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. Tax impact is determined based upon an approximate rate for each item. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Keurig Dr Pepper Benefit Center. Company YBR Benefits Center Phone Number: 1-866-602-3774. para nos informar sobre o problema. Employee Benefits May Include the following: Download Political Contributions Policy 19% of Keurig Dr Pepper employees are Hispanic or Latino. If you continue to see this Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail As of April 24, 2023, the average one-year price target for Keurig Dr Pepper is 40.51. 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. KEURIG DR PEPPER INC.RECONCILIATION OF CERTAIN NON-GAAP INFORMATION(UNAUDITED). GAAP operating income increased a strong 25.0% to $80 million, compared to $64 million in the year-ago period, largely reflecting the benefits of the double-digit increase in net sales and productivity, as well as items affecting comparability, partially offset by broad-based inflationary pressure. Share. For the first quarter of 2023 and 2022, there were no certain items excluded for comparison to prior year periods. KDP expects all relevant coffee suppliers, and their upstream supply sources, to become familiar with, and comply with, the policy. 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. Investor Contacts:Jane GelfandT: 888-340-5287 / [emailprotected], Chethan MallelaT: 646-620-8761 / [emailprotected], Media Contact:Katie GilroyT: 781-418-3345 / [emailprotected]. For the first quarter of 2023, the other certain items excluded for comparison purposes include productivity expenses. message, contactez-nous l'adresse Select the largest brew size. Depending on the size of your mug, you can make as many or as few cups as youd like. We will share progress toward this goal annually in our Corporate Responsibility Report and also welcome feedback at sustainabilityservices@kdrp.com. Download Keurig Dr Peppers 2019 Conflict Minerals Report. Keurig Dr Pepper has outlined our commitments in the following policies that can be downloaded below: Download Keurig Dr Peppers Environmental Policy Download Political Engagement Approach You should read the instructions carefully to learn how to use your Keurig coffee maker. The Company's Drink Well. Non-GAAP financial measures typically exclude certain charges, including one-time costs that are not expected to occur routinely in future periods. to let us know you're having trouble. 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. Do Good. 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. This performance reflected higher net price realization of 5.3%, more than offset by a 6.6% decline in volume/mix. 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. Save my name, email, and website in this browser for the next time I comment. Best . ein Mensch und keine Maschine sind. In the future we will continue to add more Keurig instructions manual on the market for all of you. Keurig Dr Pepper is committed to high standards of social and environmental responsibility and ethical conduct. Aydanos a proteger Glassdoor y demustranos que eres una persona real. 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. This statement sets out the steps taken by KDPbetween 2020 and 2023to prevent, identify and address human rights and modern slavery risks in our operations and supply chains. Data Collection Program U.S. Department of Labor Related Sites. Download Keurig Dr Pepper's Climate Policy, Regenerative Agriculture and Conservation. para nos informar sobre o problema. U.S. CoffeeNet sales for the first quarter decreased 1.3% to $931 million, compared to $943 million in the year-ago period. you are confused about what to do, you can check the complete manual for your Keurig coffee machine here. Session. A plurality of of employees at Keurig Dr Pepper earn $25k-40k. pour nous faire part du problme. Si vous continuez voir ce 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. It may not be complete. The most common ethnicity at Keurig Dr Pepper is White (60%). scusiamo se questo pu causarti degli inconvenienti. Aydanos a proteger Glassdoor y demustranos que eres una persona real. Share. Als u dit bericht blijft zien, stuur dan een e-mail Current and former employees report that Keurig Dr Pepper provides the following benefits. . These non-GAAP financial measures should be considered as supplements to the GAAP reported measures, should not be considered replacements for, or superior to, the GAAP measures and may not be comparable to similarly named measures used by other companies. Join the Keurig Dr Pepper team See Our Latest Jobs 1.0 Current Employee, less than 1 year Place is trash. Keurig Dr Pepper Inc. (KDP) is committed to doing business the right way and to its responsibility to protect human rights. BURLINGTON, Mass. . Current Team Members: At Keurig Dr Pepper, we're building on our rich heritage to create the beverage company of the future. Caso continue recebendo esta mensagem, The forecasts range from a low of 30.30 to a high of $47.25. Free cash flow for the first quarter was $16 million, reflecting lower operating cash flow and higher capital expenditures. Once you have the instructions, all you need to do is insert your K-cup. Se continui a visualizzare Session. para informarnos de que tienes problemas. Be the first to like Keurig Dr Pepper Photos Expert Career Advice Climb the Ladder With These Proven Promotion Tips Argentina Australia pour nous faire part du problme. Keurig Dr Pepper Inc., formerly Green Mountain Coffee Roasters (1981-2014) and Keurig Green Mountain (2014-2018), is a publicly traded American beverage and coffeemaker conglomerate with headquarters in Burlington, Massachusetts. The employee data is based on information from people who have self-reported their past or current employments at Keurig Dr Pepper. Onze We consider it our duty and responsibility to support this commitment through our efforts to engage in the political process and the development of public policy. 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. Onze Excluding items affecting comparability, Adjusted operating income increased 18.3% to $84 million and, on a percent of net sales basis, totaled 20.2%. Equal Employment Opportunity Commission (our EEO-1 report). Keurig Mini VS Mini Plus Which One The Best? Download Keurig Dr Peppers Brazilian Coffee Purchasing Policy. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie 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. Merchandiser for Greater Bowling Green, KY . Wait until the heating sound stops. Download Keurig Dr Peppers Supplier Code of Conduct (FRENCH) 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. At-home coffee consumption in the quarter continued to normalize post the pandemic. 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. Required fields are marked *. The most common certification among Keurig Dr Pepper employees is commercial driver license. For more information, visit www.keurigdrpepper.com. Individuals can find, search, or browse across 900+ occupations based on their goals and needs. Weekdays 7 a.m. to 5 p.m. Central Time. 2023 GuidanceThe 2023 guidance provided below is presented on a constant currency, non-GAAP basis. Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares. To begin using your new Keurig coffee maker, you must first read the instructions for your specific model. Insurance, Health & Wellness Financial & Retirement Family & Parenting Vacation & Time Off Perks & Discounts Professional Support Insurance, Health & Wellness Health Insurance 2.8 FITS ANYWHERE: Less than 5 inches wide, perfect for small spaces, WHAT'S IN THE BOX: 1 water filter handle, and 1 filter to help ensure your beverages taste their absolute best. Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $14.1 billion and nearly 28,000 employees. 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. Keurig Dr Pepper employees are most likely to be members of the republican party. You can find our lobbying disclosure filings on the governments Lobbying Disclosure website. Driving this exceptional performance was strong traction from recent innovation, most notably Dr Pepper Strawberries & Cream, and effective in-market execution, as well as the contribution from our recently announced sales and distribution partnership for C4 Energy. Nous sommes dsols pour la gne occasionne. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Comprehensive reports include occupation requirements, worker characteristics, and available training, education, and job . Items affecting comparability: Defined as certain items that are excluded for comparison to prior year periods, adjusted for the tax impact as applicable. U.S. Refreshment BeveragesNet sales for the first quarter increased 12.7% to $2.01 billion, compared to $1.78 billion in the year-ago period, reflecting favorable net price realization of 12.5% and a 0.2% increase in volume/mix. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Excluding items affecting comparability, Adjusted operating income increased 11.6% to $508 million and, on a percent of net sales basis, totaled 25.3%. Brewer shipments totaled 10.2 million for the twelve months ending March 31, 2023, representing a 9.8% decline year-over-year. 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. On a percent of net sales basis, Adjusted operating income was 20.8%. . The average employee at Keurig Dr Pepper makes $42,406 per year. It operates through the following segments: Coffee Systems, . Si continas recibiendo este mensaje, infrmanos del problema On average, employees at Keurig Dr Pepper stay with the company for 4.5 years. Download Keurig Dr Pepper's Modern Slavery Statement. Zippia gives an in-depth look into the details of Keurig Dr Pepper, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Keurig Dr Pepper. 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. The most common age range of Keurig Dr Pepper employees is 20-30 years. Individuals can find, search, or browse across 900+ occupations based on their goals and needs. At Keurig Dr Pepper, we stand against intolerance and inequality in any form, and we are committed to maintaining a safe and inclusive workplace that is free from discrimination and where employee actions are consistent with our standards and values. 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. 86% of retail CFD accounts lose money. FORWARD LOOKING STATEMENTSCertain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. 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. Beginning Monday, September 7th, ePayPlus will use Keurig Dr Pepper's Okta system as your login to this site. The U.S. Refreshment Beverages and International segments exhibited standout performance and, as expected, U.S. Coffee had a slower start to the year. It also provides single serve brewing systems. O*NET OnLine provides detailed descriptions of the world-of-work for use by job seekers, workforce development and HR professionals, students, developers, researchers, and more. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie COFFEE, LATTES & CAPPUCCINOS: Use any K-Cup pod to brew coffee, or make delicious lattes and cappuccinos. Lamentamos Check this Keurig K-Mini Coffee maker video | Best coffee maker under $100?
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