BURLINGTON, Mass. and FRISCO, Texas, March 13, 2024 – Keurig Dr Pepper (NASDAQ: KDP) today announced a roadmap of innovation rooted in meeting the evolving needs of coffee-lovers and delivering against key product attributes including variety, quality, value and sustainability (see also: “Keurig® Reimagines Single Serve Coffee with the Unveil of its Next-Generation Coffee and Brewer Innovation”). The Company’s near-term vision includes the following Keurig® brewer and K-Cup® pod offerings:
Patrick Minogue, President, U.S. Coffee, commented: “Keurig pioneered the single cup coffee category in North America by putting the consumer first and bringing exceptional coffee shop experiences into millions of homes. Our commitment to innovation and choice, including offering the broadest portfolio of coffee brands and revolutionary brewer systems designed to satisfy a wide range of coffee preferences, will continue to propel our future growth. As consumers prioritize more personalized, sustainable and accessible coffee experiences, Keurig is proud to introduce the K-Cup pod system innovation plan – designed for any countertop, drink preference and budget.”
Keurig previewed its new K-Brew + Chill brewer in an unveiling video. Consumers are invited to visit https://www.keurig.com/k-brew-chill to learn more.
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. KDP holds leadership positions in liquid refreshment beverages, including soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company’s portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Canada Dry®, Clamato®, CORE®, Green Mountain Coffee Roasters®, Mott's®, Snapple®, and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company’s Drink Well. Do Good. 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. For more information, visit www.keurigdrpepper.com.
Forward-Looking Statements
Certain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. These forward-looking statements can generally be identified by the use of words such as "outlook," "guidance," "anticipate," "expect," "believe," "could," "estimate," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would," and similar words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially.
Forward-looking statements are subject to a number of risks and uncertainties, including the factors disclosed in our Annual Report on Form 10-K and subsequent filings with the SEC. We are under no obligation to update, modify or withdraw any forward-looking statements, except as required by applicable law.
Investor Contacts:
Jane Gelfand
T: 888-340-5287 / [email protected]
Chethan Mallela
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Media Contact:
Katie Gilroy
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