The company said net sales for Q2 2024 rose 3.5% to $3.9 billion, and GAAP operating income rose 12.0% to $861 million. Adjusted operating income, on a constant currency basis, rose 11.0% to $970 million, or 24.7% of net sales.

1. 01

   The company said net sales for Q2 2024 rose 3.5% to $3.9 billion, and GAAP operating income rose 12.0% to $861 million. Adjusted operating income, on a constant currency basis, rose 11.0% to $970 million, or 24.7% of net sales.

2. 02

   Keurig Dr Pepper said GAAP net income for Q2 rose 2.4% to $515 million, or $0.38 per diluted share, and adjusted diluted EPS rose 7.1% to $0.45. The company cited higher operating income and a lower share count as drivers of EPS growth, which were partly offset by higher interest expense and a higher tax rate.

3. 03

   The company said net sales for Q2 rose 3.3% to $2.4 billion in U.S. Refreshment Beverages and 15.5% to $0.6 billion in International. U.S. Coffee net sales fell 2.1% to $1.0 billion. It said volume/mix growth of 0.8% was more than offset by a net price decline of 2.9%.

4. 04

   The company said operating cash flow for Q2 was $657 million and free cash flow totaled $543 million. It also said it reaffirmed its full-year outlook for constant currency net sales growth in the mid-single-digit range and Adjusted diluted EPS growth in the high-single-digit range.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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