Keurig Dr Pepper Inc. (KDP) Q2 2025 Earnings Call Transcript


Keurig Dr Pepper Inc. (NASDAQ:KDP) Q2 2025 Earnings Conference Call July 24, 2025 8:00 AM ET

Company Participants

Jane Gelfand – Vice President of Investor Relations & Strategic Initiatives
Sudhanshu Shekhar Priyadarshi – CFO & President of International
Timothy P. Cofer – CEO & Director

Conference Call Participants

Bonnie Lee Herzog – Goldman Sachs Group, Inc., Research Division
Christopher Michael Carey – Wells Fargo Securities, LLC, Research Division
Dara Warren Mohsenian – Morgan Stanley, Research Division
Filippo Falorni – Citigroup Inc., Research Division
Kaumil S. Gajrawala – Jefferies LLC, Research Division
Peter K. Grom – UBS Investment Bank, Research Division
Robert Edward Ottenstein – Evercore ISI Institutional Equities, Research Division

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Keurig Dr Pepper’s Earnings Call for the Second Quarter of 2025. This conference call is being recorded, and there will be a question-and-answer session at the end of the call. I would now like to introduce Jane Gelfand, Senior Vice President, Finance at Keurig Dr Pepper. Ms. Gelfand, please go ahead.

Jane Gelfand

Thank you, and hello, everyone. Earlier this morning, we issued a press release detailing our second quarter results, which we will discuss during this conference call. An accompanying slide presentation can be viewed in real time on the live webcast.

Before we get started, I’d like to remind you that our remarks will include forward-looking statements which reflect KDP’s judgment, assumptions and analysis only as of today. Our actual results may differ materially from current expectations based on a number of factors affecting KDP’s business. Except as required by law, we do not undertake any obligation to update any forward-looking statements discussed today.

For more information, please refer to our earnings release and the risk factors discussed in our most recent Form 10-K and



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