single-digit, reaffirms EPS guidance
Keurig Dr Pepper Inc.
2025-Q3 EPS reported
$1.27
revenue$12,104,000,000
- Q3 GAAP EPS $0.49 (+8.9% YoY); adjusted EPS $0.54 (+5.9%); net sales $4.31B (+10.7% / +10.6% constant currency); free cash flow $528M.
- U.S. Refreshment Beverages net sales +14.4% to $2.7B; GHOST acquisition contributed 7.2pp to volume/mix; market share gains in CSD, energy, sports hydration.
- U.S. Coffee net sales +1.5% to $991M; pricing of +5.5% offset pod/brewer volume decline of 4.0%; adj. operating income +2.6% to $317M.
- International net sales +10.5% to $580M (+10.1% constant currency); growth led by Mexico mineral water and Canada single-serve coffee.
- FY 2025 constant currency net sales growth guidance raised to high-single-digit range from mid-single-digit; adjusted EPS high-single-digit growth reaffirmed.