Keurig Dr Pepper rises on sales forecast lift, $7 billion funding for JDE Peet's deal

Keurig Dr Pepper

27/10/2025 13:48

Updates

** Shares of beverage company Keurig Dr Pepper  up about 5% at $28.56

** Co raises annual sales forecast, betting on resilient demand for its energy drinks and carbonated soft beverages in the U.S., as well as international markets

** Expects fiscal 2025 constant currency net sales growth in high-single-digit range vs mid-single-digit growth outlook previously

** Secures about $7 billion investment from PE giants KKR  and Apollo Global  to finance its purchase of Dutch coffee giant JDE Peet's

** KDP reports Q3 revenue above estimates and adjusted EPS in line with expectations

** As of last close, KDP down 15.4% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))