Monster Beverage posts higher Q1 revenue on resilient demand, easing costs [Yahoo! Finance]
Keurig Dr Pepper Inc. (KDP)
Last keurig dr pepper inc. earnings: 4/27 04:10 pm
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Source: Yahoo! Finance
Demand for the company's energy drinks, including Monster Energy and Tour Water, held as inflation-weary customers stretched their budgets to spend on at-home meals and beverages. Last month, peer Keurig Dr Pepper and larger peer Coca-Cola also reported an upswing in consumer demand for their beverages. For the three months ended March 31, the company posted net sales of $1.90 billion, in line with market expectations. Price hikes undertaken by Monster Ultra maker over the past quarters helped it shield margins from rising costs of aluminum and sugar. Gross profit as a percentage of net sales for the first quarter was 54.1% compared with 52.8% in the prior year, bolstered by lower input costs. (Reporting by Anuja Bharat Mistry and Aatrayee Chatterjee in Bengaluru; Editing by Tasim Zahid)
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KDP
Earnings
- 4/25/24 - Beat
KDP
Sec Filings
- 5/15/24 - Form 8-K
- 5/14/24 - Form PX14A6G
- 5/2/24 - Form 4
- KDP's page on the SEC website