Keurig Dr Pepper CEO Reveals What's Next After Raising Sales Outlook

Benzinga

Keurig Dr Pepper shares jumped 8% after beating Q3 estimates with $4.31B in revenue, up 10.7% YoY. Strong U.S. beverage sales drove gains as the company raised its 2025 sales growth outlook to high single digits.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Keurig Dr. Pepper shares climbed nearly 8% Monday after the company posted third quarter results

00:08that beat Wall Street estimates and raised its full year sales outlook, according to Benzinga.

00:13The beverage company reported adjusted EPS of 54 cents, matching estimates, and quarterly sales

00:18of $4.31 billion, up 10.7% year over year, and above the $4.15 billion forecast.

00:26U.S. refreshment beverages sales rose 14.4% to $2.7 billion.

00:32U.S. coffee increased 1.5% to $991 million, and international sales grew 10.5% to $580 million.

00:42Operating margin contracted to 25.3% from 27%, but operating income rose 3.8% to $1.09 billion.

00:52Keurig Lifted for all things money, visit Benzinga.com.

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