Keurig Dr Pepper Inc

KDP: XNAS (USA)
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Keurig Dr Pepper Earnings: Solid Results on Refreshment Beverage Strength but Coffee Still Weak

Keurig Dr Pepper's fourth-quarter sales grew 11% on a 12% rise in refreshment beverages, but adjusted EPS grew only 2% due to cost pressure and expense deleverage in coffee. Management now expects to close the JDE Peets acquisition in April, one quarter earlier than we expected.

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