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via finance.yahoo.comBusiness & Companies

Keurig Dr Pepper: sales surge on JDE Peet's while gross margin falls

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Total Net Sales: Grew 70.1% in Q3, including the JDE Peet's acquisition benefit. Legacy KDP Net Sales: Increased 8.6%, with volume/mix contributing 6.5 points and net price realization adding 2.1 points. Consolidated Gross Margin: 48.7%…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMixed results: strong sales and EPS growth, but a sharp decline in gross margin.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Total net sales grew 70.1% in Q3, including JDE Peet's.
  2. 02Consolidated gross margin was 48.7%, down 590 basis points.
  3. 03EPS grew 22.2% to $0.66.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Keurig Dr Pepper Inc.KDPStock34.74 USDMarket closedtoday -5.65%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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