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Motley Fool 06/01/2020 11:33
While many retail companies have tanked altogether and other food companies showed losses, Keurig Dr Pepper, which has a highly diversified product line, reported a 4.4% increase in net sales to $2.61 billion.
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Forbes 05/28/2020 03:33
What is surprising is that KDP’s outperformance was possible despite Coca-Cola’s margins being consistently (in 2018 and 2019) more than double that of Keurig Dr Pepper’s.
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MarketWatch 05/21/2020 08:39
Keurig Dr Pepper Inc. shares slid 3.4% in premarket trade Thursday, after the drinks company priced a $40 million secondary stock offering, joining the many companies that are issuing debt or equity to bolster liquidity during the pandemic. The Burlington, Mass.-based company priced the deal at $27.25 a share, compared with its Wed. closing price of $27.69. The shares were sold by Maple Holdings B.V., a holding company majority owned by JAB Holdings B.V., a Luxembourg-based German conglomerate, which has directly purchased about 7.4 million shares. Goldman Sachs is sole underwriter on the deal. Shares have fallen 4.4% in the year to date through Wednesday, while the S&P 500 has fallen 8%. Market Pulse Stories are Rapid-fire, short news burs.
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