North American beverage company Keurig Dr Pepper has published “strong” results for the second quarter of 2025, which it says are fuelled by healthy top-line growth and cost discipline.
According to the report, net sales for Q2 increased 6.1 per cent to US$4.2 billion. On a constant currency basis, net sales were said to advance 7.2 per cent, driven by volume/mix growth of 5.0 per cent and a favourable net price realisation of 2.2 per cent. The acquisition of energy-drink brand GHOST contributed 4.0 percentage points to volume/mix growth.
“Our Q2 results cemented a strong first half of the year, as we drove robust performance in U.S. Refreshment Beverages, good growth in International, and sequential progress in U.S. Coffee,” says Tim Cofer, CEO of Keurig Dr Pepper.
“Today’s dynamic environment puts a premium on operational excellence, which we are demonstrating while pushing ahead on our multi-year strategic agenda. Though the back half will present new challenges, we are on track to deliver our 2025 outlook and are confident in the long-term value creation ahead.”
For Keurig Dr Pepper’s United States coffee portfolio, net sales for the second quarter decreased 0.2 per cent to US$0.9 billion. The report states the net sales result were influenced by K-Cup pricing actions taken to combat inflation, offset by pod and brewer shipment declines.
The company has a portfolio of more than 125 owned, licensed and partner brands. With an annual revenue of more than US$15 billion, Keurig Dr Pepper’s beverage categories include carbonated soft drinks, coffee, tea, water, juice, and mixers. Its coffee brands include Green Mountain Coffee Roasters, The Original Donut Shop, McCafé, and Van Houtte.
