Reported 1 day ago
Keurig Dr Pepper Inc. has experienced a slight dip in share prices following the release of its second-quarter results, which revealed an adjusted earnings per share of 49 cents and sales growth of 6.1% year-over-year, reaching $4.16 billion. Despite a 10.5% increase in adjusted net income to $673 million, the gross margin has contracted, reflecting ongoing challenges from margin cuts and currency headwinds. The company remains optimistic about its outlook for 2025, anticipating continued sales growth despite forecasted foreign currency impacts.
Source: YAHOO