Keurig Dr Pepper Inc

Financial Performance: Keurig Dr Pepper (KDP) reported a full-year net sales growth of approximately 4%, with earnings per share (EPS) growing 8%. In Q4, constant currency net sales increased by 6.2%, mainly driven by significant growth in the U.S. refreshment beverages segment which saw a 10.3% increase in net sales.

2025 Guidance: For 2025, KDP expects mid-single-digit net sales growth and high-single-digit EPS growth, consistent with their long-term algorithm. They anticipate a 1-2% FX headwind affecting reported results, noting expectations for improved sales momentum in the latter half of the year as GHOST's distribution ramps up.

Coffee Segment Challenges: The U.S. coffee segment experienced a 2% decline in Q4 net sales, attributed to temporary price declines, capitalizing on volume stabilization amidst increasing green coffee costs. The company projects subdued growth in this segment for 2025, focusing on pricing and productivity to maintain profit margins.