Keurig Dr Pepper targets iced coffee market with launch of liquid espresso concentrate
KDP Keurig Dr Pepper Inc
$33.12 +1.41%
View chart & analysis → - 1Keurig Dr Pepper is expanding its iced coffee and customized beverage market by launching liquid espresso concentrate across 20 countries under four brands.
- 2According to its recent earnings report, Keurig Dr Pepper recorded net sales of $7.31 billion, achieving 75.6% of Keurig Dr Pepper's year-over-year net sales growth.
- 3Keurig Dr Pepper is preparing to split its coffee and beverage businesses into two independent entities.
So what's the key point?
Keurig Dr Pepper is expanding its market by releasing liquid coffee concentrate. The company recorded $7.31 billion in sales and is preparing to operate its beverage business by splitting it into separate parts.
Source Food Dive · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.