Keurig Dr Pepper's profits were up more than sales in the latest quarter. Management is repurchasing shares and intends to increase marketing with its extra cash.
Beverage maker Keurig Dr Pepper beat Wall Street expectations for first-quarter sales and profit on Thursday, helped by steady demand for its high-priced sodas and tonic water.
Tim Cofer Appointed CEO & Board Member Effective April 26; Bob Gamgort to Serve as Executive Chairman Following Strong Q1, Company Continues to Expect On-Algorithm 2024 Net Sales and Adjusted EPS Growth BURLINGTON, Mass. and FRISCO, Texas , April 25, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the first quarter of 2024, reaffirmed its full year guidance,...
Insider buying is good. It shows management's confidence in a business, helping to support investor sentiment, and no insider is more significant than the CEO.
Keurig Dr Pepper stock (NASDAQ NDAQ : KDP) currently trades at $31 per share, 23% below the peak level of $40 seen in August 2022, and it seems to have ample room for growth, in our view. KDP stock was trading at around $35 in early June 2022, just before the Fed started increasing rates, and is now 13% below that level, compared to 34% gains for the S&P 500 during this period.
Keurig Dr Pepper Inc. NASDAQ: KDP is a beverage company that also specializes in single-serve coffee brewer machines and pods. In fact, Keurig started the single-serving coffee market with its brewers and Green Mountain Coffee K-Cups.
BURLINGTON, Mass. and FRISCO, Texas , March 28, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) will release its financial results for the first quarter ended March 31, 2024 before the market opens on Thursday, April 25, 2024.
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