Keurig Dr Pepper 4Q Sales Rise on Higher Prices

Dow Jones02-24 20:00

By Nicholas G. Miller

Keurig Dr Pepper reported high fourth-quarter sales, boosted by higher prices.

The beverage company swung to a profit of $353 million, or 26 cents a share, from a loss of $144 million, or 11 cents a share, a year earlier.

Adjusted earnings were 60 cents a share. Analysts polled by FactSet expected 59 cents a share.

Net sales increased 11% to $4.5 billion, beating Wall Street's forecast of $4.36 billion.

The company's U.S. refreshment-beverage segment saw net sales increase 12% to $2.7 billion, driven by volume and mix growth of 7% and favorable net price realization of 4.5%. Meanwhile, the U.S. coffee segment's net sales rose 3.9% to $1.2 billion, as 8% growth in net prices offset a volume and mix decline of 4.1%.

Coffee prices surged last year after adverse weather in top coffee-producing countries hurt supply and President Trump's tariffs increased the cost to import coffee beans.

The company guided for 2026 net sales of $25.9 billion to $26.4 billion and constant-currency adjusted earnings-per-share growth in the low double digits.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

February 24, 2026 07:00 ET (12:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Miller \n\n\n \n\n\nKeurig Dr Pepper reported high fourth-quarter sales, boosted by higher prices. \n\n\n  The beverage company swung to a profit of $353 million, or 26 cents a share, from a loss of $144 million, or 11 cents a share, a year earlier. \n\n\n  Adjusted earnings were 60 cents a share. Analysts polled by FactSet expected 59 cents a share. \n\n\n  Net sales increased 11% to $4.5 billion, beating Wall Street's forecast of $4.36 billion. \n\n\n   The company's U.S. refreshment-beverage segment saw net sales increase 12% to $2.7 billion, driven by volume and mix growth of 7% and favorable net price realization of 4.5%. Meanwhile, the U.S. coffee segment's net sales rose 3.9% to $1.2 billion, as 8% growth in net prices offset a volume and mix decline of 4.1%. \n\n\n  Coffee prices surged last year after adverse weather in top coffee-producing countries hurt supply and President Trump's tariffs increased the cost to import coffee beans. \n\n\n  The company guided for 2026 net sales of $25.9 billion to $26.4 billion and constant-currency adjusted earnings-per-share growth in the low double digits. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 24, 2026 07:00 ET (12:00 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2613715488","isCrawlerRequest":true}