Keurig Dr Pepper (NASDAQ:KDP) traded higher in early action on Tuesday after the beverage company slipped past consensus estimates with its Q4 earnings report. Net sales in the U.S. refreshment segment increased 10.

Beverage company Keurig Dr Pepper (NASDAQ:KDP) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 5.2% year on year to $4.07 billion. Its non-GAAP profit of $0.58 per share was in line with analysts’ consensus estimates.

Keurig Dr Pepper, known for popular beverages such as Dr Pepper, Snapple, and the Keurig coffee system, operates in a highly competitive market with notable peers like Coca-Cola and PepsiCo. The company's strategy centers around leveraging its diverse brand portfolio,