secwatch.observer — SEC 8-K summary
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Issuer:     Keurig Dr Pepper Inc. (KDP)
CIK:        0001418135
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001418135-25-000118
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KDP Q3 net sales $4.31B (+10.7%); raises FY sales growth outlook to high-single-digit, reaffirms EPS guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418135/000141813525000118/0001418135-25-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418135/000141813525000118/kdp-20251027.htm
  HTML page:      https://secwatch.observer/filing/0001418135-25-000118

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