Keurig Dr Pepper Reports Strong Start to 2021
Delivers Double-Digit Net Sales and Earnings Growth
Raises Full-Year Net Sales Guidance and Reaffirms EPS Guidance
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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 doubled to $0.23 and Adjusted
Keurig Dr Pepper to Report First Quarter 2021 Results and Host Conference Call
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Keurig Dr Pepper to Report First Quarter 2021 Results and Host Conference Call
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Keurig Dr Pepper Inc (KDP) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Keurig Dr Pepper Inc (NASDAQ: KDP)
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Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Keurig Dr Pepper s Earnings Call for the Fourth Quarter and Full Year of 2020. [Operator Instructions]. I would now like to introduce Keurig Dr Pepper s Vice President of Investor Relations, Mr. Tyson Seely. Mr Seely, Please go ahead.
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our