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Top related persons:
Pepper - 3 Dr Pepper - 3 Joe - 1 Dillon Baxter - 1 Nespresso - 1 Dr - 1 it's - 1 Monique Oxender - 1
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U.S Canada there's North America Europe Texas Bengaluru
Top related orgs:
Intelligence - 1 National Coffee Association . Companies - 1 Nestle - 1 Recycling - 1 CNBC Pro - 1 — - 1 Global - 1 Therapeutics - 1

Search resuls for: "Dr Pepper's"


6 mentions found


☆ Nespresso, Keurig have new coffee pods coming designed to put an end to all the garbage
  + stars: | 2024-04-19 | by ( Cheryl Winokur Munk | ) www.cnbc.com   time to read: +5 min
Keurig coffee sales in the U.S. reached over $4 billion last year, while Wall Street analysis pegs Nespresso sales at roughly $1.5 billion. The U.S. coffee pods and capsules market is expected to grow to $10.1 billion by 2028 up from $8.4 billion last year, according to market research firm Mordor Intelligence. Environmentally friendly, biodegradable, and compostable coffee pods are increasingly in demand, and have been on the market for a few years, such as NEXE, a packaging solutions supplier based in Canada, which launched a line of compostable coffee pods in the U.S. and Canada in 2021, which it markets as Nespresso-compatible. Getting customer buy-in for new products is also a challenge for companies looking to produce more sustainable coffee pods. Here's a look at what Keurig and Nespresso — the two largest makers of at-home coffee pod systems — have planned for at-home coffee drinkers as part of that push to keep the pods from filling up the garbage.
Persons: Pepper, Joe, Dillon Baxter, Nespresso, Dr, it's, Monique Oxender, Oxender, they'll, Keurig Organizations: Intelligence, National Coffee Association . Companies, Nestle, Recycling Locations: U.S, Canada, there's, North America, Europe
☆ These insiders were big buyers this week, including in one beaten-up biotech
  + stars: | 2023-11-10 | by ( Pia Singh Nick Wells | Pia Singh | Nick Wells | ) www.cnbc.com   time to read: +3 min
Executives of some beaten-down companies, including one battered biotech name and a popular soft drinks maker, scooped up shares of their own stock in the past week. Here are the top insider buys: Energy Transfer — Executive Chairman Kelcy Warren bought one million shares Monday at $13.53 per share for a total value of $13.53 million. Shares are up more than 2% over the past month. Enstar Group CEO bought swathes of shares Wednesday, the day after the company reported its earnings for the third quarter. The stock has gained about 8% so far this year and shares are up roughly 4% over the past month.
Persons: Kelcy Warren, Dominic F, Silvester, Nigel W, Morris, Richard Barry, Verity, Douglas Ingram, Keurig Dr Pepper, Timothy P, Cofer, Dr Pepper's, Dr Pepper —, Dr Pepper, Mott's —, Enstar Organizations: CNBC Pro, —, Global, Therapeutics, Remitly, FDA, U.S . Securities, Exchange, Enstar Locations: Canada
☆ UBS says Keurig Dr Pepper is undervalued and can jump more than 25%
  + stars: | 2023-08-16 | by ( Brian Evans | ) www.cnbc.com   time to read: +1 min
UBS thinks investors should buy shares of Keurig Dr Pepper at these levels. Analyst Peter Grom said Keurig Dr Pepper is trading at a valuation below its historical averages and relative to peers, presenting a buying opportunity to investors. "At a time when earnings growth is set to decelerate across many Beverage peers, this shift in relative earnings momentum should narrow the valuation gap closer to historical averages," Grom said. The analyst added Keurig Dr Pepper's coffee segment could potentially underpin revenue expansion, while also benefiting from stronger brand partnerships overall. KDP YTD mountain Keurig Dr Pepper stock has dipped more than 6% from the start of 2023.
Persons: Dr Pepper, Peter Grom, FactSet, Grom, Pepper, — CNBC's Michael Bloom Organizations: UBS, Beverage, US
☆ Keurig Dr Pepper beats sales estimates, posts strong forecast on higher prices
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +1 min
The results are the latest evidence that consumer companies have been largely able to pass on higher prices to retailers and shoppers. Keurig Dr Pepper posted second-quarter revenue of $3.79 billion, topping estimates of $3.69 billion, according to Refinitiv data. The company said it expects full-year 2023 net sales growth of 5% to 6%, compared with the previous forecast of a 5% growth. It reiterated its forecast for adjusted earnings per share growth of 6% to 7%. Excluding items, the company reported a profit of 42 cents per share, compared estimates of 40 cents.
Persons: Pepper, Pepper's, Dr Pepper, Bob Gamgort, Aatrayee Chatterjee, Sriraj Organizations: Pepper Inc, Thomson Locations: U.S, Texas, Bengaluru
☆ Prebiotic soda Olipop approaches $200 million in annual sales — and CEO says Coca-Cola and PepsiCo have already come knocking
  + stars: | 2023-04-29 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +5 min
Prebiotic soda maker Olipop is set to cross $200 million in annual sales this year, just five years after it arrived on grocery store shelves. Olipop had raised $55.4 million as of Jan. 2, at a reported valuation of $199.8 million, according to Pitchbook data. Consumers are also increasingly interested in "gut health," one of the latest wellness trends. Both Olipop and Poppi have leaned into influencer marketing on TikTok, where gut health became a trending topic last year. But Olipop's Goodwin is confident that consumers are willing to pay more for the drinks he formulates.
☆ Keurig Dr Pepper CEO resigns after violating company's code of conduct
  + stars: | 2022-11-10 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +1 min
Keurig Dr Pepper announced Thursday that CEO Ozan Dokmecioglu agreed to resign after violating the company's code of conduct, less than four months into the job. Keurig Dr Pepper's board reappointed Bob Gamgort, chairman and former CEO, as chief executive. Keurig Dr Pepper's stock has risen 3% this year, increasing its market value to $54.4 billion. Prior to becoming CEO, Dokmecioglu served as chief financial officer for the company, helping Keurig Green Mountain go private in 2016 and with its merger with Dr Pepper Snapple in 2018. Its subsidiary Maple Holdings still holds a 33% stake in Keurig Dr Pepper.
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