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Keurig Dr Pepper reports Q4 adjusted EPS 50c, consensus 50c
The Fly

Keurig Dr Pepper reports Q4 adjusted EPS 50c, consensus 50c

Reports Q4 revenue $3.8B, consensus $3.78B. Commenting on the announcement, chairman and CEO Bob Gamgort stated, "We accelerated our revenue growth for the fifth consecutive year, delivering 12% growth in the fourth quarter and 11% growth for the full year. Continued brand strength across our portfolio enabled modest elasticities in an environment marked by significant pricing. As we look to 2023, we expect mid-single-digit revenue growth, as the rate of pricing moderates, and enhanced gross margins, as the relationship between inflation and pricing improves."

Published first on TheFly

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