secwatch.observer — SEC 8-K summary
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Issuer:     Keurig Dr Pepper Inc. (KDP)
CIK:        0001418135
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001418135-26-000020
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KDP Q1 net sales up 9.4% to $4.0B; GAAP EPS $0.20, adjusted EPS $0.39, reaffirms 2026 guidance
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- GAAP diluted EPS of $0.20 decreased 47.4% YoY; adjusted diluted EPS of $0.39 decreased 7.1%.
- U.S. Refreshment Beverages net sales rose 11.9% to $2.6B; U.S. Coffee net sales fell 2.3% to $857M.
- Completed acquisition of JDE Peet's on April 1, 2026.
- Reaffirmed 2026 guidance: constant currency net sales $25.9-$26.4B and low-double-digit adjusted EPS growth.
- Operating cash flow $281M, free cash flow $184M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418135/000141813526000020/0001418135-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418135/000141813526000020/kdp-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001418135-26-000020

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