The U.S. Refreshment Beverages and International segments exhibited standout performance and, as expected, U.S. Coffee had a slower start to the year. Company Delivers Continued Strong Net Sales Momentum, led by U.S. Refreshment Beverages. para informarnos de que tienes problemas. verdade. Do Not Sell or Share My Personal Information. There are many benefits to owning a keurig coffee maker. Be sure to use clean water. 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%. RECONCILIATION OF CERTAIN FINANCIAL MEASURES BY SEGMENT TO CONSTANT CURRENCY, RECONCILIATION OF ADJUSTED EBITDA AND MANAGEMENT LEVERAGE RATIO, ADJUSTED EBITDA RECONCILIATION - LAST TWELVE MONTHS, Total principal amounts less cash and cash equivalents, RECONCILIATION OF ADJUSTED EBITDA - LAST TWELVE MONTHS, Impairment on investments and note receivable, KEURIG DR PEPPER INC.RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW(UNAUDITED). Keurig Dr Pepper recognizes that our business depends upon environmental resources. Tamar C. posted on LinkedIn pour nous faire part du problme. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially. naar 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. For the first quarter ended March 31, 2022 and 2021, the supplemental financial data set forth below includes reconciliations of adjusted and constant currency adjusted financial measures to the applicable financial measure presented in the unaudited condensed consolidated financial statements for the same period. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Se continui a visualizzare Job Opening: Truck Driver CLASS A 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. The Company does not provide reconciliations of such forward-looking non-GAAP measures to GAAP measures, due to the inability to predict the amount and timing of impacts outside of the Company's control on certain items, such as non-cash gains or losses resulting from mark-to-market adjustments of derivative instruments, among others. Please check list below for complete instruction or for Keurig owners manual. Nous sommes dsols pour la gne occasionne. On average, employees at Keurig Dr Pepper stay with the company for 4.5 years. Project implementation partners should request the Excel version for tracking progress. Apply for this job . Weighted average common shares outstanding: Prepaid expenses and other current assets, Short-term borrowings and current portion of long-term obligations, Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares. 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. U.S. retail dollar consumption2 of KDP Manufactured pods decreased 0.5% in IRi tracked channels in the quarter, while KDP Manufactured share remained healthy at approximately 81%. About Keurig Dr Pepper Keurig Dr Pepper (KDP) is a leading beverage company in North America , with annual revenue of more than $14 billion and approximately 28,000 employees. 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. localhost. las molestias. Brews multiple k-cup pod sizes: (6, 8, 10 ounce) the most popular k-cup pod brew sizes. Share. 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. The performance reflected strength in CSDs3, seltzers, coconut waters, energy, apple juice and fruit drinks and was driven by Dr Pepper, Canada Dry, A&W, Sunkist, Squirt and Crush CSDs, as well as Polar seltzers, Vita Coco, C4 Energy, Mott's and Hawaiian Punch. Hi There Welcome to coffeereliever.com, now we have completed of user guide and manual instruction for you that love Keurig coffee brewer models. Download Political Engagement Approach Selling, general and administrative expenses, Impairment of investments and note receivable, Net income including non-controlling interest, Less: Net loss attributable to non-controlling interest. RECONCILIATION OF CERTAIN NON-GAAP INFORMATION. To the extent that the Company provides guidance, it does so only on a non-GAAP basis and does not provide reconciliations of such forward-looking non-GAAP measures to GAAP due to the inability to predict the amount and timing of impacts outside of the Company's control on certain items, such as non-cash gains or losses resulting from mark-to-market adjustments of derivative instruments, among others. It is also recommended to read the owners manual closely before making any changes to the machine. On a percent of net sales basis, Adjusted operating income was 20.8%. This cookie pattern is used to identify the user in the browsed store, for associating the user with the cart content. Exhibit - SEC 2023 GuidanceThe 2023 guidance provided below is presented on a constant currency, non-GAAP basis. Specifically, investors should consider the following with respect to our financial results: Adjusted: Defined as certain financial statement captions and metrics adjusted for certain items affecting comparability. 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. 86% of retail CFD accounts lose money. Required fields are marked *. The company reports its financial results in accordance with U.S. GAAP. Job Opening: Maintenance Mechanic Keurig Dr Pepper Number of Employees, Statistics, Diversity - Zippia The most common ethnicity at Keurig Dr Pepper is White (60%). Company Delivers Continued Strong Net Sales Momentum, led by U.S. Refreshment Beverages. I work for Keurig Dr Pepper in Dayton, and the company target certain employees to get them out of the warehouse, the union tells us to shut the f up to our faces, we can't speak up against the . NON-GAAP FINANCIAL MEASURESThis release includes certain non-GAAP financial measures including Adjusted gross profit, Adjusted operating income, Adjusted net income, Adjusted diluted EPS, free cash flow and financial measures presented on a constant currency basis, which differ from results using U.S. Generally Accepted Accounting Principles (GAAP). Data Collection Program U.S. Department of Labor Related Sites. View original content to download multimedia:https://www.prnewswire.com/news-releases/keurig-dr-pepper-reports-q1-2023-results-and-reaffirms-guidance-for-2023-301808948.html, Plus500. Current Team Members: At Keurig Dr Pepper, we're building on our rich heritage to create the beverage company of the future. Non-GAAP financial measures typically exclude certain charges, including one-time costs that are not expected to occur routinely in future periods. Join the Keurig Dr Pepper team See Our Latest Jobs 5.0 Current Employee, more than 5 years Great Place to Work Mar 25, 2023 - Vice President Recommend CEO Approval Business Outlook Pros First and foremost, I've found the Team First attitude up, down, and across the organization to be very welcoming and infectious within the teams. Also impacting the performance was continued broad-based inflationary pressure and a net $32 million year-over-year headwind from the Company's strategic asset investment program, partially offset by the strong net sales growth and productivity. 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. NON-GAAP FINANCIAL MEASURESThis release includes certain non-GAAP financial measures including Adjusted gross profit, Adjusted operating income, Adjusted net income, Adjusted diluted EPS, free cash flow and financial measures presented on a constant currency basis, which differ from results using U.S. Generally Accepted Accounting Principles (GAAP). GAAP operating income decreased 30.4% to $490 million, compared to $704 million in the year-ago period, largely reflecting the unfavorable year-over-year impact of items affecting comparability, including the gain on the Body Armor litigation settlement in 2022. Beginning Monday, September 7th, ePayPlus will use Keurig Dr Pepper's Okta system as your login to this site. The Company has approximately $3.4 billion remaining under its share repurchase authorization expiring on December 31, 2025. The employee will move to a higher rate of $27.09 per hour . Download Keurig Dr Peppers Supplier Code of Conduct (ENGLISH) Excluding items affecting comparability, Adjusted net income for the quarter advanced 0.6% to $479 million, and Adjusted diluted EPS increased 3.0% to $0.34. For more information, visit www.keurigdrpepper.com. Keurig Dr Pepper ranked seven out of 46 companies in the food & beverage industry, up from #17 in 2022, and is one of only 700 U.S. companies recognized for its consumer, employee and investor trust. naar Job Opening: Truck Driver CDL A Local Company Keurig Dr Pepper Location Harlingen, TX Posted on April 27, 2023. A plurality of employees at Keurig Dr Pepper stay for less than 1 year. Join the Keurig Dr Pepper team See Our Latest Jobs 1.0 Former Employee Run Mar 21, 2023 - Delivery Driver in Irving, TX Recommend CEO Approval Business Outlook Pros Mangers are friendly nothing bad to say about them at all. Keurig Dr Pepper Company Profile | Management and Employees List - Datanyze Download Keurig Dr Peppers 2019 Conflict Minerals Report. As of April 24, 2023, the average one-year price target for Keurig Dr Pepper is 40.51. Military Education Occupation Handbook SOC DOT RAPIDS ESCO. The average price target represents an increase . In the future we will continue to add more Keurig instructions manual on the market for all of you. GAAP operating income decreased 30.4% to $490 million, compared to $704 million in the year-ago period, largely reflecting the unfavorable year-over-year impact of items affecting comparability, including the gain on the Body Armor litigation settlement in 2022. Keurig Dr Pepper has outlined our commitments in the following policies that can be downloaded below: Download Keurig Dr Peppers Environmental Policy Si continas recibiendo este mensaje, infrmanos del problema Job Opening: Warehouse Picker Order Selector Caso continue recebendo esta mensagem, Our estimates are verified against BLS, Census, and current job openings data for accuracy. ein Mensch und keine Maschine sind. message, contactez-nous l'adresse The Company uses non-GAAP financial measures internally to focus management on performance excluding these special charges to gauge our business operating performance. 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. KDP Company Store Refer to page A-8for reconciliations of reported net sales to constant currency net sales and adjusted income from operations to constant currency adjusted income from operations. The performance reflected strength in CSDs3, seltzers, coconut waters, energy, apple juice and fruit drinks and was driven by Dr Pepper, Canada Dry, A&W, Sunkist, Squirt and Crush CSDs, as well as Polar seltzers, Vita Coco, C4 Energy, Mott's and Hawaiian Punch. We are committed to sourcing products, components and materials from companies that share our values regarding respect for human rights, ethics and environmental responsibility. Facebook Twitter . to let us know you're having trouble. 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Excluding items affecting comparability, Adjusted operating income increased 18.3% to $84 million and, on a percent of net sales basis, totaled 20.2%. Cons No objective cons, but the job just wasn't the right fit for me. Join our strong, committed team of nearly 26,000 employees primarily in North America who deliver outstanding results every day across Marketing, Sales, Distribution, Manufacturing, Engineering, Research and Development, and more. Merchandiser for Greater Bowling Green, KY . The most common certification among Keurig Dr Pepper employees is commercial driver license. Join the Keurig Dr Pepper team See Our Latest Jobs 5.0 Current Temporary Employee Had a great experienc! Aydanos a proteger Glassdoor y demustranos que eres una persona real. Barclays Maintains Keurig Dr Pepper (KDP) Overweight Recommendation It may not be complete. If you are a coffee connoisseur and connoisseur and also have a Keurig Coffee Machine, then the problem comes to your beloved coffee machine. The Company's Drink Well. Over-brewing your espresso will result in water that has the consistency of tar. real person. Also impacting the comparison was growth in GAAP gross profit, as continued broad-based inflation was more than offset by the strong net sales performance and higher productivity. The data presented on this page does not represent the view of Keurig Dr Pepper and its employees or that of Zippia. Keurig Dr Pepper insights Based on 2,372 survey responses What people like Feeling of personal appreciation Clear sense of purpose Ability to meet personal goals Areas for improvement Trust in colleagues Sense of belonging Support from manager Work at own pace Delivery Driver (Former Employee) - Flint, MI - March 1, 2023 Ok place to work. To begin using your new Keurig coffee maker, you must first read the instructions for your specific model. Wedbush Maintains Keurig Dr Pepper (KDP) Outperform Recommendation Keurig B30-Owner Owners Manual / Instructional User Guide, Keurig B31-Mini-Plus-Owner-Manual Owners Manual / Instructional User Guide, Keurig K40-K45-Elite-Owners-Manual-Instruction-Guide, Keurig Model B44 Brewer Owners Manual / Instructional User Guide, Keurig Model B77 Brewer Owners Manual / Instructional User Guide, Keurig 2.0 K350 Owners Manual / Instructional User Guideuide, Keurig 2.0 K450 Owners Manual / Instructional User Guide, Keurig-B50-Owner-Manual-Instructions-User-Guide. Published by M. Ridder , Jan 13, 2022. The company reports its financial results in accordance with U.S. GAAP. 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. Also impacting the performance was continued broad-based inflationary pressure and a net $32 million year-over-year headwind from the Company's strategic asset investment program, partially offset by the strong net sales growth and productivity. Only 7% of Keurig Dr Pepper employees stay at the company for 8-10 years. Job Opening: Truck Driver Class A CDL Company Keurig Dr Pepper Location Prestonsburg, KY Posted on May 2, 2023. . Our Stories Learn more about how Keurig Dr Pepper is shaping the future of beverage possibilities Read More RECENT NEWS Apr 27, 2023 Keurig Dr Pepper Reports Q1 2023 Results and Reaffirms Guidance for 2023 Visit: https://www.benefitsaccountmanager.com/www-ybr-com-dpsg/ to View or access the FREE GUIDE on how & where to go to manage (login / register / enroll) y. los inconvenientes que esto te pueda causar. None of the information on this page has been provided or approved by Keurig Dr Pepper. 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). from 8 AM - 9 PM ET. Commenting on the announcement, Chairman and CEO Bob Gamgort stated, "Our overall performance in the quarter demonstrated the resilience of KDP as we delivered on our commitments in a dynamic macro environment. Keurig Dr Pepper insights Based on 2,348 survey responses Areas for improvement Sense of belonging Trust in colleagues Support from manager Have the potential to be a great company, unfortunately, the environment prevents that from happening. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Do Good. real person. U.S. CoffeeNet sales for the first quarter decreased 1.3% to $931 million, compared to $943 million in the year-ago period. For the first quarter of 2022, the other certain items excluded for comparison purposes include (i) restructuring and integration expenses related to significant business combinations; (ii) productivity expenses; (iii) costs related to significant non-routine legal matters, specifically the antitrust litigation; (iv) the loss on early extinguishment of debt related to the redemption of debt; (v) incremental costs to our operations related to risks associated with the COVID-19 pandemic, which were incurred to either maintain the health and safety of our front-line employees or temporarily increase compensation to such employees to ensure essential operations continue during the pandemic; (vi) the gain on the sale of our investment in BodyArmor as a result of the settlement of the associated holdback liability; (vii) the gain on the settlement of our prior litigation with BodyArmor, excluding recoveries of previously incurred litigation expenses which were included in our adjusted results; and (viii) losses recognized with respect to our equity method investment in Bedford as a result of funding our share of their wind-down costs. The average employee at Keurig Dr Pepper makes $42,406 per year. 19% of Keurig Dr Pepper employees are female. Once you have the instructions, all you need to do is insert your K-cup. About Keurig Dr PepperKeurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. Keurig Mini VS Mini Plus Which One The Best? 2023 GuidanceThe 2023 guidance provided below is presented on a constant currency, non-GAAP basis. We are under no obligation to update, modify or withdraw any forward-looking statements, except as required by applicable law. localhost. 19% of Keurig Dr Pepper employees are Hispanic or Latino. Total at-home coffee category trends continued to be impacted in the quarter by greater consumer mobility versus the prior year, with the single serve pod segment gaining volume share of the category. We are sorry for the inconvenience. Keurig Dr Pepper Inc. (KDP) is committed to doing business the right way and to its responsibility to protect human rights. an. Common stock, $0.01 par value, 2,000,000,000 shares authorized, Total liabilities and stockholders' equity. Management believes this information is helpful to investors because it increases transparency and assists investors in understanding the underlying performance of the Company and in the analysis of ongoing operating trends. Military Education Occupation Handbook SOC DOT RAPIDS ESCO. Keurig Dr Pepper employees are most likely to be members of the republican party. Adjustments to reconcile net income to net cash provided by operating activities: Employee stock-based compensation expense, Gain on disposal of property, plant and equipment, Equity in (earnings) loss of unconsolidated affiliates, Impairment on investments and note receivable of unconsolidated affiliates, Income taxes receivable and payables, net, Other current and non-current liabilities, Net change in operating assets and liabilities, Net cash provided by operating activities, Proceeds from sale of investment in unconsolidated affiliates, Purchases of property, plant and equipment, Proceeds from sales of property, plant and equipment, Issuance of related party note receivable, Net cash (used in) provided by investing activities, Proceeds from issuance of commercial paper, Tax withholdings related to net share settlements. About Keurig Dr PepperKeurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. Download Keurig Dr Pepper's Modern Slavery Statement. 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. Keurig Dr Pepper | KDP Stock Price, Company Overview & News - Forbes Adjustments to reconcile net income to net cash provided by operating activities: Employee stock-based compensation expense, Gain on disposal of property, plant and equipment, Equity in (earnings) loss of unconsolidated affiliates, Impairment on investments and note receivable of unconsolidated affiliates, Income taxes receivable and payables, net, Other current and non-current liabilities, Net change in operating assets and liabilities, Net cash provided by operating activities, Proceeds from sale of investment in unconsolidated affiliates, Purchases of property, plant and equipment, Proceeds from sales of property, plant and equipment, Issuance of related party note receivable, Net cash (used in) provided by investing activities, Proceeds from issuance of commercial paper, Tax withholdings related to net share settlements. corporate responsibility platform is focused on the greatest opportunities for impact in the environment, its supply chain, the health and well-being of consumers and with its people and communities. Weekdays 7 a.m. to 5 p.m. Central Time. This strong and balanced performance was driven by higher net price realization of 9.0% and volume/mix growth of 7.7%, and reflected strength in Peafiel and growth in K-Cup Pods in Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig, Dr Pepper, Canada Dry, Clamato, CORE, Green Mountain Coffee Roasters, Mott's, Snapple, and The Original Donut Shop. Employees 27,500. To maximize the effectiveness of your brewer, always ensure that you put the proper amount of coffee in the filter holder. For the first quarter of 2023 and 2022, there were no certain items excluded for comparison to prior year periods. If you continue to see this This performance reflected the unfavorable year-over-year impact of items affecting comparability and the decline in Adjusted operating income, partially offset by the benefits of Nutrabolt equity method earnings, a lower effective tax rate and lower diluted shares outstanding. 81% of Keurig Dr Pepper employees are male and 19% of Keurig Dr Pepper employees are female. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. ein Mensch und keine Maschine sind. Welcome to Keurig Dr Pepper - a leading producer and distributor of hot and cold beverages to satisfy every consumer need, anytime and anywhere. . The instructions will walk you through the process step-by-step. Dr Pepper Football Vertical Banner As Low As $17.25; Dr Pepper Football Bar Kit As Low As $110.00; Football Pub Table As Low As $191.00; Dr Pepper Football Cornhole Set As Low As $188.00; 9" Fabric Football As Low As $9.75; 6" Fabric Football As Low As $5.50; Dr Pepper Football Free Standing Display As Low As $142.00; Dr Pepper Football . 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%. Tax impact is determined based upon an approximate rate for each item. 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. Equal Employment Opportunity Commission (our EEO-1 report). Individuals can find, search, or browse across 900+ occupations based on their goals and needs. Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares. Keurig Dr Pepper Company Profile - Office Locations - Craft Unlike a traditional coffee maker, which typically yields 8-12 cups, this machine produces a single cup of espresso. Diluted earnings per common share may not foot due to rounding. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de enva un correo electrnico a This Code defines the universal standards that we require our suppliers to adhere to when conducting business with KDP.