Keurig Dr. Pepper was formed as a merger between Keurig Green Mountain and Dr. Pepper Snapple Group.
Coffee sales increased 5.4% to $1.04 billion, the company said.Chinese electric vehicle maker Li Auto filed public offering documents Friday afternoon. Shares of Keurig Dr Pepper (NYSE: KDP) rose 1.8% in pre-market trading after the company reported Q2 results. * Market Share and Size. Analysts polled by FactSet had forecast adjusted earnings of 32 cents a share.The Burlington, Mass.-based company, which makes office coffee systems and soft drinks, said higher home-use sales of its K-Cup coffee systems more than offset a fall in demand from the systems for offices and hospitality customers. Still, the increasing uncertainties caused by the novel coronavirus are making it difficult to get the business firing on all cylinders. Vendors such as Coca-Cola, Keurig Dr Pepper… Image source: Getty images. Keurig Dr Pepper reported a second-quarter profit of $298 million, or 21 cents a share, compared with a profit of $314 million, or 22 cents a share, … Keurig Dr Pepper is not yet experiencing the same growth in costs, so if revenue does continue to rise, a more substantial portion of it will reach the bottom line -- … KDP holds leadership positions in … Keurig Dr Pepper expects double-digit earnings growth in fiscal 2020. Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billion and nearly 26,000 employees. Image source: Getty images.That's because its sales are benefiting from consumers' stocking-up behavior, which is more than offsetting the declines in consumption of drinks at restaurants. The extrapolated future growth is expected to continue at higher rates … The global electrolyte and vitamin water market share is currently fragmented, with a moderate concentration in developing economies. Keurig Dr Pepper prices $40 mln secondary stock offering at $27.25 a share May. ET by Ciara Linnane Too lazy to make a cocktail?
Keurig Dr Pepper reported a second-quarter profit of $298 million, or 21 cents a share, compared with a profit of $314 million, or 22 cents a share, in the same three-month period a year earlier.Write to Matt Grossman at matt.grossman@wsj.comKeurig Dr Pepper Inc. on Thursday reported a second-quarter profit as consumer behavior during the coronavirus pandemic led to higher sales.The company's adjusted earnings per share was 33 cents.
The company initially estimated it would achieve full-year revenue growth of 3% to 4% in 2020. Here are a few crucial factors to look at when Keurig Dr Pepper reports earnings on Thursday.That isn't to say that it's all good news for the company. Many dine-in restaurants and entertainment venues (like theaters and sports stadiums) where its drinks are sold are still closed, with no definitive reopening dates.Stock Advisor launched in February of 2002. Analysts were expecting sales revenue of $2.82 billion.Packaged-beverage sales grew 6.2% to $1.39 billion in the quarter, partially driven by new products under the Canada Dry and Dr Pepper brands.