Items affecting comparability: Defined as certain items that are excluded for comparison to prior year periods, adjusted for the tax impact as applicable. Lamentamos This statement sets out the steps taken by KDPbetween 2020 and 2023to prevent, identify and address human rights and modern slavery risks in our operations and supply chains. Onze KDP holds leadership positions in liquid refreshment beverages, including soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. O*NET OnLine provides detailed descriptions of the world-of-work for use by job seekers, workforce development and HR professionals, students, developers, researchers, and more. Your email address will not be published. Excluding items affecting comparability, Adjusted operating income increased 18.3% to $84 million and, on a percent of net sales basis, totaled 20.2%. Which benefits does Keurig Dr Pepper provide? GAAP net income for the quarter decreased 20.2% to $467 million, or $0.33 per diluted share, compared to $585 million, or $0.41 per diluted share, in the year-ago period. Whether youre looking for a basic guide or a detailed guide on how to use your machine, a manual is a must for any Keurig product. Wenn These forward-looking statements can generally be identified by the use of words such as "outlook," "guidance," "anticipate," "expect," "believe," "could," "estimate," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would," and similar words. At-home coffee consumption in the quarter continued to normalize post the pandemic. On average, employees at Keurig Dr Pepper stay with the company for 4.5 years. Keurig Dr Pepper Inc. recruits qualified applicants and advances in employment its employees without regard to race, color, religion, gender, sex, sexual orientation, gender identity, gender expression, age, disability, genetic information, ethnic or national origin, marital status, veteran status, or any other protected class by law. Comprehensive reports include occupation requirements, worker characteristics, and available training, education, and job . las molestias. Keurig Dr Pepper is a male-dominated company. Excluding items affecting comparability, Adjusted operating income increased 18.3% to $84 million and, on a percent of net sales basis, totaled 20.2%. 49% of Keurig Dr Pepper employees are between the ages of 20-30 years. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Keurig Dr Pepper - SHOPMARFIELD.COM FORWARD LOOKING STATEMENTSCertain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. Caso continue recebendo esta mensagem, per informarci del problema. This document outlines KDPs methodology for measuring progress, which has been developed in partnership with experts including growers, NGOs, and industry organizations, and we will continue to evolve our approach as we implement projects and learn through collaboration with our community partners. Our Corporate Code of Conduct outlines the commitments we've made to our stakeholders and those with whom we do business, as well as the expectations we have of our Company and employees to act in a professional, ethical and legal manner in all their dealings. During the quarter, the Company repurchased approximately 6.6 million KDP shares at a weighted average price per share of $34.96, totaling approximately $231 million. The average price target represents an increase . Ci For the first quarter of 2023, the other certain items excluded for comparison purposes include productivity expenses. Wedbush Maintains Keurig Dr Pepper (KDP) Outperform Recommendation The Company's Drink Well. Free cash flow is defined as net cash provided by operating activities adjusted for purchases of property, plant and equipment, proceeds from sales of property, plant and equipment, and certain items excluded for comparison to prior year periods. Retail consumption data based on Keurig Dr Pepper's custom IRi category definitions for the 13-week period ending 4/2/2023. It also provides single serve brewing systems. Job Overview. In 2022, Keurig Dr Pepper's net sales worldwide amounted to about 14.06 billion . The most common race/ethnicity at Keurig Dr Pepper is White. A Keurig coffee maker manual includes a picture of the machine and instructions for cleaning it. On a trailing twelve-month basis versus the pre-pandemic Q1 2019 period, at-home pod shipments grew 22.8%, representing a mid-single digit compound annual growth rate (CAGR). We are under no obligation to update, modify or withdraw any forward-looking statements, except as required by applicable law. Individuals can find, search, or browse across 900+ occupations based on their goals and needs. You can view those reports here. Over-brewing your espresso will result in water that has the consistency of tar. There is concern that 3TG, often referred to as conflict minerals, could originate from certain mines in the Democratic Republic of the Congo which are controlled by armed militias who use the proceeds from the sale of these minerals to fund ongoing conflict in the region. Diluted earnings per common share may not foot due to rounding. and FRISCO, Texas, April 27, 2023 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the first quarter ended March 31, 2023 and reaffirmed its guidance for full year constant currency net sales growth of 5% and Adjusted diluted EPS growth of 6% to 7%. questo messaggio, invia un'email all'indirizzo For more information, visit www.keurigdrpepper.com. Download Keurig Dr Peppers 2019 Conflict Minerals Report. To maximize the effectiveness of your brewer, always ensure that you put the proper amount of coffee in the filter holder. GAAP operating income for the quarter decreased 39.5% to $584 million, compared to $966 million in the year-ago period, primarily reflecting the unfavorable year-over-year impact of items affecting comparability, including the gain on the Body Armor litigation settlement in 2022, as well as the comparison to year-ago benefits related to the Company's strategic asset investment program, a change in accounting for non-cash stock compensation expense and a recovery of legal fees, which collectively represented an $88 million unfavorable impact in the quarter. Before using your new Keurig coffee maker, be sure to fill it with water. Employees 27,500. If you continue to see this Please refer to user guide or user manual or user guide (provided below in PDF) before first use, 1,400 Watts, 120 VAC, Easily drains for transport and storage, In addition, this brewer cannot be plumbed to a water line. BURLINGTON, Mass., and PLANO, Texas Keurig Dr Pepper (KDP) is finding innovative ways to meet rising demand and is taking care of its employees and community during the coronavirus pandemic, according to a letter from Chairman and CEO Robert Gamgort. Though the at-home coffee category is still cycling through mobility-related changes relative to last year, single serve continues to gain volume share of the U.S. category. Download Political Engagement Approach Job Opening: Truck Driver Class A CDL We are sorry for the inconvenience. Additionally, management believes that non-GAAP financial measures are frequently used by analysts and investors in their evaluation of companies, and their continued inclusion provides consistency in financial reporting and enables analysts and investors to perform meaningful comparisons of past, present and future operating results. U.S. CoffeeNet sales for the first quarter decreased 1.3% to $931 million, compared to $943 million in the year-ago period. U.S. CoffeeNet sales for the first quarter decreased 1.3% to $931 million, compared to $943 million in the year-ago period. Driving the consolidated net sales growth was favorable net price realization of 9.9%, only slightly offset by lower volume/mix of 1.0%, reflecting the strength of the Company's brand portfolio and continued modest elasticities across most categories. Our results were led by strong revenue growth, supported by successful innovation, increased marketing and modest brand elasticities. Keurig Dr Pepper Company Profile - Office Locations - Craft Download Keurig Dr Peppers Supplier Code of Conduct (SPANISH) Download 2021 Equal Employment Opportunity Employer Information Report (EEO-1). Liquid Refreshment Beverages (LRB) category remained strong, with retail dollar consumption2advancing 13.6% and KDP growing market share in categories representing approximately 88% of its cold beverage retail sales base. This performance reflected higher net price realization of 5.3%, more than offset by a 6.6% decline in volume/mix. InternationalNet sales for the first quarter increased 17.2% to $415 million, compared to $354 million in the year-ago period and, on a constant currency basis, net sales advanced 16.7%. Additionally, management believes that non-GAAP financial measures are frequently used by analysts and investors in their evaluation of companies, and their continued inclusion provides consistency in financial reporting and enables analysts and investors to perform meaningful comparisons of past, present and future operating results. Keurig Dr Pepper "health insurance" Reviews | Glassdoor Keurig Dr Pepper is committed to sourcing, producing and distributing our beverages responsibly, while making a positive impact on our consumers, customers, communities, employees and various other stakeholders. For each period, management adjusts for (i) the unrealized mark-to-market impact of derivative instruments not designated as hedges in accordance with U.S. GAAP that do not have an offsetting risk reflected within the financial results, as well as the unrealized mark-to-market impact of our Vita Coco investment; (ii) the amortization associated with definite-lived intangible assets; (iii) the amortization of the deferred financing costs associated with the DPS Merger; (iv) the amortization of the fair value adjustment of the senior unsecured notes obtained as a result of the DPS Merger; (v) stock compensation expense and the associated windfall tax benefit attributable to the matching awards made to employees who made an initial investment in KDP; (vi) non-cash changes in deferred tax liabilities related to goodwill and other intangible assets as a result of tax rate or apportionment changes; and (vii) other certain items that are excluded for comparison purposes to prior year periods. Please help us protect Glassdoor by verifying that you're a Download Keurig Dr Peppers Supplier Code of Conduct (CHINESE). para nos informar sobre o problema. per informarci del problema. At Keurig Dr Pepper, we stand against intolerance and inequality in any form, and we are committed to maintaining a safe and inclusive workplace that is free from discrimination and where employee actions are consistent with our standards and values. As of April 24, 2023, the average one-year price target for Keurig Dr Pepper is 40.51. 60% of employees at Keurig Dr Pepper are White. Keurig Dr Pepper Updates Employee Pandemic Policies - CSP Daily News This is especially helpful for people who are unfamiliar with the Keurig brand. Constant currency adjusted: Defined as certain financial statement captions and metrics adjusted for certain items affecting comparability, calculated on a constant currency basis by converting our current period local currency financial results using the prior period foreign currency exchange rates. On a constant currency basis, KDP continues to expect net sales growth of 5% and Adjusted diluted EPS growth of 6% to 7% in 2023, with foreign currency translation expected to be an approximate one half of one percentage point headwind to both metrics. In addition to the requirements in our Supplier Code of Conduct, and in light of the Companys awareness of the Brazilian Ministry of Labor and Employments Dirty List, which publishes the names of Brazilian estates found to be profiting from conditions of forced labor, KDP has created a Brazilian Coffee Purchasing Policy. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. Please help us protect Glassdoor by verifying that you're a The most directly comparable GAAP financial measures and reconciliations to non-GAAP financial measures are set forth in the appendix to this release and included in the Company's filings with the SEC. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. You can find our lobbying disclosure filings on the governments Lobbying Disclosure website. KDP intends to meet this commitment through investments that support outcomes on coffee, corn, and apple-growing farmland, and by investing in conservation in our supply chain communities where these key ingredients are grown. pour nous faire part du problme. Brew Sizes, Black, Keurig K-Elite Coffee Maker, Single Serve K-Cup Pod Coffee Brewer, With Iced Coffee Capability, Brushed Slate, Keurig K-Classic Coffee Maker K-Cup Pod, Single Serve, Programmable, 6 to 10 oz. and FRISCO, Texas, April 27, 2023 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the first quarter ended March 31, 2023 and reaffirmed its guidance for full year constant currency net sales growth of 5% and Adjusted diluted EPS growth of 6% to 7%.