Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations.
The company's U.S. coffee division struggled, while its domestic refreshment division saw higher sales, thanks to price increases.reported quarterly earnings and revenue that met analysts' expectations on Thursday as higher prices fueled its U.S. soda sales.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Revenue: $3.
Keurig Dr Pepper's U.S. refreshment beverages division, which includes Snapple, Canada Dry and Sunkist, reported sales growth of 3.3%. Prices for its drinks were up 2.9% compared with the year-ago period., according to Beverage Digest.
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