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Sep 30, 2024
Keurig Dr Pepper Q3 2024 Earnings Report
Reported Q3 2024 results driven by strong U.S. Refreshment Beverages and International momentum and reaffirmed fiscal 2024 guidance.
Key Takeaways
Keurig Dr Pepper reported a net sales increase of 2.3% to $3.9 billion in Q3 2024. 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. They also announced the acquisition of GHOST.
Net sales for the third quarter increased 2.3% to $3.9 billion.
On a constant currency basis, net sales advanced 3.1%, driven by volume/mix growth of 3.5%, partially offset by modestly unfavorable net price realization of 0.4%.
Adjusted diluted EPS increased 6.3% to $0.51.
Company reaffirmed 2024 constant currency net sales and adjusted EPS outlook
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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