
KDP Announces Fresh Slate of Executive Leadership Appointments
Keurig Dr Pepper (KDP) is kicking off 2025 with a slate of new executive leadership appointments, including new names leading the U.S. Refreshment Beverages division and marketing.
Keurig Dr Pepper (KDP) is kicking off 2025 with a slate of new executive leadership appointments, including new names leading the U.S. Refreshment Beverages division and marketing.
Keurig Dr Pepper brought its incoming CEO to its Q1 earnings call which included positive sales growth, a slight dip in net income driven by the company’s still-recovering coffee segment and a gross margin gain.
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Keurig Dr Pepper (KDP) expects gross margins will expand in the coming year as pricing and inflation moderate, especially in the company’s coffee segment. It finished 2022 with $14 billion in net sales, a 10.8% growth year-over-year compared to 2021.
Buoyed by strong third quarter earnings results this week, Keurig Dr Pepper (KDP) has raised its 2021 net sales growth guidance from 7% to 8% for the year as the company benefits from increased consumer mobility and approaches the end of its three-year post-merger period.