Keurig Dr Pepper Forecasts Strong Growth as JDE Peet Acquisition Offsets Rising Coffee Costs

Keurig Dr Pepper expects a major revenue boost from its JDE Peet acquisition despite rising coffee costs. Shares rose today after the firm beat Q4 estimates.

洞察:
Keurig Dr Pepper Inc. today projected stronger full-year results and raised its annual net sales guidance, citing the pending roughly $18 billion acquisition of JDE Peet's N.V. as the primary boost. The transaction, which brings together the beverage leader from the United States USUS and the coffee specialist from the Netherlands NLNL, is expected to materially affect the company's scale and leverage upon completion.
Aluminium Dr Pepper cans leave the production line at Ball Corporation in Wakefield, Britain, on October 18, 2019. REUTERS/Andrew Yates/File Photo
Aluminium Dr Pepper cans leave the production line at Ball Corporation in Wakefield, Britain, on October 18, 2019. REUTERS/Andrew Yates/File Photo
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