Keurig Dr Pepper Inc. (KDP)

NYSE · Consumer Staples

Latest Move · 2026-02-24

+3.96%
Q4 earnings beat and JDE Peet's financing update lift shares on heavy volume

Keurig Dr Pepper stock rose 4.0% following the company's earnings announcement and forward guidance. The company reported a net profit of $353 million or $0.26 per share in the fourth quarter, compared to a net loss in the prior year. Net sales for the quarter grew 10.5 percent to $4.50 billion. The company attributed strong performance to increased prices in its U.S. refreshment-beverage segment, which saw net sales jump 12 percent to $2.7 billion. For fiscal 2026, KDP projects net sales between $25.9 billion and $26.4 billion with constant currency net sales growth of 4 to 6 percent and low-double-digit adjusted earnings growth. Additionally, the company secured an additional $1.5 billion in equity funding for its JDE Peet's acquisition, increasing the convertible preferred equity investment from $3 billion to $4.5 billion.

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Previous Move

+3.27%
Gains on elevated volume as recovery from January recall selloff extends
2026-02-11

Frequently Asked Questions

Why did Keurig Dr Pepper Inc. stock move today?

Keurig Dr Pepper stock rose 4.0% following the company's earnings announcement and forward guidance. The company reported a net profit of $353 million or $0.26 per share in the fourth quarter, compared to a net loss in the prior year. Net sales for the quarter grew 10.5 percent to $4.50 billion. The company attributed strong performance to increased prices in its U.S. refreshment-beverage segment, which saw net sales jump 12 percent to $2.7 billion. For fiscal 2026, KDP projects net sales between $25.9 billion and $26.4 billion with constant currency net sales growth of 4 to 6 percent and low-double-digit adjusted earnings growth. Additionally, the company secured an additional $1.5 billion in equity funding for its JDE Peet's acquisition, increasing the convertible preferred equity investment from $3 billion to $4.5 billion.

What does Keurig Dr Pepper Inc. do?

Keurig Dr Pepper is a major U.S. beverage company operating across coffee (Keurig, Green Mountain) and soft drinks (Dr Pepper, 7Up, Snapple), with roughly $16 billion in annual net sales. The company is in the process of acquiring Dutch coffee giant JDE Peet's for approximately $18 billion, after which it plans to split into two independent entities — a North American refreshment beverage business and the world's largest pure-play coffee company. Today's earnings and acquisition financing updates are central to that transformation story.

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