Keurig Dr Pepper reported first-quarter revenue and earnings that exceeded analyst projections. Strong performance in cold drinks and international markets helped offset a downturn in the coffee segment.
- Q1 revenue of $3.98 billion topped analyst averages
- Adjusted EPS exceeded market projections
- Cold beverage sales provided primary growth engine
- International market expansion offset domestic coffee declines
- Diversified portfolio mitigated segment-specific weakness
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