Keurig Dr Pepper Soft Drink Sales Take Off, But Coffee Costs Limit Gains
1. KDP beat profit and sales estimates amid strong U.S. beverage demand. 2. Coffee revenue declined due to rising green coffee costs. 3. U.S. Refreshment Beverage sales surged by 11% to $2.3 billion. 4. Adjusted EPS for Q1 was $0.42, exceeding estimates. 5. New independent directors appointed; leadership changes announced.