Keurig Dr Pepper Inc. reported first-quarter 2022 results, achieving net sales of $3.078 billion, surpassing the Zacks Consensus Estimate of $3.021 billion and reflecting a 6.1% increase year-over-year. The company's net income soared to $585 million, a significant rise from $325 million in the same quarter last year. Driven by strong consumer demand and market share gains, KDP has raised its sales growth outlook for the year to the high-single-digit range while reaffirming its guidance for adjusted earnings per share growth.
“Keurig Dr Pepper Inc. · is scheduled to release · first-quarter 2022 results · on Apr 28, before market open”
“Keurig Dr Pepper Inc. · is scheduled to release · first-quarter 2022 results · on Apr 28, before market open”
“Keurig · has been gaining from · solid portfolio demand and continued market share gains · stemming from robust in-market performances across categories and brands”
“Keurig Dr Pepper Inc. · tacked on · 0.3% · premarket trading”
“Keurig Dr Pepper Inc. · reported first-quarter profit that · matched expectations”
“Keurig Dr Pepper Inc. · raised its sales growth outlook”
“Keurig Dr Pepper Inc. · reported · net sales · $3,078 million”
“Keurig Dr Pepper Inc. · reported · net sales · surpassed the Zacks Consensus Estimate of $3,021 million”
“Keurig Dr Pepper Inc. · reported · net sales · increased 6.1% from the year-ago quarter’s level”
“Keurig Dr Pepper Inc. · gained · market share · above 87% of KDP's cold beverage portfolio”
“Keurig Dr. Pepper Inc. · reported · first-quarter net income · $585 million”
“Keurig Dr. Pepper Inc. · reported · earnings per share · 41 cents”
