Loading...
•
Mar 31
Keurig Dr Pepper Q1 2025 Earnings Report
Keurig Dr Pepper reported solid top- and bottom-line growth in Q1 2025 driven by strong U.S. refreshment beverage performance.
Key Takeaways
Keurig Dr Pepper posted strong Q1 2025 results, with $3.64 billion in revenue and $517 million in net income. The company saw robust growth in its U.S. Refreshment Beverages segment and reaffirmed its full-year guidance.
Net sales increased to $3.64 billion, up 4.8% year-over-year.
Adjusted EPS rose to $0.42, supported by a gain from the sale of its investment in Vita Coco.
U.S. Refreshment Beverages saw double-digit growth, driven by volume/mix and price realization.
Free cash flow turned positive at $102 million, compared to a negative figure last year.
Keurig Dr Pepper
Keurig Dr Pepper
Keurig Dr Pepper Revenue by Segment
Keurig Dr Pepper Revenue by Geographic Location
Revenue by Segment
U.S. Refresh Beverages Revenue
CapyFin.comU.S. Coffee Revenue
CapyFin.comInternational Revenue
CapyFin.comRevenue by Geographic Location
U.S. Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
KDP reaffirmed its fiscal 2025 guidance for mid-single-digit constant currency net sales growth and high-single-digit adjusted EPS growth.
Positive Outlook
- Reaffirmed guidance signals confidence in FY2025 performance
- Strong growth in U.S. Refreshment Beverages expected to continue
- Adjusted EPS growth to benefit from Vita Coco sale gain
- Integration of GHOST brand to support volume/mix growth
- Continued focus on productivity and cost discipline
Challenges Ahead
- Foreign currency expected to be a ~1% headwind to full-year growth
- U.S. Coffee volume pressures due to category pricing actions
- International performance impacted by FX and SG&A increases
- Inflationary pressures continue to affect margins
- Tough year-over-year comps due to prior C4 performance incentives
Revenue & Expenses
Visualization of income flow from segment revenue to net income