- Keurig Dr Pepper press release ( NASDAQ: KDP ): Q2 Non-GAAP EPS of $0.39 in-line.
- Revenue of $3.55B (+13.1% Y/Y) beats by $170M .
- Operating cash flow in the second quarter of 2022 totaled $676 million and free cash flow totaled $599 million.
- During the quarter, the Company repurchased approximately 2.5 million KDP shares for a total cost of $87.6 million, at an average price per share of $34.51.
- KDP raised its guidance for 2022 constant currency net sales growth to the low-double-digit range and reaffirmed its guidance for Adjusted EPS growth in the mid-single-digit range. The Company continues to expect Adjusted EPS growth in the second half of the year to reach the high-single-digit range, driven largely by the fourth quarter.
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Keurig Dr Pepper Non-GAAP EPS of $0.39 in-line, revenue of $3.55B beats by $170M