Appoints Two New Independent Directors; Bob Gamgort Moves to Non-Executive Chairman

BURLINGTON, Mass. and FRISCO, Tex., April 24, 2025 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced changes today as part of the continued evolution of its Board of Directors. The Company shared the appointments of two highly accomplished executives – Mike Van de Ven and Lawson Whiting – as directors. The Company also announced that Bob Gamgort's role has progressed from Executive Chairman to non-executive Chairman of the Board. These moves are effective today, April 24, 2025.

Strong Q1 Results Driven by Top-Line Momentum and Operational Discipline

Double-Digit Net Sales Growth in U.S. Refreshment Beverages

Company Reaffirms 2025 Constant Currency Net Sales and Adjusted EPS Outlook

BURLINGTON, Mass. and FRISCO, Texas, April 24, 2025 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the first quarter of 2025 and reaffirmed its full year guidance.

Reported GAAP Basis

Adjusted Basis1

Q1

Q1

Net Sales

$3.64 bn

$3.64 bn

% vs prior year

4.8 %

6.4 %

Diluted EPS

$0.38

$0.42

% vs prior year

15.2 %

10.5 %

BURLINGTON, Mass. and FRISCO, Texas, March 27, 2025 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the first quarter ended March 31, 2025 before the market opens on Thursday, April 24, 2025.  The Company will also hold a conference call on Thursday, April 24, 2025 at 7:30 AM (ET) to discuss the results, which will be hosted by Tim Cofer, Chief Executive Officer, and Sudhanshu Priyadarshi, Chief Financial Officer and President, International.  

Investors and analysts may access the call by dialing (833) 629-0615 within the United States or Canada and (412) 317-1824 internationally and referencing the Keurig Dr Pepper call.  A replay of the call will be available, beginning April 24, 2025 at approximately 11:00 AM (ET) until May 8, 2025 by dialing (877) 344-7529 or (412) 317-0088 and referencing the conference ID: 3824988.

BURLINGTON, Mass. and FRISCO, Texas, Feb. 27, 2025 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) (the "Company" or "KDP") announced today the pricing of its previously-announced registered public offering of 73,000,000 shares through a secondary offering by a subsidiary of JAB Holding Company s.a.r.l. ("JAB"), at a price to the public of $32.80 per share.  JAB has also granted the underwriter a 30-day option to purchase up to an additional 10,950,000 shares.

Following the completion of the offering, JAB will beneficially own approximately 10.7% of KDP's outstanding common stock.  The remaining shares beneficially owned by JAB will be subject to a 90-day lock-up agreement with the underwriter.

KDP Board Composition to Evolve upon Completion of the Offering

BURLINGTON, Mass. and FRISCO, Texas, Feb. 26, 2025 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) (the "Company" or "KDP") announced today that a subsidiary of JAB Holding Company s.a.r.l. ("JAB") will sell an aggregate of 73,000,000 shares of KDP common stock through a proposed registered public offering. JAB has also granted the underwriter a 30-day option to purchase up to an additional 10,950,000 shares.

Following the completion of the offering, JAB will beneficially own approximately 10.7% of KDP's outstanding common stock. The remaining shares beneficially owned by JAB will be subject to a 90-day lock-up agreement with the underwriter.

Company Delivers 2024 Results Consistent with Guidance and Long-Term Algorithm

Performance Driven by Strong Momentum in U.S. Refreshment Beverages and International

KDP Targets 2025 Mid-Single-Digit Net Sales and High-Single-Digit Adjusted EPS Growth in Constant Currency

BURLINGTON, Mass. and FRISCO, Texas, Feb. 25, 2025 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the fourth quarter and full year ended December 31, 2024. The Company also provided guidance for 2025.

BURLINGTON, Mass. and FRISCO, Texas, Feb. 11, 2025 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.23 per share, payable in U.S. dollars, on the Company's common stock. The regular quarterly dividend will be paid on April 11, 2025 to shareholders of record on March 28, 2025.

Investor Contact:

Investor Relations T: 888-340-5287 / IR@kdrp.com

Media Contact:

Katie Gilroy T: 781-418-3345 / katie.gilroy@kdrp.com

Dr Pepper Blackberry, available today, is the first variety to release 

BURLINGTON, Mass., and FRISCO, Texas, Feb. 5, 2025 /PRNewswire/ -- Keurig Dr Pepper (KDP) today unveiled its exciting 2025 new flavor lineup in the U.S., featuring beloved brands such as Dr Pepper®, 7UP®, A&W® and Snapple ®. These new offerings are being introduced after a successful year of KDP flavor innovation in 2024, notably the viral popularity of Dr Pepper Creamy Coconut - the Company's most successful limited-time-offering carbonated soft drink (CSD) to date - and the introduction of Canada Dry Fruit Splash Cherry, which achieved the top spot among all new CSD flavor innovations for the year1.

BURLINGTON, Mass. and FRISCO, Texas, Jan. 23, 2025 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the fourth quarter and full year ended December 31, 2024 before the market opens on Tuesday, February 25, 2025.  The Company will also hold a conference call on Tuesday, February 25, 2025 at 8:00 AM (ET) to discuss the results, which will be hosted by Tim Cofer, Chief Executive Officer, and Sudhanshu Priyadarshi, Chief Financial Officer and President, International.  

BURLINGTON, Mass. and FRISCO, Tex., Jan. 13, 2025 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced several leadership appointments to continue to drive its Company strategy and deliver on its vision of a beverage for every need, anytime and anywhere.

"KDP is evolving our leadership structure to drive the next phase of our growth," said Tim Cofer, Chief Executive Officer. "We have been intentional about building a deep bench of talent, and we are fortunate to have leaders who are seasoned, forward-thinking and ready to step into these critical roles."