KDP - Keurig Dr Pepper's US Coffee Sales Hits A Snag Beats On Q3 With Solid Gross Margin Expansion | Benzinga
Keurig Dr Pepper Inc (NASDAQ: KDP) reported third-quarter FY23 sales growth of 5.1% year-on-year to $3.81 billion, beating the analyst consensus estimate of $3.768 billion.
U.S. Coffee sales decreased 3.2% to $1.01 billion, U.S. Refreshment Beverages rose 5.9% to $2.27 billion, and International climbed 20.8% to $523 million.
Gross profit increased 11% to 2.1 billion, with the ...