Keurig Dr Pepper Inc. (KDP) Tops Q1 EPS by 1c

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Go back to Keurig Dr Pepper Inc. (KDP) Tops Q1 EPS by 1c

Keurig Dr Pepper Reports Strong Start to 2021

April 29, 2021 6:30 AM EDT

BURLINGTON, Mass. and FRISCO, Texas, April 29, 2021 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported financial results for the first quarter ended March 31, 2021 and increased its outlook for 2021 net sales growth to 4% to 6%, from the Company's prior net sales guidance of 3% to 4%. KDP also reaffirmed its guidance for full-year Adjusted diluted EPS growth of 13% to 15%.

Net sales in the first quarter of 2021 advanced approximately 11% on both a GAAP and constant currency basis, with each of the Company's business segments reporting strong growth. GAAP diluted earnings per share more than... More