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Legally, Dr Pepper Snapple Group was the surviving company; it remained publicly traded and changed its name to Keurig Dr Pepper. [80] This created the third largest beverage company in North America. [81] [82] On July 10, shares in Keurig Dr Pepper (KDP) began trading on the New York Stock Exchange. [83] Its stock switched to NASDAQ in 2020. [84]
The combined company would be named Keurig Dr Pepper and would trade publicly on the New York Stock Exchange. Shareholders of Dr Pepper Snapple Group would own 13% of the combined company, while Keurig shareholder and Cadbury current owner Mondelez International owning 13–14%, and JAB Holdings owning the remaining majority stake. [5]
Image source: Getty Images. Keurig comes up short. Keurig Dr Pepper reported revenue in the quarter up 2.3% to $3.89 billion, which was short of estimates at $3.93 billion.
Keurig (/ ˈ k j ʊər ɪ ɡ /) is a beverage brewing system for home and commercial use.The American company Keurig Dr Pepper manufactures the machines. The main Keurig products are K-Cup pods, which are single-serve coffee containers; other beverage pods; and the proprietary machines that use these pods to make beverages.
Keurig Dr Pepper's (KDP) strong performance in third-quarter 2018 and a promising outlook, alongside its partnerships and acquisition strategy, position it for growth in the future.
Keurig Dr Pepper, Inc (KDP) delivered earnings and revenue surprises of 0% and 0.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
By 1998 Dr Pepper/Seven Up, a subsidiary of Cadbury Schweppes, was hindered by its bottling and distribution systems; owning no private bottling plants, it was dependent on independent bottlers or those controlled by Coca-Cola or Pepsi to bottle its beverages, and those two giant competitors also had better distribution systems and more influence with retail and fast-food chains.
Keurig Dr Pepper, Inc (KDP) delivered earnings and revenue surprises of 2.70% and 2.40%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?