US Market News
1日前
Keurig Dr Pepper to Report Second Quarter 2026 Results and Host Conference CallJune 25, 2026 4:15 PM
PR Newswire (US) FRISCO, Texas and BURLINGTON, Mass., June 25, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the second quarter ended June 30, 2026 before the market opens on Thursday, August 6, 2026. The Company will also hold a conference call on Thursday, August 6, 2026 at 8:00 AM (ET) to discuss the results, which will be hosted by Tim Cofer, Chief Executive Officer, and Anthony DiSilvestro, Chief Financial Officer. 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 August 6, 2026 at approximately 11:00 AM (ET) until August 20, 2026 by dialing (855) 669-9658 or (412) 317-0088 and referencing the conference ID: 2855514.Access to a live audio webcast and replay of the event will be available in the Investors section of the Company's corporate website, www.keurigdrpepper.com.Investors:Investor Relations
Keurig Dr Pepper
T: 888-340-5287 / IR@kdrp.comMedia:Katie Gilroy
Keurig Dr Pepper
T: 781-418-3345 / katie.gilroy@kdrp.comABOUT KEURIG DR PEPPER
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company with more than 150 owned, licensed and partner brands that meet a wide range of needs and occasions. Our North American refreshment beverage business holds leadership positions across carbonated soft drinks, water, juice and mixers with a portfolio of iconic brands such as Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, GHOST®, 7UP®, Snapple®, Clamato® and Core Hydration®. Our global coffee business spans more than 100 markets and includes the leading Keurig® single-serve brewing system in the U.S. and Canada, along with powerhouse brands such as Peet's, L'OR and Jacobs, and other regional coffee leaders. Our more than 50,000 employees aim to enhance the experience of every beverage and coffee occasion while making a positive impact for people, communities and the planet. Learn more at www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram. View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-to-report-second-quarter-2026-results-and-host-conference-call-302811051.htmlSOURCE Keurig Dr Pepper Inc. Original: Keurig Dr Pepper to Report Second Quarter 2026 Results and Host Conference Call
US Market News
4日前
Keurig Dr Pepper Announces Leadership UpdatesJune 23, 2026 2:00 AM
PR Newswire (US) FRISCO, Texas and BURLINGTON, Mass., June 23, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today announced leadership updates as the Company advances preparations for its planned separation into Beverage Co. and Global Coffee Co., which is targeted for early 2027.Rafa Oliveira, head of KDP's Coffee Operating Unit, has informed the Company of his intention to depart at the end of July for an external Chief Executive Officer opportunity. The KDP Board of Directors has opened a search process for the future CEO of Global Coffee Co. Pamela Patsley, Chairman of KDP's Board and Chairman of its Nominating and Governance Committee, will lead the search.Tim Cofer, CEO of KDP, will continue to oversee the coffee business, partnering closely with the talented Coffee Operating Unit Leadership Team to deliver key commitments and separation milestones. As previously announced, Cofer will serve as CEO of Beverage Co. post-separation.Cofer commented, "Our business has strong momentum, and we remain focused on executing our 2026 priorities: delivering our full year guidance, successfully integrating JDE Peet's and achieving separation milestones. We have highly capable and experienced leadership teams for our Beverage Operating Unit, Coffee Operating Unit and Transformation Management Office, and I will work closely with each group to deliver on our commitments while standing up two advantaged companies."The Company also announced that Patsley will serve as Chairman of the Board for Global Coffee Co. following the separation. Patsley, who has been a KDP Board member since the Company's formation in 2018, is well-suited for the role given her deep knowledge of the coffee industry and vast experience with public company governance.Patsley said, "KDP's acquisition of JDE Peet's is creating a scaled, global coffee leader with iconic brands, broad participation across formats and occasions and deep category expertise. Our conviction in the value creation opportunity for Global Coffee Co. has only strengthened since the transaction's close. We are confident we will secure the right world-class executive to lead the coffee business and maximize shareholder returns.""It has been an honor to lead JDE Peet's and lay the foundation for Global Coffee Co.," added Oliveira. "I'm proud of the progress we've made in integrating our coffee businesses, bringing our teams together and beginning to execute on meaningful synergy opportunities. While I have made the difficult decision to pursue a different opportunity, my confidence in Global Coffee Co.'s potential is unwavering, and I'm committed to a smooth transition."In connection with today's announcements, KDP reaffirmed its 2026 guidance for net sales of $25.9-$26.4 billion and constant currency Adjusted diluted EPS growth in a low-double-digit range.The 2026 guidance provided is presented on a constant currency, non-GAAP basis. The Company does not provide reconciliations of such forward-looking non-GAAP measures to GAAP measures, due to the inability to predict the amount and timing of impacts outside of the Company's control on certain items, such as non-cash gains or losses resulting from mark-to-market adjustments of derivative instruments, among others, which could be material. Reconciling such items would require unreasonable efforts.Investor Contact:Investor RelationsT: 888-340-5287 / IR@kdrp.comMedia Contact:Katie GilroyT: 781-418-3345 / katie.gilroy@kdrp.comABOUT KEURIG DR PEPPERKeurig Dr Pepper (Nasdaq: KDP) is a leading beverage company with more than 150 owned, licensed and partner brands that meet a wide range of needs and occasions. Our North American refreshment beverage business holds leadership positions across carbonated soft drinks, water, juice and mixers with a portfolio of iconic brands such as Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, GHOST®, 7UP®, Snapple®, Clamato® and Core Hydration®. Our global coffee business spans more than 100 markets and includes the leading Keurig® single-serve brewing system in the U.S. and Canada, along with powerhouse brands such as Peet's, L'OR and Jacobs, and other regional coffee leaders. Our more than 50,000 employees aim to enhance the experience of every beverage and coffee occasion while making a positive impact for people, communities and the planet. Learn more at www.keurigdrpepper.com and follow us@KeurigDrPepper on LinkedIn and Instagram.FORWARD-LOOKING STATEMENTSCertain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. These forward-looking statements include those preceded by, followed by or that include the words such as "outlook," "guidance," "anticipate," "enable," "expect," "believe," "could," "confident," "estimate," "feel," "continue," "ongoing," "forecast," "intend," "may," "on track," "plan," "positioned," "potential," "project," "should," "target," "will," "would" and similar words, phrases, or expressions and variations or negatives of these words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially. Forward-looking statements are subject to a number of risks and uncertainties, including the factors disclosed in our Annual Report on Form 10-K and subsequent filings with the SEC. Our actual financial performance could differ materially from the projections in the forward-looking statements due to a variety of factors, including, but not limited to, (i) the inherent uncertainty of estimates, forecasts and projections, (ii) global economic uncertainty or economic downturns, (iii) tariffs or the imposition of new tariffs, trade wars, barriers or restrictions, sanctions, geopolitical disturbances and conflicts, or threats of such actions and related uncertainty, (iv) the risk that our financial performance may be better or worse than anticipated, (v) risks related to the completion of the separation of our beverage and coffee portfolios in the anticipated timeframe or at all, (vi) our ability to identify and retain key executives to lead our beverage and coffee portfolios following the separation, (vii) our incurrence of significant debt and entry into other financings to fund the acquisition of JDE Peet's, which may result in dilution to our stockholders or introduce complexity to our capital structure, (viii) additional risks associated with the acquisition of JDE Peet's and those geographies, countries and associated governments where JDE Peet's currently operates, (ix) our ability to successfully integrate JDE Peet's into our business, or that such integration may be more difficult, time-consuming or costly than expected, (x) constraints on management's attention to operating and growing our business during the integration of JDE Peet's and the separation, (xi) the potential downgrade of our credit ratings as a result of debt incurred and/or assumed in connection with the JDE Peet's acquisition, (xii) the possibility of negative impacts on business relationships in connection with the acquisition of JDE Peet's and the separation, (xiii) the risk that the acquisition of JDE Peet's and the separation may incur significant additional costs, (xiv) the risk of potential litigation, (xv) risks related to negative effects of the acquisition of JDE Peet's and the separation on our share price and (xvi) the ability to achieve the anticipated strategic and financial benefits from the separation. We are under no obligation to update, modify or withdraw any forward-looking statements, except as required by applicable law.NON-GAAP FINANCIAL MEASURESThis release includes certain non-GAAP financial measures, which differ from results using U.S. Generally Accepted Accounting Principles (GAAP). These non-GAAP financial measures should be considered as supplements to and should not be considered replacements for, or superior to, the GAAP measures. These measures may differ from similarly titled non-GAAP financial measures presented by other companies, and other companies may not define the non-GAAP financial measure in the same way. Non-GAAP financial measures typically exclude certain charges, including one-time costs that are not expected to occur routinely in future periods, described by the Company as "items affecting comparability". The Company uses non-GAAP financial measures to evaluate our operating and financial performance and to compare such performance to that of prior periods and to the performance of our competitors. Additionally, we use non-GAAP financial measures in making operational and financial decisions and in our budgeting and planning process. We believe that providing non-GAAP financial measures to investors helps investors evaluate our operating performance, profitability and business trends in a way that is consistent with how management evaluates such performance.Adjusted diluted EPS. Adjusted diluted EPS is defined as Diluted EPS, as adjusted for items affecting comparability as described below. Management believes that Adjusted diluted EPS is useful for investors in providing period-to-period comparisons of the results of our operations since it adjusts for certain items affecting overall comparability.Items affecting comparability: Defined as certain items that are excluded for comparison to prior year periods, adjusted for the tax impact as applicable. Tax impact is determined based upon an approximate rate for each item. For each period, management typically adjusts for (i) the unrealized mark-to-market impact of derivative instruments not designated as hedges in accordance with U.S. GAAP that do not have an offsetting risk reflected within the financial results; (ii) the amortization associated with definite-lived intangible assets; (iii) the amortization of the deferred financing costs associated with the DPS merger; (iv) the amortization of the fair value adjustment of the senior unsecured notes obtained as a result of the DPS merger; (v) stock compensation expense and the associated windfall tax benefit attributable to the matching awards made to employees who made an initial investment in KDP; (vi) transaction costs for significant business combinations (completed or abandoned), excluding costs related to the JDE Peet's acquisition; (vii) non-cash changes in deferred tax liabilities related to goodwill and intangible assets as a result of tax rate or apportionment changes; and (viii) other certain items that are excluded for comparison purposes to prior year periods. View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-announces-leadership-updates-302807091.htmlSOURCE Keurig Dr Pepper Original: Keurig Dr Pepper Announces Leadership Updates
US Market News
2月前
Keurig Dr Pepper Announces Results of Post-Closing Acceptance Period for Offer for JDE Peet'sApril 13, 2026 5:00 PM
PR Newswire (US)
97.75% of all Shares tenderedThis is a joint press release by Keurig Dr Pepper Inc., Kodiak BidCo B.V. and JDE Peet's N.V. pursuant to the provisions of Section 17, paragraph 4 of the Dutch Decree on public takeover bids (Besluit openbare biedingen Wft) (the "Decree") in connection with the recommended public cash offer by Kodiak BidCo B.V. (the "Offeror") for all issued and outstanding ordinary shares in the capital of JDE Peet's N.V. (such offer, the "Offer", such shares, the "Shares" and each holder of such Shares, a "Shareholder"). This announcement does not constitute an o?er, or any solicitation of any o?er, to buy or subscribe for any securities in JDE Peet's N.V. The Offer is being made only by means of the o?er memorandum dated 15 January 2026 (the "Offer Memorandum"), approved by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten). Terms not de?ned in this press release will have the meaning as set forth in the O?er Memorandum. This press release is not for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication, or distribution would be unlawful.BURLINGTON, Mass. and FRISCO, Texas and AMSTERDAM, April 13, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. ("KDP") (NASDAQ: KDP) and JDE Peet's N.V. ("JDE Peet's") (EURONEXT: JDEP) jointly announce that the post-closing acceptance period relating to the Offer (the "Post-Closing Acceptance Period") expired today at 17:40 hours CEST. During the Post-Closing Acceptance Period, 7,821,867 Shares have been tendered under the Offer, representing approximately 1.61% of the Shares and an aggregate value of approximately EUR 249,126,463.95. Together with the 466,712,270 Shares that were already acquired by the Offeror, the Offeror will hold a total of 474,534,137 Shares, representing approximately 97.75% of the Shares and an aggregate value of approximately EUR 15,113,912,263.45.With reference to the Offer Memorandum, Shareholders who accepted the Offer during the Post-Closing Acceptance Period shall receive the Offer Price for each Tendered Share that is transferred for acceptance pursuant to the Offer during the Post-Closing Acceptance Period, under the terms and conditions of the Offer and subject to its restrictions. Settlement of the Shares tendered during the Post-Closing Acceptance Period shall occur and payment of the Offer Price for each such Share shall be made on 15 April 2026. The Offeror cannot guarantee that Shareholders having tendered their Shares for acceptance will receive the payment on this date.As a result of the acquisition of more than 95% of the Shares by the Offeror, the Offeror will initiate statutory Buy-Out Proceedings in accordance with Section 5.13.2 (Buy-Out Proceedings) of the Offer Memorandum, and will implement the Post-Closing Demerger in accordance with Section 5.13.4 (Post-Closing Demerger) of the Offer Memorandum. As previously announced it has been decided, in consultation with Euronext, that the last day of trading of the Shares will be on 29 April 2026 and that the Shares will be delisted from Euronext Amsterdam on 30 April 2026.AnnouncementsAny announcements contemplated by the Offer Memorandum will be made by press release. Any press release issued by the Offeror will be made available on KDP's website. Any press release issued by JDE Peet's will be made available on JDE Peet's website.Offer Memorandum; Position StatementDigital copies of the Offer Memorandum are available on the websites of JDE Peet's and KDP. Digital copies of the Position Statement are available on JDE Peet's website. Copies of the Offer Memorandum will be made available, upon request, free of charge at the offices of JDE Peet's. The websites of JDE Peet's and KDP do not constitute a part of, and are not incorporated by reference into, the Offer Memorandum and the Position Statement.About Keurig Dr Pepper
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company with more than 150 owned, licensed and partner brands that meet a wide range of needs and occasions. Our North American refreshment beverage business holds leadership positions across carbonated soft drinks, water, juice and mixers with a portfolio of iconic brands such as Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, GHOST®, 7UP®, Snapple®, Clamato® and Core Hydration®. Our global coffee business spans more than 100 markets and includes the leading Keurig® single serve brewing system in the U.S. and Canada, along with powerhouse brands such as Peet's, L'OR and Jacobs, and other regional coffee leaders. Our more than 50,000 employees aim to enhance the experience of every beverage and coffee occasion while making a positive impact for people, communities and the planet. Learn more at www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram.
For more information:
KDP Media H/AdvisorsKatie Gilroy Deven AnandKeurig Dr Pepper
T: 781-418-3345 / PR@kdrp.com T: 212-371-5999 / deven.anand@h-advisors.global
KDP Investors
Chethan Mallela
Keurig Dr Pepper
T: 888-340-5287 / IR@kdrp.com
JDE Peet's Media FGS GlobalMoustapha Echahbouni Frank JansenMedia@jdepeets.com +31 6 2154 2369+31 6 2139 1762
JDE Peet's Investors
Robin Jansen
IR@jdepeets.com
+31 6 1594 4569
Notice to Shareholders of JDE Peet's in the United StatesThe tender offer is being made for the ordinary shares of JDE Peet's, a public limited liability company incorporated under the laws of the Netherlands with ordinary shares listed on Euronext Amsterdam. It is important that U.S. shareholders of JDE Peet's understand that the tender and any related offer documents are subject to Dutch disclosure and procedural requirements, which are different from those of the United States. U.S. shareholders of JDE Peet's are advised that JDE Peet's ordinary shares are not listed on a U.S. securities exchange and that JDE Peet's is not subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934 (the "Exchange Act"), and is not required to, and does not, file any reports with the Securities and Exchange Commission (the "SEC") thereunder.The tender offer is being made in the United States in compliance with, and in reliance on, the exemption provided by Rule 14d-1(d), known as "Tier II" exemption, under the Exchange Act and otherwise in accordance with the requirements of Dutch law. Accordingly, the tender offer is subject to certain disclosure and other procedural requirements, including with respect to the tender offer timetable and settlement procedures that are different from those applicable under U.S. domestic tender offer procedures and laws.The receipt of cash pursuant to the tender offer by a U.S. holder of JDE Peet's ordinary shares will be a taxable transaction for U.S. federal income tax purposes and under applicable state and local, as well as foreign and other tax laws. Each holder of JDE Peet's ordinary shares is urged to consult their independent professional advisor immediately regarding the tax consequences of acceptance of the tender offer.It may be difficult for U.S. holders of JDE Peet's shares to enforce their rights and claims arising out of the U.S. federal securities laws, since JDE Peet's is located in a country other than the United States, and some or all of its officers and directors may be residents of a country other than the United States. U.S. holders of JDE Peet's may not be able to sue a non-U.S. company or its officers or directors in a non-U.S. court for violations of U.S. securities laws. Further, it may be difficult to compel a non-U.S. company and its affiliates to subject themselves to a U.S. court's judgment.To the extent permissible under applicable law or regulation, including Rule 14e-5 of the Exchange Act, in accordance with normal Dutch practice, JDE Peet's and its affiliates or broker (acting as agents for JDE Peet's or its affiliates, as applicable) may from time to time after the date hereof, and other than pursuant to the tender offer, directly or indirectly purchase, or arrange to purchase, ordinary shares of JDE Peet's that are the subject of the tender offer or any securities that are convertible into, exchangeable for or exercisable for such shares. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. In no event will any such purchases be made for a price per share that is greater than the tender offer price. To the extent information about such purchases or arrangements to purchase is made public in The Netherlands, such information will be disclosed by means of a press release or other means reasonably calculated to inform U.S. shareholders of JDE Peet's of such information. No purchases will be made outside the tender offer in the United States by or on behalf of KDP. In addition, the financial advisors to KDP may also engage in ordinary course trading activities in securities of JDE Peet's, which may include purchases or arrangements to purchase such securities.Neither the SEC nor any U.S. state securities commission has approved or disapproved the tender offer, passed upon the merits or fairness of the tender offer, or passed any comment upon the adequacy, accuracy or completeness of the disclosure in relation to the tender offer. Any representation to the contrary is a criminal offence in the United States.RestrictionsThe distribution of this press release may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, JDE Peet's and KDP disclaim any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. Neither KDP nor JDE Peet's, nor any of their advisors, assumes any responsibility for any violation of any of these restrictions. Any JDE Peet's shareholder who is in any doubt as to his or her position should consult an appropriate professional advisor without delay.The information in the press release is not intended to be complete; for further information, reference is made to the Offer Memorandum. This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities or investment advice or an inducement to enter into investment activity. The Offer is not made, and the Shares will not be accepted for purchase from, or on behalf of, any shareholder, in any jurisdiction in which the making of the Offer or acceptance thereof would not be in compliance with the securities or other laws or regulations of such jurisdiction or would require any registration, approval or filing with any regulatory authority not expressly contemplated by the terms of the Offer Memorandum.Forward Looking StatementsCertain statements in this press release may be considered "forward-looking statements," such as statements relating to the impact of this transaction on KDP, JDE Peet's, and the combined business, the contemplated spin-off, future financial targets and results, and expected cost savings and synergies. Forward-looking statements include those preceded by, followed by or that include the words "anticipate," "expect," "believe," "could," "continue," "ongoing," "estimate," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would" and similar words. These forward-looking statements speak only as of the date of this release.Although KDP and JDE Peet's believe that the assumptions upon which their respective forward-looking statements are based are reasonable, they can give no assurance that these forward-looking statements will prove to be correct. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, (i) risks relating to the completion of the spin-off in the anticipated timeframe or at all; (ii) risks relating to the ability to realize the anticipated benefits of the proposed acquisition and subsequent spin-off; (iii) risks relating to the possibility of regulatory action; (iv) risks relating to significant costs related to the proposed transactions; (v) the expected financial and operating performance and future opportunities following the acquisition and subsequent spin-off; (vi) disruption from the acquisition and subsequent spin-off making it more difficult to maintain business and operational relationships; (vii) diverting KDP's and JDE Peet's respective management from business operations; (viii) risks relating to potential litigation that arises as a result of the proposed transactions; and (ix) risks and uncertainties discussed in KDP's and JDE Peet's press releases and public filings.Neither KDP nor JDE Peet's, nor any of their advisors, accepts any responsibility for any financial information contained in this press release relating to the business, results of operations or financial condition of the other or their respective groups. Each of KDP and JDE Peet's expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-announces-results-of-post-closing-acceptance-period-for-offer-for-jde-peets-302740935.htmlSOURCE Keurig Dr Pepper
Original: Keurig Dr Pepper Announces Results of Post-Closing Acceptance Period for Offer for JDE Peet's
US Market News
3月前
Keurig Dr Pepper Acquires JDE Peet's and Announces Rafael Oliveira as CEO of Future Global Coffee Co.April 1, 2026 6:17 AM
PR Newswire (US)
Transaction creates global coffee powerhouse Oliveira will continue as JDE Peet's CEO and joins KDP to lead combined coffee business This is a joint press release by Keurig Dr Pepper Inc., Kodiak BidCo B.V. and JDE Peet's N.V. in connection with the recommended public cash offer by Kodiak BidCo B.V. (the "Offeror") for all issued and outstanding ordinary shares in the capital of JDE Peet's N.V. (such offer, the "Offer", such shares, the "Shares" and each holder of such Shares, a "Shareholder"). This announcement does not constitute an o?er, or any solicitation of any o?er, to buy or subscribe for any securities in JDE Peet's N.V. The Offer is being made only by means of the offer memorandum dated 15 January 2026 (the "O?er Memorandum"). Terms not de?ned in this press release will have the meaning as set forth in the O?er Memorandum. This press release is not for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication, or distribution would be unlawful.BURLINGTON, Mass. and FRISCO, Texas and AMSTERDAM, April 1, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. ("KDP" or "the Company") (NASDAQ: KDP) and JDE Peet's N.V. ("JDE Peet's") (EURONEXT: JDEP) jointly announced that KDP has acquired 96.22% of the Shares of JDE Peet's in the Offer. The transaction marks a major milestone in the Company's strategic transformation and long-term growth agenda.With this acquisition, KDP is bringing together world-class brands, deep category expertise, and complementary capabilities in coffee across JDE Peet's and KDP's Keurig business. The Company is moving forward with detailed integration efforts focused on operational excellence, synergy capture, leadership alignment and disciplined execution to ensure a seamless transition for customers, consumers and employees. As previously announced, after an interim operating period, KDP plans to separate into two independent, U.S.-listed publicly traded companies, creating a consumer-obsessed leader in North America's attractive refreshment beverages market ("Beverage Co.") and a global coffee powerhouse ("Global Coffee Co.").KDP additionally announced its Board of Directors has named Rafael Oliveira as Chief Executive Officer of its coffee operating unit and as CEO for the future Global Coffee Co. following the planned separation. During the integration period, Oliveira will join KDP's Executive Leadership Team, reporting to Keurig Dr Pepper CEO Tim Cofer. Cofer will serve as CEO of the future Beverage Co. upon separation."Our acquisition of JDE Peet's marks a defining step in our value creation strategy, and Rafa is the right choice to lead the combined coffee business and launch Global Coffee Co." said KDP Board Chair Pam Patsley. "Our Board conducted a robust and rigorous process that considered a range of internal and external candidates, and we are confident Rafa will be an exceptional leader for this new company. With proven leadership across complex global markets and a commitment to driving financial results, he has set a course for growth at JDE Peet's. With a singular focus on coffee, the newly integrated coffee business will be poised to create value and growth opportunities for employees, partners, customers, and shareholders.""With this complementary combination, we are uniting outstanding talent, systems, and brand portfolios under a shared vision for global leadership in coffee," said Cofer. "Having launched a brand-led strategy at JDE Peet's that is already delivering tangible results, Rafa is uniquely positioned to set the direction for Global Coffee Co. Together, these moves are critical milestones on our path to launch winning companies in both coffee and refreshment beverages that will create shareholder value and shape their categories.""This is an incredible opportunity to create the future of coffee," said Oliveira. "Global Coffee Co. will aim to be the best coffee company in the world by combining global reach with local expertise to operate across all formats, segments, channels and price points. As I've gotten to know the Board, Tim, and the KDP leadership team, it has only strengthened my belief in the bold vision for the new company. I'm honored and excited to work with our teams around the world as we serve consumers with the coffee experiences they love."Oliveira will continue as Executive Director and CEO at JDE Peet's, where he has served since November 2024. Prior to JDE Peet's, he spent 10 years at The Kraft Heinz Company, where he successfully drove growth, innovation and sustainability initiatives, while serving in various executive roles, including Executive Vice President and President of International Markets. Previously, he spent 10 years at Goldman Sachs Group in the United Kingdom and Hong Kong after starting his career in Brazil at Banco Icatu and Banco BBA-Creditanstalt.Separation timing will be based on the achievement of key milestones, including appropriate leverage levels at each company, and supportive market conditions. Though exact timing of the tax-free spin of Global Coffee Co. is yet to be determined, key transformation workstreams are targeting operational readiness to separate by year-end 2026.Post-Closing Acceptance PeriodAs announced in the press release dated 27 March 2026, Shareholders who did not tender their Shares during the Offer Period will have the opportunity to tender their Shares, under the same terms and conditions applicable to the Offer, during the post-closing acceptance period (na-aanmeldingstermijn) which commenced on 30 March 2026, at 09:00 hours CEST, and will expire on 13 April 2026, at 17:40 hours CEST (the "Post-Closing Acceptance Period"). Please see Section 4.9 of the Offer Memorandum for additional information.The Offeror will publicly announce the results of the Post-Closing Acceptance Period and the total number and total percentage of Shares to be held by it, in accordance with Article 17, Paragraph 4, of the Dutch Decree on public offers Wft (Besluit openbare biedingen Wft), by means of a press release on or before the third Business Day following the last day of the Post-Closing Acceptance Period. The Offeror will accept all Tendered Shares during the Post-Closing Acceptance Period.Shareholders will receive for each Tendered and Delivered Share that is transferred (geleverd) for acceptance pursuant to the Offer during the Post-Closing Acceptance Period, the Offer Price no later than on the fifth Business Day after expiration of the Post-Closing Acceptance Period. The Offeror cannot guarantee that Shareholders will actually receive payment within such period.During the Post-Closing Acceptance Period, Shareholders have no right to withdraw Shares tendered under the Offer during the Offer Period or the Post-Closing Acceptance Period.DelistingAs a result of the Offeror now holding more than 95% of the Shares, KDP and JDE Peet's will procure the termination of the listing and trading of the Shares on Euronext Amsterdam. In consultation with Euronext, it has been decided that the last day of trading of the Shares will be on 29 April 2026 and that the Shares will be delisted from Euronext Amsterdam on 30 April 2026. Reference is made to section 5.12 (Consequences of the Offer for non-tendering Shareholders) of the Offer Memorandum.About KDP Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of more than $16 billion, we hold leadership positions in beverage categories including carbonated soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, GHOST®, 7UP®, Snapple®, Green Mountain Coffee Roasters®, Clamato®, The Original Donut Shop® and Core Hydration®. Driven by a purpose to Drink Well. Do Good., our 30,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram.About JDE Peet's JDE Peet's is the world's leading pure-play coffee company with a presence in more than 100 markets. Guided by our 'Reignite the Amazing' strategy, we are focused on brand-led growth across three big bets: Peet's, L'OR, and our 10 strategically selected local icons led by Jacobs. In 2025, JDE Peet's generated total sales of EUR 9.9 billion and employed a global workforce of more than 21,000 employees. Discover more about our journey to deliver a coffee for every cup and a brand for every heart at www.jdepeets.com.For more information:
KDP Media H/AdvisorsKatie Gilroy Deven AnandKeurig Dr Pepper
T: 781-418-3345 / PR@kdrp.com T: 212-371-5999 / deven.anand@h-advisors.global
KDP Investors
Chethan Mallela
Keurig Dr Pepper
T: 888-340-5287 / IR@kdrp.com
JDE Peet's Media FGS GlobalMoustapha Echahbouni Frank JansenMedia@jdepeets.com +31 6 2154 2369+31 6 2139 1762
JDE Peet's Investors
Robin Jansen
IR@jdepeets.com
+31 6 1594 4569
Notice to Shareholders of JDE Peet's in the United StatesThe tender offer is being made for the ordinary shares of JDE Peet's, a public limited liability company incorporated under the laws of the Netherlands with ordinary shares listed on Euronext Amsterdam. It is important that U.S. shareholders of JDE Peet's understand that the tender and any related offer documents are subject to Dutch disclosure and procedural requirements, which are different from those of the United States. U.S. shareholders of JDE Peet's are advised that JDE Peet's ordinary shares are not listed on a U.S. securities exchange and that JDE Peet's is not subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934 (the "Exchange Act"), and is not required to, and does not, file any reports with the Securities and Exchange Commission (the "SEC") thereunder.The tender offer is being made in the United States in compliance with, and in reliance on, the exemption provided by Rule 14d-1(d), known as "Tier II" exemption, under the Exchange Act and otherwise in accordance with the requirements of Dutch law. Accordingly, the tender offer is subject to certain disclosure and other procedural requirements, including with respect to the tender offer timetable and settlement procedures that are different from those applicable under U.S. domestic tender offer procedures and laws.The receipt of cash pursuant to the tender offer by a U.S. holder of JDE Peet's ordinary shares will be a taxable transaction for U.S. federal income tax purposes and under applicable state and local, as well as foreign and other tax laws. Each holder of JDE Peet's ordinary shares is urged to consult their independent professional advisor immediately regarding the tax consequences of acceptance of the tender offer.It may be difficult for U.S. holders of JDE Peet's shares to enforce their rights and claims arising out of the U.S. federal securities laws, since JDE Peet's is located in a country other than the United States, and some or all of its officers and directors may be residents of a country other than the United States. U.S. holders of JDE Peet's may not be able to sue a non-U.S. company or its officers or directors in a non-U.S. court for violations of U.S. securities laws. Further, it may be difficult to compel a non-U.S. company and its affiliates to subject themselves to a U.S. court's judgment.To the extent permissible under applicable law or regulation, including Rule 14e-5 of the Exchange Act, in accordance with normal Dutch practice, JDE Peet's and its affiliates or broker (acting as agents for JDE Peet's or its affiliates, as applicable) may from time to time after the date hereof, and other than pursuant to the tender offer, directly or indirectly purchase, or arrange to purchase, ordinary shares of JDE Peet's that are the subject of the tender offer or any securities that are convertible into, exchangeable for or exercisable for such shares. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. In no event will any such purchases be made for a price per share that is greater than the tender offer price. To the extent information about such purchases or arrangements to purchase is made public in The Netherlands, such information will be disclosed by means of a press release or other means reasonably calculated to inform U.S. shareholders of JDE Peet's of such information. No purchases will be made outside the tender offer in the United States by or on behalf of KDP. In addition, the financial advisors to KDP may also engage in ordinary course trading activities in securities of JDE Peet's, which may include purchases or arrangements to purchase such securities.Neither the SEC nor any U.S. state securities commission has approved or disapproved the tender offer, passed upon the merits or fairness of the tender offer, or passed any comment upon the adequacy, accuracy or completeness of the disclosure in relation to the tender offer. Any representation to the contrary is a criminal offence in the United States.RestrictionsThe distribution of this press release may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, JDE Peet's and KDP disclaim any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. Neither KDP nor JDE Peet's, nor any of their advisors, assumes any responsibility for any violation of any of these restrictions. Any JDE Peet's shareholder who is in any doubt as to his or her position should consult an appropriate professional advisor without delay.The information in the press release is not intended to be complete; for further information, reference is made to the Offer Memorandum. This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities or investment advice or an inducement to enter into investment activity. The Offer is not made, and the Shares will not be accepted for purchase from, or on behalf of, any shareholder, in any jurisdiction in which the making of the Offer or acceptance thereof would not be in compliance with the securities or other laws or regulations of such jurisdiction or would require any registration, approval or filing with any regulatory authority not expressly contemplated by the terms of the Offer Memorandum.Forward Looking StatementsCertain statements in this press release may be considered "forward-looking statements," such as statements relating to the impact of this transaction on KDP, JDE Peet's, and the combined business, the contemplated spin-off, future financial targets and results, and expected cost savings and synergies. Forward-looking statements include those preceded by, followed by or that include the words "anticipate," "expect," "believe," "could," "continue," "ongoing," "estimate," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would" and similar words. These forward-looking statements speak only as of the date of this release.Although KDP and JDE Peet's believe that the assumptions upon which their respective forward-looking statements are based are reasonable, they can give no assurance that these forward-looking statements will prove to be correct. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, (i) risks relating to the completion of the acquisition and subsequent spin-off in the anticipated timeframe or at all; (ii) risks relating to the ability to realize the anticipated benefits of the acquisition and subsequent spin-off; (iii) risks relating to significant costs related to the proposed transactions; (iv) the expected financial and operating performance and future opportunities following the acquisition and subsequent spin-off; (v) disruption from the acquisition and subsequent spin-off making it more difficult to maintain business and operational relationships; (vi) diverting KDP's and JDE Peet's respective management from business operations; (vii) risks relating to potential litigation that arises as a result of the proposed transactions; and (viii) risks and uncertainties discussed in KDP's and JDE Peet's press releases and public filings.Neither KDP nor JDE Peet's, nor any of their advisors, accepts any responsibility for any financial information contained in this press release relating to the business, results of operations or financial condition of the other or their respective groups. Each of KDP and JDE Peet's expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-acquires-jde-peets-and-announces-rafael-oliveira-as-ceo-of-future-global-coffee-co-302731096.htmlSOURCE Keurig Dr Pepper
Original: Keurig Dr Pepper Acquires JDE Peet's and Announces Rafael Oliveira as CEO of Future Global Coffee Co.
US Market News
3月前
Keurig Dr Pepper Declares Offer for JDE Peet's UnconditionalMarch 27, 2026 5:00 PM
PR Newswire (US)
96.22% of all Shares tenderedSettlement Date will be 1 April 2026This is a joint press release by Keurig Dr Pepper Inc., Kodiak BidCo B.V. and JDE Peet's N.V. pursuant to the provisions of Section 16, paragraph 1 and 2, Section 17, paragraph 1 and Section 4, paragraph 3 of the Dutch Decree on public takeover bids (Besluit openbare biedingen Wft) (the "Decree") in connection with the recommended public cash offer by Kodiak BidCo B.V. for all issued and outstanding ordinary shares in the capital of JDE Peet's N.V. (such offer, the "Offer", such shares, the "Shares" and each holder of such Shares, a "Shareholder"). This announcement does not constitute an o?er, or any solicitation of any o?er, to buy or subscribe for any securities in JDE Peet's N.V. The Offer is being made only by means of the o?er memorandum dated 15 January 2026 (the "Offer Memorandum"), approved by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten). Terms not de?ned in this press release will have the meaning as set forth in the O?er Memorandum. This press release is not for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication, or distribution would be unlawful.BURLINGTON, Mass. and FRISCO, Texas and AMSTERDAM, March 27, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. ("KDP") (NASDAQ: KDP) and JDE Peet's N.V. ("JDE Peet's") (EURONEXT: JDEP) are pleased to announce that during the Offer Period, that expired today at 17:40 hours CET, 466,712,270 Shares have been tendered under the Offer, representing approximately 96.22% of the Shares and an aggregate value of EUR 14,864,785,799.50. As a result, all Offer Conditions have been satisfied, and Kodiak BidCo B.V. (the "O?eror") declares the Offer unconditional (doet gestand).Transaction highlightsOffer Period expired on 27 March 2026 at 17:40 hours CET.A total of 96.22% of the Shares have been tendered under the Offer.Offer for JDE Peet's successful; all Offer Conditions have been satisfied.The Offeror declares the Offer for JDE Peet's unconditional.Settlement of the Offer will take place on 1 April 2026.Remaining Shares can be tendered during the Post-Closing Acceptance Period, commencing on 30 March 2026 and ending on 13 April 2026.SettlementWith reference to the Offer Memorandum, Settlement of the Offer shall occur and payment of the Offer Price for each Tendered and Delivered Share shall be made on 1 April 2026 (the "Settlement Date"). The Offeror cannot guarantee that Shareholders having tendered their Shares for acceptance will receive the payment on the Settlement Date. Following Settlement, the Offeror will hold 466,712,270 Shares, representing approximately 96.22% of the Shares.Upon Settlement, the changes to the composition of the Board, as approved by the EGM on 2 March 2026, will become effective.Post-Closing Acceptance PeriodThe Offeror hereby announces that Shareholders who did not tender their Shares during the Offer Period will have the opportunity to tender their Shares, under the same terms and conditions applicable to the Offer, during the post-closing acceptance period (na-aanmeldingstermijn) which will start on 30 March 2026, at 09:00 hours CEST, and ends on 13 April 2026, at 17:40 hours CEST (the "Post-Closing Acceptance Period"). Please see Section 4.9 of the Offer Memorandum for additional information.The Offeror will publicly announce the results of the Post-Closing Acceptance Period and the total number and total percentage of Shares to be held by it, in accordance with Article 17, Paragraph 4, of the Decree, by means of a press release on, or before, the third Business Day following the last day of the Post-Closing Acceptance Period. The Offeror shall accept all Tendered Shares during the Post-Closing Acceptance Period.The Offeror shall pay for each Tendered and Delivered Share, that is transferred (geleverd) for acceptance pursuant to the Offer during the Post-Closing Acceptance Period, the Offer Price no later than on the fifth Business Day following the expiration of the Post-Closing Acceptance Period. The Offeror cannot guarantee that Shareholders will receive payment within such period.During the Post-Closing Acceptance Period, Shareholders have no right to withdraw Shares tendered under the Offer during the Offer Period or the Post-Closing Acceptance Period.DelistingAs a result of the Offer being declared unconditional, the Offeror and JDE Peet's will procure the delisting of the Shares on Euronext Amsterdam as soon as possible under applicable rules. Reference is made to Section 5.12 (Consequences of the Offer for non-tendering Shareholders) of the Offer Memorandum.Post-Closing MeasuresFollowing the Post-Closing Acceptance Period, the Offeror will initiate statutory Buy-Out Proceedings, in accordance with Section 5.13.2 (Buy-Out Proceedings) of the Offer Memorandum and may elect to implement the Post-Closing Demerger in accordance with Section 5.13.4 (Post-Closing Demerger) of the Offer Memorandum.Further implications of the Offer being declared unconditionalShareholders considering not tendering their Shares under the Offer during the Post-Closing Acceptance Period should carefully review the sections of the Offer Memorandum that further describe the Offeror's intentions, such as (but not limited to) Section 5.12 (Consequences of the Offer for non-tendering Shareholders), and Section 5.13 (Possible Post-Closing Restructuring Measures and future legal structure) and Section 9.4 (Tax aspects for Shareholders who did not tender their Shares during the Offer Period).AnnouncementsAny announcements contemplated by the Offer Memorandum will be made by press release. Any press release issued by the Offeror will be made available on KDP's website. Any press release issued by JDE Peet's will be made available on JDE Peet's website.Offer Memorandum; Position StatementDigital copies of the Offer Memorandum are available on the websites of JDE Peet's and KDP. Digital copies of the Position Statement are available on JDE Peet's website. Copies of the Offer Memorandum will be made available, upon request, free of charge at the offices of JDE Peet's. The websites of JDE Peet's and KDP do not constitute a part of, and are not incorporated by reference into, the Offer Memorandum and the Position Statement.About KDP KDP is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of more than $16 billion, KDP holds leadership positions in beverage categories including carbonated soft drinks, coffee, tea, water, juice and mixers, and has the #1 single serve coffee brewing system in the U.S. and Canada. KDP's innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. KDP's brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, Snapple®, 7UP®, Green Mountain Coffee Roasters®, GHOST®, Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a purpose to Drink Well. Do Good., KDP's 30,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit www.keurigdrpepper.com and follow KDP @KeurigDrPepper on LinkedIn and Instagram. About JDE Peet's JDE Peet's is the world's leading pure-play coffee company with a presence in more than 100 markets. Guided by our 'Reignite the Amazing' strategy, we are focused on brand-led growth across three big bets: Peet's, L'OR, and our 10 strategically selected local icons led by Jacobs. In 2025, JDE Peet's generated total sales of EUR 9.9 billion and employed a global workforce of more than 21,000 employees. Discover more about our journey to deliver a coffee for every cup and a brand for every heart at www.jdepeets.com.For more information:
KDP Media
H/AdvisorsKatie Gilroy
Deven AnandKeurig Dr Pepper
T: 781-418-3345 / PR@kdrp.com
T: 212-371-5999 / deven.anand@h-advisors.global
KDP Investors
Chethan Mallela
Keurig Dr Pepper
T: 888-340-5287 / IR@kdrp.com
JDE Peet's Media FGS Global
Moustapha Echahbouni Frank Jansen
Media@jdepeets.com +31 6 2154 2369
+31 6 2139 1762
JDE Peet's Investors
Robin Jansen
IR@jdepeets.com
+31 6 1594 4569
Notice to Shareholders of JDE Peet's in the United StatesThe tender offer is being made for the ordinary shares of JDE Peet's, a public limited liability company incorporated under the laws of the Netherlands with ordinary shares listed on Euronext Amsterdam. It is important that U.S. shareholders of JDE Peet's understand that the tender and any related offer documents are subject to Dutch disclosure and procedural requirements, which are different from those of the United States. U.S. shareholders of JDE Peet's are advised that JDE Peet's ordinary shares are not listed on a U.S. securities exchange and that JDE Peet's is not subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934 (the "Exchange Act"), and is not required to, and does not, file any reports with the Securities and Exchange Commission (the "SEC") thereunder.The tender offer is being made in the United States in compliance with, and in reliance on, the exemption provided by Rule 14d-1(d), known as "Tier II" exemption, under the Exchange Act and otherwise in accordance with the requirements of Dutch law. Accordingly, the tender offer is subject to certain disclosure and other procedural requirements, including with respect to the tender offer timetable and settlement procedures that are different from those applicable under U.S. domestic tender offer procedures and laws.The receipt of cash pursuant to the tender offer by a U.S. holder of JDE Peet's ordinary shares will be a taxable transaction for U.S. federal income tax purposes and under applicable state and local, as well as foreign and other tax laws. Each holder of JDE Peet's ordinary shares is urged to consult their independent professional advisor immediately regarding the tax consequences of acceptance of the tender offer.It may be difficult for U.S. holders of JDE Peet's shares to enforce their rights and claims arising out of the U.S. federal securities laws, since JDE Peet's is located in a country other than the United States, and some or all of its officers and directors may be residents of a country other than the United States. U.S. holders of JDE Peet's may not be able to sue a non-U.S. company or its officers or directors in a non-U.S. court for violations of U.S. securities laws. Further, it may be difficult to compel a non-U.S. company and its affiliates to subject themselves to a U.S. court's judgment.To the extent permissible under applicable law or regulation, including Rule 14e-5 of the Exchange Act, in accordance with normal Dutch practice, JDE Peet's and its affiliates or broker (acting as agents for JDE Peet's or its affiliates, as applicable) may from time to time after the date hereof, and other than pursuant to the tender offer, directly or indirectly purchase, or arrange to purchase, ordinary shares of JDE Peet's that are the subject of the tender offer or any securities that are convertible into, exchangeable for or exercisable for such shares. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. In no event will any such purchases be made for a price per share that is greater than the tender offer price. To the extent information about such purchases or arrangements to purchase is made public in The Netherlands, such information will be disclosed by means of a press release or other means reasonably calculated to inform U.S. shareholders of JDE Peet's of such information. No purchases will be made outside the tender offer in the United States by or on behalf of KDP. In addition, the financial advisors to KDP may also engage in ordinary course trading activities in securities of JDE Peet's, which may include purchases or arrangements to purchase such securities.Neither the SEC nor any U.S. state securities commission has approved or disapproved the tender offer, passed upon the merits or fairness of the tender offer, or passed any comment upon the adequacy, accuracy or completeness of the disclosure in relation to the tender offer. Any representation to the contrary is a criminal offence in the United States.RestrictionsThe distribution of this press release may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, JDE Peet's and KDP disclaim any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. Neither KDP nor JDE Peet's, nor any of their advisors, assumes any responsibility for any violation of any of these restrictions. Any JDE Peet's shareholder who is in any doubt as to his or her position should consult an appropriate professional advisor without delay.The information in the press release is not intended to be complete; for further information, reference is made to the Offer Memorandum. This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities or investment advice or an inducement to enter into investment activity. The Offer is not made, and the Shares will not be accepted for purchase from, or on behalf of, any shareholder, in any jurisdiction in which the making of the Offer or acceptance thereof would not be in compliance with the securities or other laws or regulations of such jurisdiction or would require any registration, approval or filing with any regulatory authority not expressly contemplated by the terms of the Offer Memorandum.Forward Looking StatementsCertain statements in this press release may be considered "forward-looking statements," such as statements relating to the impact of this transaction on KDP, JDE Peet's, and the combined business, the contemplated spin-off, future financial targets and results, and expected cost savings and synergies. Forward-looking statements include those preceded by, followed by or that include the words "anticipate," "expect," "believe," "could," "continue," "ongoing," "estimate," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would" and similar words. These forward-looking statements speak only as of the date of this release.Although KDP and JDE Peet's believe that the assumptions upon which their respective forward-looking statements are based are reasonable, they can give no assurance that these forward-looking statements will prove to be correct. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, (i) risks relating to the completion of the proposed acquisition and subsequent spin-off in the anticipated timeframe or at all; (ii) risks relating to the ability to realize the anticipated benefits of the proposed acquisition and subsequent spin-off; (iii) risks relating to the receipt of regulatory approvals without unexpected delays or conditions and possibility of regulatory action; (iv) risks relating to significant costs related to the proposed transactions; (v) the expected financial and operating performance and future opportunities following the acquisition and subsequent spin-off; (vi) disruption from the acquisition and subsequent spin-off making it more difficult to maintain business and operational relationships; (vii) diverting KDP's and JDE Peet's respective management from business operations; (viii) risks relating to potential litigation that arises as a result of the proposed transactions; and (ix) risks and uncertainties discussed in KDP's and JDE Peet's press releases and public filings.Neither KDP nor JDE Peet's, nor any of their advisors, accepts any responsibility for any financial information contained in this press release relating to the business, results of operations or financial condition of the other or their respective groups. Each of KDP and JDE Peet's expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-declares-offer-for-jde-peets-unconditional-302727612.htmlSOURCE Keurig Dr Pepper
Original: Keurig Dr Pepper Declares Offer for JDE Peet's Unconditional
US Market News
3月前
Keurig Dr Pepper to Report First Quarter 2026 Results and Host Conference CallMarch 26, 2026 4:15 PM
PR Newswire (US)
BURLINGTON, Mass. and FRISCO, Texas, March 26, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the first quarter ended March 31, 2026 before the market opens on Thursday, April 23, 2026. The Company will also hold a conference call on Thursday, April 23, 2026 at 8:00 AM (ET) to discuss the results, which will be hosted by Tim Cofer, Chief Executive Officer, and Anthony DiSilvestro, Chief Financial Officer. 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 23, 2026 at approximately 11:00 AM (ET) until May 6, 2026 by dialing (855) 669-9658 or (412) 317-0088 and referencing the conference ID: 4482887.Access to a live audio webcast and replay of the event will be available in the Investors section of the Company's corporate website, www.keurigdrpepper.com.Investors:Investor Relations
Keurig Dr Pepper
T: 888-340-5287 / IR@kdrp.comMedia:Katie Gilroy
Keurig Dr Pepper
T: 781-418-3345 / katie.gilroy@kdrp.comABOUT KEURIG DR PEPPER
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of more than $16 billion, we hold leadership positions in beverage categories including carbonated soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, GHOST®, 7UP®, Snapple®, Green Mountain Coffee Roasters®, Clamato®, The Original Donut Shop® and Core Hydration®. Driven by a purpose to Drink Well. Do Good., our 30,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram.
View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-to-report-first-quarter-2026-results-and-host-conference-call-302726566.htmlSOURCE Keurig Dr Pepper Inc.
Original: Keurig Dr Pepper to Report First Quarter 2026 Results and Host Conference Call
US Market News
4月前
Better-for-You Stimulant Formats Gain Scale as Consumer Demand Reshapes Delivery LandscapeMarch 4, 2026 11:51 AM
PR Newswire (Canada)
Issued on behalf of Doseology Sciences Inc.VANCOUVER, BC, March 4, 2026 /CNW/ -- USANewsGroup.com News Commentary — Consumer habits continue to shift, and there's no better example to point at than the rise of pouches. The global oral nicotine pouch market is projected to surge from $5.4 billion in 2024 to over $25 billion by 2030, reflecting a 29.6% CAGR[1]. On top of this, consumer habits are shifting toward tobacco-free formats which are accelerating alongside demand for functional, portable energy delivery systems that eliminate liquid bulk and sugar crashes[2]. This convergence is channeling capital toward consumer goods platforms built around precise dosing, clean ingredients, and modern form factors, creating scalable opportunities for Doseology Sciences (CSE: MOOD) (OTCPK: DOSEF) (FSE: VU70), Celsius Holdings (NASDAQ: CELH), British American Tobacco (NYSE: BTI), Turning Point Brands (NYSE: TPB), and Keurig Dr Pepper (NASDAQ: KDP).
Another rising star is functional beverages, a market projected to reach $192.8 billion globally in 2026, driven by wellness trends including cognitive support ingredients and stress-relief botanicals[2]. Energy drinks dominate with 39% market share, benefiting from sustained-release caffeine and natural boosters that appeal to fast-paced consumers seeking alternatives to traditional sugary formats[3].Doseology Sciences (CSE: MOOD) (OTCPK: DOSEF) (FSE: VU70) just launched Feed That Brain Energy Pouches in the United States through a direct-to-consumer pilot program, marking the company's first DTC initiative in the U.S. market. Based in Kelowna, British Columbia, Doseology is testing nicotine-free, caffeine-based oral pouches that deliver clean, controlled energy in a discreet format without sugar, smoke, or liquid consumption. The pouches are now available exclusively to U.S. consumers at feedthatbrain.com and Amazon.com.The U.S. pilot represents a key milestone in Doseology's strategy to validate oral pouch delivery as a scalable stimulant platform, beginning with non-nicotine energy products. The company will use this phase to evaluate consumer adoption, usage frequency, and repeat purchase behavior, with particular focus on underserved demographics seeking alternatives to traditional energy drinks."This U.S. pilot is a disciplined and deliberate step in Doseology's strategy to build a scalable oral stimulant platform," said Larry Latowsky, Executive Chairman of Doseology. "Feed That Brain demonstrates how controlled, non-nicotine energy delivery can meet evolving consumer preferences while generating the operational insight required for responsible growth."Feed That Brain Energy Pouches are designed for modern, on-the-go use, offering consumers clarity and control without the volatility commonly associated with liquid energy formats. The product reflects Doseology's broader focus on precision dosing, predictability, and experience-led design.The company also recently appointed Larry Latowsky as Executive Chairman, bringing experience from his tenure as President and CEO of Katz Group Canada, which operated over 1,500 pharmacy locations. Latowsky cited the clarity of Doseology's strategy and team quality as reasons for joining, stating confidence in building a durable platform and unlocking significant long-term value.Doseology also recently granted 140,000 restricted share units and 210,000 performance share units to a director, with RSUs vesting in equal monthly increments over 36 months and PSUs vesting upon achievement of defined performance milestones.CONTINUED… Read this and more news for Doseology Sciences at: https://usanewsgroup.com/2025/12/19/what-comes-after-cigarettes-vapes-and-energy-drinks/In other industry developments:Celsius Holdings (NASDAQ: CELH) recently reported full-year 2025 revenue of $2.5 billion, an 86% increase driven by portfolio integration across CELSIUS, Alani Nu, and Rockstar Energy brands. The company achieved approximately 20% dollar share of the U.S. energy drink category in Q4 2025 while generating adjusted EBITDA of $619.6 million, representing 142% growth year-over-year."2025 was a defining year for Celsius Holdings as we delivered record full-year revenue of $2.5 billion, underscoring the power of our brands and the strength of our growth model," said John Fieldly, Chairman and CEO of Celsius Holdings. "With CELSIUS, Alani Nu, and Rockstar Energy, we're building a scaled Modern Energy portfolio with distinct roles, recruiting new consumers and expanding consumption occasions."As PepsiCo's energy category captain in the U.S., Celsius achieved 99.5% all-commodity volume distribution across U.S. tracked channels while increasing total distribution points by 15%. Alani Nu retail sales increased 101% year-over-year, continuing category outperformance driven by strong innovation and adoption by new consumers.British American Tobacco (NYSE: BTI) recently presented at the 2026 CAGNY Conference, reaffirming full-year 2026 guidance indicating performance at the lower end of constant-currency ranges. The company's smokeless brands—Vuse, glo, and Velo—reached over 31 million adult consumers worldwide as of December 31, 2025, with smokeless products accounting for 18.2% of group revenue. BAT aims to reach 50 million consumers with smokeless products by 2030 and targets 50% of group revenue from these products by 2035.The company's Velo nicotine pouch brand continues expanding globally, with recent regulatory approvals in key markets supporting distribution growth. In Kenya, BAT resumed Velo sales in July 2025 following regulatory clarity, projecting the product will contribute 15-25% of revenue in the medium term as the company transitions its portfolio toward non-combustible alternatives.Turning Point Brands (NYSE: TPB) announced fourth quarter and full-year 2025 results, with Modern Oral segment net sales increasing 266% to $41.3 million in Q4, accounting for 34% of total company net sales compared to 12% in the prior year. Total consolidated net sales increased 29.2% to $121.0 million for the quarter, while full-year 2025 net sales rose 28.4% to $463.1 million driven by triple-digit growth in Modern Oral sales."We are excited by the growth of the modern oral category and the strong performance of our FRE and ALP brands," said Graham Purdy, President and CEO of Turning Point Brands. "We are well positioned to achieve double-digit share of the category over time, while our legacy brands continue to generate durable cash flows that provide strong funding for investment in future growth."For 2026, the company expects Modern Oral gross revenue of $220-$240 million and net revenue of $180-$190 million. Fourth quarter adjusted EBITDA increased 14% to $30.0 million, with Turning Point ending the quarter with total liquidity of $290.1 million and plans to expand distribution for its ALP brand into brick-and-mortar retail in Q2 2026.Keurig Dr Pepper (NASDAQ: KDP) recently announced a 2026 lineup of more than 35 new beverage varieties across its carbonated soft drinks, teas, waters, energy, and juice portfolios, building on 2025 innovations that included the top CSD launch of the year. The company is entering 2026 with flavor leadership positioning, offering all new CSD innovations in both regular and zero-sugar options as zero-sugar beverages drive 6x more dollar growth than regular varieties."Consumers want beverages that fit every need throughout their day, and our 2026 lineup does exactly that while offering even more ways to enjoy the brands they love," said Katie Webb, VP of Innovation at Keurig Dr Pepper. "Our State of Beverages 2025 Trend Report uncovered that 44% of Americans, and an impressive 72% of Gen Z, try new beverages each month, underscoring the tremendous opportunity for flavor exploration and fan-driven innovation."The innovation slate includes the return of fan-favorite Dr Pepper Creamy Coconut in April, new Canada Dry Fruit Splash Strawberry rolling out nationally, and expanded energy offerings across GHOST, C4, and Bloom brands. Keurig Dr Pepper reported full-year 2025 net sales of $10.4 billion with 11.9% growth, while targeting 2026 net sales of $25.9-$26.4 billion with low-double-digit adjusted EPS growth.Article Source: https://usanewsgroup.com/2025/12/19/what-comes-after-cigarettes-vapes-and-energy-drinks/CONTACT:USANEWSGROUPinfo @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USANewsGroup.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). "). This article is being distributed for Maynard Communications ("MAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for Doseology Sciences. Inc. advertising or digital media, but expects to be paid a fee from ("MAY"). There may be 3rd parties who may have shares of Doseology Sciences Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Doseology Sciences Inc., which were purchased as a part of a private placement. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by Doseology Sciences Inc.; this is a paid advertisement, we currently own shares of Doseology Sciences Inc. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:https://www.grandviewresearch.com/press-release/global-nicotine-pouches-markethttps://www.openpr.com/news/4408369/functional-beverage-market-forecast-2026-2036-globalhttps://www.zionmarketresearch.com/report/functional-drinks-marketLogo - https://mma.prnewswire.com/media/2838876/5836617/USA_News_Group_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/better-for-you-stimulant-formats-gain-scale-as-consumer-demand-reshapes-delivery-landscape-302704191.html
Original: Better-for-You Stimulant Formats Gain Scale as Consumer Demand Reshapes Delivery Landscape
US Market News
4月前
Keurig Dr Pepper Announces Updated Financing Plan for JDE Peet's AcquisitionFebruary 23, 2026 4:30 PM
PR Newswire (US)
Company strengthens balance sheet by further reducing projected leverage
and attracts additional high-quality investorsBURLINGTON, Mass. and FRISCO, Texas, Feb. 23, 2026 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP; "the Company") today announced updated financing plans and transaction timelines for the acquisition of JDE Peet's and subsequent planned separation into two independent companies ("Beverage Co." and "Global Coffee Co." pending the announcement of official corporate names).Key developments include:A targeted close of the JDE Peet's acquisition in early April 2026, with expected combined net leverage of approximately 4.5x1An agreement to upsize the previously announced Beverage Co. convertible preferred equity investment co-led by Apollo and KKR to $4.5 billion from $3 billion, with additional participation from high-quality, long-term oriented investors including accounts advised by T. Rowe Price Investment Management; as a result, the Company will no longer consider a partial IPO of Beverage Co.Definitive agreements finalized for the Global Coffee Co. Pod Manufacturing JV first announced in October 2025Long term debt to be issued by the future Global Coffee Co. to finance the remaining portion of the JDE Peet's transactionCommenting on the announcements, Keurig Dr Pepper CFO Anthony DiSilvestro stated: "Today's update demonstrates our commitment to ensuring strong and resilient capital structures at each stage of this transaction by introducing an additional $1.5 billion of cost-efficient equity capital into the financing and bringing on board a high-quality mix of shareholders who recognize the value creation opportunity ahead. Our comprehensive financing solution, combined with strong cash generation, will drive rapid deleveraging, reinforce KDP's balance sheet, and help to establish Beverage Co. and Global Coffee Co. as successful, investment-grade companies." The Company now plans to finance the upcoming acquisition through a combination of approximately $9 billion of long-term debt, $8.5 billion of equity capital, and the assumption of approximately $5 billion of existing JDE Peet's bonds, resulting in projected combined net leverage of 4.5x1. The transaction, which is expected to close in early April 2026, remains forecasted to be approximately 10% EPS accretive in its first full year. The company continues to evaluate additional avenues to accelerate deleveraging, including potential non-core asset monetization opportunities.Separation timing will be based on the achievement of key milestones, including appropriate leverage levels at each company, and supportive market conditions. Though exact timing of the tax-free spin of Global Coffee Co. is yet to be determined, key transformation workstreams continue to target operational readiness to separate by year-end 2026.Equity FinancingThe Company reached a definitive agreement to increase the size of the previously announced convertible preferred stock investment in KDP to $4.5 billion, from the $3 billion co-led by funds managed by affiliates of Apollo (NYSE: APO) and funds and accounts managed by KKR (NYSE: KKR). Accounts advised by T. Rowe Price Investment Management (TRPIM) have provided an anchor commitment to support the upsize, alongside significant additional participation from Apollo, KKR, and other high-quality, long-term oriented investors. Post separation, the instrument will remain with Beverage Co. The key terms of the instrument are substantially consistent with the October 2025 announcement, including an initial conversion price of $37.25 per share and a preferred dividend rate of 4.75%. As a result of the upsize, the Company will no longer consider a partial IPO of the Beverage Co.In addition, definitive agreements for the Global Coffee Co. Pod Manufacturing JV have been executed on terms substantially consistent with the October 2025 announcement. The $4 billion investment into the joint venture will be co-led by Apollo and KKR with participation from Goldman Sachs Alternatives, as previously disclosed. The agreements are subject to customary closing conditions for transactions of this type.Debt FinancingTo complete the financing for the acquisition, the Company expects Global Coffee Co. to raise approximately $9 billion of debt capital through a mix of long-term senior debt and a temporary borrowing under the existing term loan facility. Global Coffee Co. will also assume approximately $5 billion of existing JDE Peet's bonds upon acquisition close.After the separation is complete, and accounting for additional deleveraging that will occur between acquisition close and the spin-off transaction, Global Coffee Co. plans to issue junior subordinated notes to repay any remaining portion outstanding on the term loan.___________________1 Projected as of June 30, 2026. Management net leverage is a non-GAAP metric. See "Non-GAAP Financial Measures" for additional information.ABOUT KEURIG DR PEPPERKeurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of more than $15 billion, we hold leadership positions in beverage categories including carbonated soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, Snapple®, 7UP®, Green Mountain Coffee Roasters®, GHOST®, Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a purpose to Drink Well. Do Good., our 29,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram.FORWARD LOOKING STATEMENTSCertain statements in this press release, such as statements relating to the Company's contemplated acquisition of JDE Peet's, the pod manufacturing JV, the preferred investment, the combined business, the contemplated separation of the beverage and coffee portfolios, future financial targets and results, anticipated leverage ratios, credit ratings and anticipated additional sources of funding may be considered "forward-looking statements" within the meaning of applicable securities laws and regulations. Forward-looking statements include those preceded by, followed by or that include the words "anticipate," "expect," "believe," "could," "continue," "ongoing," "forecast," "estimate," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would" and similar words or phrases. These forward-looking statements speak only as of the date of this release. These statements are based on the current expectations of our management and are not predictions of actual performance.Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, the Company can give no assurance that these forward-looking statements will prove to be correct. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, (i) the inherent uncertainty of estimates, forecasts and projections, (ii) global economic uncertainty or economic downturns, (iii) tariffs or the imposition of new tariffs, trade wars, barriers or restrictions, or threats of such actions and related uncertainty, (iv) the risk that our financial performance may be better or worse than anticipated, (v) the possibility that we are unable to successfully integrate GHOST Lifestyle LLC into our business, (vi) risks relating to the completion of the acquisition of JDE Peet's and the subsequent separation of our beverage and coffee portfolios in the anticipated timeframe or at all, (vii) risks related to the receipt of regulatory approvals without unexpected delays or conditions, (viii) risks relating to our incurrence of significant debt or our entry into other funding alternatives, in each case, to fund the acquisition of JDE Peet's, which may result in dilution to our stockholders or introduce complexity to our capital structure, (ix) additional risks associated with the acquisition of JDE Peet's and those geographies where JDE Peet's currently operates, (x) our ability to successfully integrate JDE Peet's into our business, or that such integration may be more difficult, time-consuming or costly than expected, (xi) constraints on management's attention to operating and growing our business during the execution of the acquisition of JDE Peet's and the separation, (xii) the potential downgrade of our credit ratings as a result of debt incurred and/or assumed in connection with the acquisition of JDE Peet's and the separation, (xiii) the risk that the acquisition of JDE Peet's and the separation may incur significant additional costs, (xiv) the risk of potential litigation, (xv) negative effects of the announcement and pendency of the acquisition of JDE Peet's and the separation on our share price, and (xvi) the ability to achieve the anticipated strategic and financial benefits from the separation, and (xvii) the other risks and uncertainties discussed in the Company's press releases and public filings. These risks and uncertainties, as well as others, are more fully discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"), including our Annual Report on Form 10-K filed with the SEC on February 25, 2025. While the lists of risk factors presented here and in our public filings are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties.Any forward-looking statement made herein speaks only as of the date of this release. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law.NON-GAAP FINANCIAL MEASURESThis release includes non-GAAP financial measures, which differ from results using U.S. Generally Accepted Accounting Principles (GAAP). These non-GAAP financial measures should be considered as supplements to and should not be considered replacements for, or superior to, the GAAP measures. These measures may differ from similarly titled non-GAAP financial measures presented by other companies, and other companies may not define the non-GAAP financial measure in the same way. Non-GAAP financial measures typically exclude certain charges, including one-time costs that are not expected to occur routinely in future periods, described by the Company as "items affecting comparability." The Company uses non-GAAP financial measures to evaluate our operating and financial performance and to compare such performance to that of prior periods and to the performance of our competitors. Additionally, we use non-GAAP financial measures in making operational and financial decisions and in our budgeting and planning process. We believe that providing non-GAAP financial measures to investors helps investors evaluate our operating performance, profitability and business trends in a way that is consistent with how management evaluates such performance.Management leverage ratio is defined as the Company's total principal amounts of debt less cash and cash equivalents, divided by Adjusted EBITDA. Management believes that the Management leverage ratio is useful for investors in evaluating the Company's liquidity and assessing the Company's ability to meet its financial obligations.Adjusted EBITDA is defined as EBITDA, as adjusted for items affecting comparability, which include: (i) the unrealized mark-to-market impact of derivative instruments not designated as hedges in accordance with U.S. GAAP that do not have an offsetting risk reflected within the financial results, as well as the unrealized mark-to-market impact of our Vita Coco investment prior to its sale in the first quarter of 2025; (ii) the amortization associated with definite-lived intangible assets; (iii) the amortization of the deferred financing costs associated with the combination of the business operations with Dr Pepper Snapple Group, Inc. as of July 9, 2018 (the "DPS Merger"); (iv) the amortization of the fair value adjustment of the senior unsecured notes obtained as a result of the DPS Merger; (v) stock compensation expense and the associated windfall tax benefit attributable to the matching awards made to employees who made an initial investment in KDP; (vi) transaction costs for significant business combinations (completed or abandoned), excluding costs related to the JDE Peet's acquisition; (vii) non-cash changes in deferred tax liabilities related to goodwill and intangible assets as a result of tax rate or apportionment changes; and (viii) certain other items that are excluded for comparison purposes to prior year periods. EBITDA is defined as Net income as adjusted for interest expense, net; provision for income taxes; depreciation expense; amortization of intangibles; and other amortization. Management believes that Adjusted EBITDA is useful for investors in evaluating the Company's operating results and understanding the Company's operating trends by adjusting certain items that can vary significantly depending on specific underlying transactions or events, thereby affecting comparability.The Company does not provide reconciliations of such forward-looking non-GAAP measures to GAAP measures, due to the inability to predict the amount and timing of impacts outside of the Company's control on certain items, such as non-cash gains or losses resulting from mark-to-market adjustments of derivative instruments, among others, which could be material. Reconciling such items would require unreasonable efforts.RESTRICTIONSThis release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in JDE Peet's N.V. Any offer will be made only by means of the offer memorandum approved by the Dutch Authority for the Financial Markets, which is available as of January 15, 2026. This press release is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication or distribution would be unlawful.Investor Contact:
Investor Relations
T: 888-340-5287 / IR @kestrels-3345 / katie.gilroy@kdrp.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-announces-updated-financing-plan-for-jde-peets-acquisition-302694978.htmlSOURCE Keurig Dr Pepper
Original: Keurig Dr Pepper Announces Updated Financing Plan for JDE Peet's Acquisition
US Market News
4月前
Keurig Dr Pepper Announces New Directors and Governance ChangesFebruary 12, 2026 4:45 PM
PR Newswire (US)
Appoints two highly qualified independent directors to the BoardEstablishes new Board committees reinforcing strong governance BURLINGTON, Mass. and FRISCO, Texas, Feb. 12, 2026 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced the continued evolution of its Board of Directors. Effective March 2, two new independent directors, Amie Thuener and William "Bill" Newlands, will join the Board. On the same date, the existing Remuneration & Nominating Committee will separate into newly-created Nominating & Governance and Compensation Committees.These changes support KDP's transformation and value creation agenda as it approaches the closing of the JDE Peet's acquisition in early Q2 and progresses over the following quarters towards a separation into two independent companies ("Beverage Co." and "Global Coffee Co." pending the announcement of official corporate names). "We are pleased to welcome two highly accomplished executives to KDP's Board of Directors and to announce another step to further strengthen our governance," said Tim Cofer, Chief Executive Officer. "Amie and Bill will bring rich independent insights and guidance at a pivotal point of transformation at KDP, and the evolved committee structure will enable greater focus on key decisions to create value as we prepare for separation."Pam Patsley, Chair of the Remuneration & Nominating Committee, added, "With extensive professional backgrounds across a variety of industries and strong Board service experience, Amie and Bill will add valuable perspective to KDP's Board and committees. We're looking forward to working closely together to establish best-in-class governance for the future Beverage Co. and Global Coffee Co."Amie Thuener brings 30 years of finance and accounting experience to KDP's Board and will serve on its Audit & Finance Committee. Having joined Alphabet (formerly Google) in 2013, she currently holds the position of Vice President, Corporate Controller and Chief Accounting Officer, with responsibility for global external financial reporting and accounting policy. During her tenure at Alphabet, Thuener has had responsibility for finance teams for Alphabet's Other Bets, including Verily, Waymo and others, as well as M&A finance. Prior to Alphabet, Thuener worked as a Managing Director at PwC and consulted for companies across different growth stages and industries. She has also served as a practice fellow on the Financial Accounting Standards Board, and as a director on the Nordstrom Board of Directors prior to its recent privatization. Thuener holds a Bachelor of Economics (Accounting) and Philosophy degree from the University of California, Santa Barbara.Bill Newlands brings more than 40 years of experience in the beverage alcohol and consumer packaged goods industries to KDP's Board and will serve on its Nominating & Governance Committee. With a track record of driving significant business transformation and building leading global brands, Newlands has served as President and CEO of Constellation Brands for just over seven years. Having joined the company in 2015 and previously serving as Chief Growth Officer and Chief Operating Officer, Newlands will be stepping down as President and CEO and retiring from the Board in April. In addition to the Board of Constellation Brands, Newlands has also served as a director at Hormel Foods since 2018 and is currently its Chairman of the Board. He holds a Master of Business Administration from Harvard University and a Bachelor of Science from the Wharton School at the University of Pennsylvania. ABOUT KEURIG DR PEPPERKeurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of more than $15 billion, we hold leadership positions in beverage categories including carbonated soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, Snapple®, 7UP®, Green Mountain Coffee Roasters®, GHOST®, Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a purpose to Drink Well. Do Good., our 29,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram.FORWARD-LOOKING STATEMENTSCertain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. These forward-looking statements can generally be identified by the use of words such as "outlook," "guidance," "anticipate," "expect," "believe," "could," "estimate," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would," and similar words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially. These forward-looking statements speak only as of the date of this release.Forward-looking statements are subject to risks, uncertainties and other factors, including the factors disclosed in our Annual Report on Form 10-K and subsequent filings with the SEC, that could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, (i) risks relating to the completion of the proposed JDE Peet's acquisition and subsequent spin-off in the anticipated timeframe or at all; (ii) risks relating to the ability to realize the anticipated benefits of the proposed JDE Peet's acquisition and subsequent spin-off; (iii) risks relating to significant costs related to the proposed JDE Peet's transactions; (iv) the expected financial and operating performance and future opportunities following the JDE Peet's acquisition and subsequent spin-off; (v) disruption from the JDE Peet's acquisition and subsequent spin-off making it more difficult to maintain business and operational relationships; (vi) diverting KDP's and JDE Peet's respective management from business operations; and (vii) risks relating to potential litigation that arises as a result of the proposed JDE Peet's transactions. KDP expressly disclaims any obligation to update, modify or withdraw any forward-looking statements, except as required by applicable law.Investor Contact:
Investor Relations
T: 888-340-5287 / IR @kestrels-3345 / katie.gilroy@kdrp.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-announces-new-directors-and-governance-changes-302686943.htmlSOURCE Keurig Dr Pepper
Original: Keurig Dr Pepper Announces New Directors and Governance Changes
US Market News
5月前
Capital Rotation: Why Smart Money is Chasing Functional WellnessFebruary 6, 2026 9:07 AM
PR Newswire (US)
ISSUED ON BEHALF OF DOSEOLOGY SCIENCES INC.Equity-Insider.com News CommentaryVANCOUVER, BC, Feb. 6, 2026 /PRNewswire/ -- Legacy strategies are stalling as consumers abandon static products for brands that deliver real utility. This pivotal shift toward added value[1] is dismantling the old model of simple shelf dominance. We are entering a high-growth cycle where the functional market is forecast to expand from $164 billion to over $240 billion by 2031[2]. This creates a scalable opportunity for the movers and shakers redefining the sector: Doseology Sciences Inc. (CSE: MOOD) (OTCPK:DOSEF) (FSE: VU70), Keurig Dr Pepper (NASDAQ: KDP), Nature's Sunshine (NASDAQ: NATR), PepsiCo (NASDAQ: PEP), and Splash Beverage Group (NYSE-A: SBEV). Investors need to look past traditional category labels and focus on lifestyle integration[1]. Data shows that health and wellness is the only sector with net positive spending intent this year[3]. While other industries cut back; half of all consumers are actively prioritizing functional products that fit seamlessly into their routine. This disconnect between robust demand and current market valuations presents a compelling entry point for capital looking for growth.Doseology Sciences Inc. (CSE: MOOD) (OTCPK: DOSEF) began pilot production of caffeine-based energy pouches in late January 2026, introducing its Feed That Brain brand into the growing oral pouch market. The Kelowna, British Columbia-based company is testing nicotine-free pouches that deliver caffeine in a small, portable format similar to the tobacco-free nicotine pouches that have gained popularity in recent years.The pilot products avoid the sugar, carbonation, and liquid bulk of traditional energy drinks. Instead, users get measured caffeine doses in a discreet pouch format. A small direct-to-consumer test is expected within weeks to gather customer feedback and operational data before any larger commercial rollout."This pilot reflects a disciplined and intentional approach to evaluating new product formats within our platform," said Tim Corkum, President and COO of Doseology. "Feed That Brain brings a strong foundation in functional product design, and this initiative allows us to assess caffeine-based, pouch-format energy delivery under a measured and compliant framework."The initiative follows Doseology's December 2024 acquisition of the Feed That Brain brand for $400,000, paid through stock issuance. The Toronto-based cognitive health brand, founded by Forbes-recognized entrepreneur Rena R. Dempsey, originally focused on functional gummies and nootropic supplements designed to support mental performance.Doseology also brought on Joseph Mimran as Strategic Advisor in a three-year deal valued at $400,000 in restricted share units. Mimran co-founded Alfred Sung, founded Club Monaco (later sold to Ralph Lauren), and created the Joe Fresh retail brand. He stated that Doseology's product development approach and attention to regulatory requirements encouraged his involvement.The Feed That Brain purchase puts Doseology at the crossroads of two fast-growing consumer categories. Grand View Research projects the global energy drinks market will expand from $79.4 billion in 2024 to $125.1 billion by 2030. The nicotine pouch segment is forecast to surge from $5.4 billion in 2024 to over $25 billion by 2030, a 29.6% annual growth rate. Consumer concerns about sugar intake and beverage overconsumption have driven interest in alternative caffeine formats.Doseology currently sells Gummies and Collagen products under the Feed That Brain brand in close to 500 Canadian retail locations. Its U.S. subsidiary, Doseology USA Inc., established earlier this year, is developing pouches that combine caffeine with nootropics and adaptogens. The company is led by CEO Chris Jackson, President and COO Tim Corkum, and Strategic Go-to-Market Advisor Patrick Sills.CONTINUED... Read this and more news for Doseology Sciences at:
https://equity-insider.com/2025/12/19/what-comes-after-cigarettes-vapes-and-energy-drinks/Keurig Dr Pepper (NASDAQ: KDP) launched a recommended public cash offer for all issued and outstanding shares of JDE Peet's at EUR 31.85 per share, with the offer period running from January 16 to March 27, 2026. The JDE Peet's board of directors unanimously supports and recommends the offer, with shareholders representing approximately 69% of outstanding shares having irrevocably committed to tender, and all competition clearances have been obtained.Following the acquisition, Keurig Dr Pepper plans to separate into two independent, U.S.-listed publicly traded companies creating a scaled North American refreshment beverages challenger and a global coffee leader serving over 100 countries. Closing is expected early in the second quarter of 2026, with Keurig Dr Pepper bringing annual revenue of more than $15 billion and a portfolio of over 125 owned, licensed, and partner brands to the combined platform.Nature's Sunshine (NASDAQ: NATR) subsidiary Synergy Worldwide received recognition from Euromonitor International naming its Pro-Argi-9+ the world's number one L-arginine supplement based on 2024 retail sales value, reinforcing the product's growing global momentum in the health and wellness space. The flagship supplement features a unique formula combining L-arginine and L-citrulline to support nitric oxide production and promote healthy circulation throughout the body."Pro-Argi-9+ exemplifies Synergy's legacy of translating world-class science into life-changing wellness," said Kevin Fuller, Global Chief Marketing Officer. "Euromonitor International's recognition affirms Pro-Argi-9+ as the category-defining L-arginine supplement and a powerful catalyst for circulation, cardiovascular wellness, and overall vitality."Nature's Sunshine markets and distributes nutritional and personal care products in more than 40 countries, manufacturing most products through its own state-of-the-art facilities. The company remains committed to advancing innovation through its Synergy Worldwide division while empowering health through science-backed solutions.PepsiCo (NASDAQ: PEP) announced it is lowering suggested retail prices by up to nearly 15% on many of its most popular snack brands including Lay's, Doritos, Cheetos, and Tostitos, with new pricing rolling out across the United States ahead of the Super Bowl. The move comes as the company responds to consumer feedback about rising everyday costs making daily purchasing decisions more difficult."We've spent the past year listening closely to consumers, and they've told us they're feeling the strain," said Rachel Ferdinando, CEO, PepsiCo Foods U.S. "Lowering the suggested retail price reflects our commitment to help reduce the pressure where we can."The pricing change is part of PepsiCo's broader strategy to increase accessibility alongside ongoing portfolio refinements including the removal of artificial flavors and colors from Lay's and Tostitos. Retailers ultimately set their own prices, meaning shoppers may see even greater savings depending on the store.Splash Beverage Group (NYSE-A: SBEV) announced that Senor Frog's has selected Chispo Tequila as its house tequila across an initial group of locations in Florida, the Bahamas, and Mexico, marking the brand's first high-profile national hospitality partner. Senor Frog's belongs to Grupo Anderson's Mexico, which operates more than 50 business units and 15 distinct restaurant brands across four countries."This is exactly the type of early success we set out to achieve when we developed Chispo," said William Meissner, President and Chief Marketing Officer of Splash Beverage Group. "The Senor Frog's team was thoughtful, disciplined, and thorough in their selection process, and we're honored that Chispo earned their confidence."The initial placement is expected to introduce Chispo to hundreds of thousands of guests annually in a high-energy, experiential on-premise environment. Splash Beverage Group expects to continue expanding Chispo's distribution footprint through additional on-premise and retail partnerships as the Jalisco-produced tequila builds momentum in 2026 and beyond.Article Source: https://equity-insider.com/2025/12/19/what-comes-after-cigarettes-vapes-and-energy-drinks/ CONTACT:
Equity Insider
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity-Insider.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Maynard Communications ("MAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for Doseology Sciences. Inc. advertising or digital media, but expects to be paid a fee from ("MAY"). There may be 3rd parties who may have shares of Doseology Sciences Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Doseology Sciences Inc., which were purchased as a part of a private placement. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by Doseology Sciences Inc.; this is a paid advertisement, we currently own shares of Doseology Sciences Inc. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:https://www.strategyand.pwc.com/de/en/industries/consumer-markets/cpg-outlook.htmlhttps://www.mordorintelligence.com/industry-reports/functional-beverage-markethttps://civicscience.com/health-and-wellness-the-only-category-with-net-positive-spending-intent-in-2026/Logo: https://mma.prnewswire.com/media/2840019/Equity_Insider_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/capital-rotation-why-smart-money-is-chasing-functional-wellness-302681352.html
Original: Capital Rotation: Why Smart Money is Chasing Functional Wellness
US Market News
5月前
Keurig Dr Pepper Declares Quarterly DividendFebruary 3, 2026 4:15 PM
PR Newswire (US)
BURLINGTON, Mass. and FRISCO, Texas, Feb. 3, 2026 /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 10, 2026 to shareholders of record on March 27, 2026.Investor Contact:
Investor Relations
T: 888-340-5287 / IR @kestrels-3345 / katie.gilroy@kdrp.comABOUT KEURIG DR PEPPER
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of more than $15 billion, we hold leadership positions in beverage categories including carbonated soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, Snapple®, 7UP®, Green Mountain Coffee Roasters®, GHOST®, Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a purpose to Drink Well. Do Good., our 29,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit www.keurigdrpepper.com and follow us @KeurigDrPepper on LinkedIn and Instagram.
View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-declares-quarterly-dividend-302678032.htmlSOURCE Keurig Dr Pepper Inc.
Original: Keurig Dr Pepper Declares Quarterly Dividend
MCArmel1
11年前
Dr Pepper Snapple beats by $0.05, beats on revenue
Oct 22 2015, 08:06 ET | About: Dr Pepper Snapple Group, ... (DPS) | By: Jignesh Mehta, SA News Editor
Dr Pepper Snapple (NYSE:DPS): Q3 EPS of $1.08 beats by $0.05.
Revenue of $1.63B (+3.2% Y/Y) beats by $30M.
Press Release
http://seekingalpha.com/news/2847936-dr-pepper-snapple-beats-by-0_05-beats-on-revenue?uprof=45#email_link
Dr Pepper Snapple Group Reports Third Quarter 2015 Results
Thu October 22, 2015 8:00 AM|PR Newswire | About: DPS
PLANO, Texas, Oct. 22, 2015 /PRNewswire/ -- Dr Pepper Snapple Group, Inc. (DPS) reported third quarter 2015 EPS of $1.05 compared to $0.96 in the prior year period. Core EPS were $1.08, up 10%, compared to $0.98 in the prior year period. Year-to-date, the company reported earnings of $3.00 per diluted share compared to $2.79 per share in the prior year period. Core EPS were $3.02, up 9%, compared to $2.77 in the prior year period.
For the quarter, reported net sales increased 3% on a 3% increase in sales volumes, favorable product and package mix and price increases. This was partially offset by 2 percentage points of unfavorable foreign currency translation and higher discounts primarily related to our fountain foodservice business. Reported segment operating profit (SOP) increased 8%, or $30 million, on net sales growth, lower commodity costs and ongoing productivity improvements, partially offset by increases in certain operating costs and 2 percentage points of unfavorable foreign currency translation.
Reported income from operations for the quarter was $337 million, including $9 million in unrealized commodity mark-to-market losses. Reported income from operations was $316 million in the prior year period, including $2 million in unrealized commodity mark-to-market losses. Core income from operations for the quarter was $347 million, up 9%, or 21.3% of net sales compared to 20.1% in the prior year period.
Year-to-date, reported net sales increased 3%, and reported income from operations was $976 million, including $5 million of unrealized commodity mark-to-market losses. Foreign currency translation negatively impacted reported net sales and reported income from operations by 2%. Reported income from operations was $924 million in the prior year period, including $10 million of unrealized commodity mark-to-market gains. Core income from operations year-to-date was $983 million, up 8%, or 20.8% of net sales compared to 19.8% in the prior year period.
DPS President and CEO Larry Young said, "We posted yet another quarter of solid top-line and bottom-line results, with both our CSD and non-carbonated beverage portfolios performing well."
Young continued, "We gained both dollar and volume share in the CSD and shelf-stable juice categories in Nielsen measured markets, and we're seeing financial benefits from our marketing investments and innovation. Rapid Continuous Improvement (RCI) continues to underpin how we operate on a daily basis, and we have a long runway of further improvement opportunities."
More...
http://seekingalpha.com/pr/15076646-dr-pepper-snapple-group-reports-third-quarter-2015-results
MCArmel1
11年前
Dr Pepper Snapple beats by $0.04, beats on revenue
Jul 23 2015, 08:04 ET | About: Dr Pepper Snapple Group... (DPS) | By: Niloofer Shaikh, SA News Editor
Dr Pepper Snapple (NYSE:DPS): Q2 EPS of $1.14 beats by $0.04.
Revenue of $1.66B (+1.8% Y/Y) beats by $10M.
Press Release
http://seekingalpha.com/news/2650095-dr-pepper-snapple-beats-by-0_04-beats-on-revenue?uprof=45#email_link
Dr Pepper Snapple Group Reports Second Quarter 2015 Results
Thu July 23, 2015 8:00 AM|PR Newswire | About: DPS
PLANO, Texas, July 23, 2015 /PRNewswire/ -- Dr Pepper Snapple Group, Inc. (DPS) reported second quarter 2015 EPS of $1.14 compared to $1.06 in the prior year period. Core EPS were $1.13, up 7%, compared to $1.06 in the prior year period. Year-to-date, the company reported earnings of $1.95 per diluted share compared to $1.84 per share in the prior year period. Core EPS were $1.94, up 8%, compared to $1.80 in the prior year period.
For the quarter, reported net sales increased 1%, which included favorable product, package and segment mix and a 1% increase in sales volumes, partially offset by 2 percentage points of unfavorable foreign currency translation. Reported segment operating profit (SOP) increased 6%, or $24 million, on net sales growth, ongoing productivity improvements and favorable commodity costs, partially offset by 1 percentage point of unfavorable foreign currency translation.
Reported income from operations for the quarter was $369 million, including $5 million in unrealized commodity mark-to-market gains. Reported income from operations was $348 million in the prior year period. Core income from operations was $365 million, up 5% compared to the prior year period.
Year-to-date, reported net sales increased 3%, and reported income from operations was $639 million, including $4 million of unrealized commodity mark-to-market gains. Foreign currency translation negatively impacted reported net sales by 1% and reported income from operations by 2%. Reported income from operations was $608 million in the prior year period, including $12 million of unrealized commodity mark-to-market gains. Core income from operations was $636 million, up 7% compared to the prior year period.
DPS President and CEO Larry Young said, "We've had a good start to the year, and I'm proud of what our teams have been able to accomplish in this competitive environment. They remained focused on our strategy and continued to deliver against our key priorities. Year-to-date, we grew volume and dollar share in both the CSD and shelf-stable juice categories in Nielsen measured markets and gained or held distribution and availability across our portfolio."
Young continued, "We've brought innovation to the market that addresses consumers' evolving needs, and Rapid Continuous Improvement (RCI) continues to drive growth and productivity across the business. I'm confident that our teams will continue to execute against our plans for the balance of the year."
More...
http://seekingalpha.com/pr/14176295-dr-pepper-snapple-group-reports-second-quarter-2015-results
Hot Features
プレミアム
登録してリアルタイムのアラート、カスタムポートフォリオ、市場の動きを入手してください。
iHub News
4日前
TucsonPhil
10月前
31twu
7年前
fuzzy
7年前
ValueInvestor15
9年前
Liam859
10年前
メールアドレスで登録
