Keurig Dr Pepper Q4 2021 Earnings Report
Key Takeaways
Keurig Dr Pepper reported strong financial results for the fourth quarter of 2021, with net sales increasing by 8.7% to $3.39 billion. The company's performance was driven by growth in Packaged Beverages, Beverage Concentrates, and Latin America Beverages. Adjusted diluted EPS increased by 15.4% to $0.45.
Exceptional top-line momentum, driven by robust consumer demand across our portfolio.
Third consecutive year of double-digit Adjusted EPS growth.
Successfully delivered merger commitments on or ahead of the targets set four years ago.
Confidence in the stronger, faster-growing business we have built.
Keurig Dr Pepper
Keurig Dr Pepper
Forward Guidance
KDP affirmed guidance for both net sales and Adjusted diluted EPS growth in 2022 in the mid-single-digit range. The Company expects EPS performance versus 2021 to strengthen throughout the year, with Adjusted diluted EPS growth reaching the high-single-digit range in the second half of 2022, in line with the Company’s long-term algorithm.