Keurig Dr Pepper Inc
KDP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^vK | LOCK|FX&# | LOCK|NS!cXzD |
Keurig Dr Pepper Earnings: Strong Performance in Refreshment but Coffee Headwinds Looming
Keurig Dr Pepper's third-quarter constant currency organic sales grew 9%, comprised of growth of 11% in US refreshment beverages, 3% in US coffee, and 11% in international. Adjusted operating margin declined 260 basis points to 22.7%, mostly due to mix shift from the acquisition of JDE Peet's.
