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Story summary
- Keurig Dr Pepper reported first-quarter sales rose 9.4% while profit fell because of higher costs.
- Double-digit growth in U.S. beverage sales, driven by higher volumes and prices, lifted overall revenue.
- Strong cold-beverage brands such as 7UP and the K-Cup coffee pod line contributed to the sales increase.
- U.S. coffee sales declined in volume and mix, offsetting price gains and compressing profit margins.
