Keurig Dr Pepper (KDP) Q2 2025

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Earnings

Keurig Dr Pepper posted a solid second quarter, nudging past Wall Street expectations with adjusted diluted EPS of $0.49 against a consensus of $0.49, a beat of roughly 0.99%, while revenue of $4.16 billion edged ahead of the $4.14 billion estimate a… Read more Keurig Dr Pepper posted a solid second quarter, nudging past Wall Street expectations with adjusted diluted EPS of $0.49 against a consensus of $0.49, a beat of roughly 0.99%, while revenue of $4.16 billion edged ahead of the $4.14 billion estimate and grew 6.1% year over year. The primary engine behind the results was the U.S. Refreshment Beverages segment, where net sales climbed 10.5% to $2.66 billion, fueled by market share gains across carbonated soft drinks, energy, and sports hydration, as well as the contribution of the recently acquired GHOST energy brand. Adjusted operating income for the company overall rose 7.0% to $1.03 billion, underscoring the breadth of the momentum even as U.S. Coffee net sales remained essentially flat and foreign currency translation created modest drag on international results. The performance fits into a broader narrative of large beverage companies leveraging scale and strategic acquisitions to sustain growth. Management reaffirmed full-year 2025 guidance, calling for mid-single-digit constant currency net sales growth and high-single-digit adjusted diluted EPS growth, with foreign currency expected to represent roughly a half-percentage-point headwind.