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Mar 31, 2024
Keurig Dr Pepper Q1 2024 Earnings Report
Keurig Dr Pepper reported strong Q1 2024 results, driven by consistent execution and a healthy business, and reaffirmed its full year guidance. Tim Cofer was appointed CEO and Board Member effective April 26, with Bob Gamgort to serve as Executive Chairman.
Key Takeaways
Keurig Dr Pepper reported a 3.4% increase in net sales to $3.5 billion for Q1 2024. Adjusted diluted EPS increased by 11.8% to $0.38. The company reaffirmed its fiscal 2024 guidance for constant currency net sales growth in a mid-single-digit range and Adjusted diluted EPS growth in a high-single-digit range.
Net sales increased by 3.4% to $3.5 billion.
Adjusted operating income increased by 17.5% to $825 million.
Adjusted diluted EPS increased by 11.8% to $0.38.
KDP reaffirmed its fiscal 2024 guidance for constant currency net sales growth in a mid-single-digit range and Adjusted diluted EPS growth in a high-single-digit range.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
KDP reaffirmed its fiscal 2024 guidance for constant currency net sales growth in a mid-single-digit range and Adjusted diluted EPS growth in a high-single-digit range.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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