Company elevates digital-first capabilities as part of consumer-obsessed strategy 

BURLINGTON, Mass. and FRISCO, Texas, Nov. 11, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced the appointment of Drew Panayiotou as Chief Marketing Officer (CMO), U.S. Refreshment Beverages, effective today. Panayiotou brings a modern approach to marketing and a broad range of experience to the role, having led teams at agencies and across multiple industries, including beverages, technology, health care, retail and entertainment. 

BURLINGTON, Mass., and FRISCO, Texas, Oct. 29, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) (the "Company or "KDP") announced today the pricing of its previously-announced registered public offering of 60,000,000 shares through a secondary offering by a subsidiary of JAB Holding Company s.a.r.l. ("JAB"), at a price to the public of $32.85 per share. JAB has also granted the underwriter a 30-day option to purchase up to an additional 9,000,000 shares.

Following the completion of the offering, JAB will beneficially own approximately 16.5% of KDP's outstanding common stock, or approximately 15.8% assuming full exercise of the underwriter's option to purchase additional shares.  The remaining shares beneficially owned by JAB will be subject to a 90-day lock-up agreement with the underwriter.

BURLINGTON, Mass. and FRISCO, Tex., Oct. 28, 2024 /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 60,000,000 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 9,000,000 shares.

Following the completion of the offering, JAB will beneficially own approximately 16.5% of KDP's outstanding common stock, or approximately 15.8% assuming full exercise of the underwriter's option to purchase additional shares.  The remaining shares beneficially owned by JAB will be subject to a 90-day lock-up agreement with the underwriter.

Q3 Performance Led by Strong U.S. Refreshment Beverages and International Momentum

Announced Acquisition of GHOST Advances Position in Attractive Energy Drink Space

Company Reaffirms 2024 Constant Currency Net Sales and Adjusted EPS Outlook

BURLINGTON, MA and FRISCO, TX, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the third quarter of 2024 and reaffirmed its full year guidance.

Reported GAAP Basis

Adjusted Basis1

Q3

YTD

Q3

YTD

Net Sales

$3.89 bn

$11.28 bn

$3.89 bn

$11.28 bn

% vs prior year

2.3 %

3.1 %

3.1 %

3.1 %

Diluted EPS

$0.45

$1.16

$0.51

$1.34

% vs prior year

21.6 %

10.5 %

6.3 %

8.1 %

Addition of fast-growing brand accelerates KDP's portfolio evolution towards consumer-preferred spaces

Disciplined transaction creates win-win alignment between GHOST and KDP

BURLINGTON, Mass., and FRISCO, Tex., and LAS VEGAS and CHICAGO, Oct. 24, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced that it has entered into a definitive agreement to acquire GHOST Lifestyle LLC and GHOST Beverages LLC (collectively "GHOST"). Founded in 2016, GHOST® is a lifestyle sports nutrition business with a portfolio anchored by GHOST® Energy, a leading ready-to-drink energy brand. GHOST's net sales have more than quadrupled over the past three years, and GHOST Energy is one of the fastest-growing brands in the energy category, characterized by its unique identity, distinctive flavors and packaging, and strong consumer appeal.  

BURLINGTON, Mass. and FRISCO, Texas, Sept. 26, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the third quarter ended September 30, 2024 before the market opens on Thursday, October 24, 2024.  The Company will also hold a conference call on Thursday, October 24, 2024 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.

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 October 24, 2024 at approximately 11:00 AM (ET) until November 7, 2024 by dialing (877) 344-7529 or (412) 317-0088 and referencing the conference ID: 6127896.

BURLINGTON, Mass. and FRISCO, Texas, Sept. 12, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has approved a 7.0% increase in its annualized dividend rate to $0.92 per share, from the current annualized rate of $0.86 per share, effective with the regular quarterly cash dividend also announced today. 

The increased regular quarterly cash dividend of $0.23 per share is payable in U.S. dollars on the Company's common stock on October 11, 2024 to shareholders of record on September 27, 2024.

Beverage category partners include Peñafiel®, Clamato®, Squirt®, 7UP® and McCafé at Home

BURLINGTON, Mass. and FRISCO, Texas, Aug. 29, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) and Soccer United Marketing (SUM) today announced a new multi-year partnership with the Federación Mexicana de Futbol (FMF), making Keurig Dr Pepper an official partner of the U.S. tours for the Mexican Men's and Women's National Teams.

Five brands from Keurig Dr Pepper's owned and partner brand portfolio that are popular among Hispanic consumers — Peñafiel®, Clamato®, Squirt®, 7UP® and McCafé at Home — will be the U.S. beverage category sponsors for both the Mexican Men's National Team and Mexican Women's National Team, and their respective U.S. tour matches – MexTour and MexTour W  –  as anticipation grows in the lead up to the 2026 FIFA World Cup and the 2027 FIFA Women's World Cup.

BURLINGTON, Mass. and FRISCO, Texas, Aug. 21, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today announced that Tim Cofer, Chief Executive Officer, and Sudhanshu Priyadarshi, Chief Financial Officer and President, International, will participate in a fireside chat at the Barclays Global Consumer Staples Conference on September 4, 2024 at 8:15 AM ET.

Access to a live webcast of the event will be available on the Company's corporate website, www.keurigdrpepper.com. For those unable to join the live webcast, a recorded version of the event, as well as a transcript, will be made available through the Investors section of KDP's website.