Keurig Dr Pepper Inc. 8K

Keurig Dr Pepper reported strong Q2 2026 revenue and adjusted EPS growth driven by the JDE Peet’s acquisition and U.S. Refreshment Beverages, reaffirmed its 2026 guidance, and outlined leverage and separation plans despite materially lower GAAP earnings from acquisition-related costs.

On August 6, 2026, Keurig Dr Pepper Inc. reported its second quarter 2026 results, highlighting a 75.6% year-over-year increase in net sales to $7.3 billion largely driven by the newly consolidated JDE Peet’s acquisition, while legacy KDP net sales rose 7.3%; despite GAAP diluted EPS declining to $0.04 due to substantial acquisition- and integration-related charges and inventory step-up from JDE Peet’s, adjusted diluted EPS grew 16.3% to $0.57, supported by strong performance in U.S. Refreshment Beverages and improving trends in KDP International. The company reaffirmed its full-year 2026 constant-currency net sales and adjusted EPS outlook—targeting $25.9–$26.4 billion in net sales, low-double-digit adjusted EPS growth, and a pro-forma management leverage ratio of about 4.1x by year-end—while emphasizing execution on integration, cost synergies, and preparations for a planned separation of its beverage and coffee portfolios in early 2027.

Filing Facts

CIK

1418135

Ticker

KDP

Form

8K

Source Type

sec

Accession

0001418135-26-000048

Alert Tier

7