Our Conflict Minerals Policy can be downloaded below: Download Keurig Dr Pepper's Conflict Minerals Policy(ENGLISH) The Company uses non-GAAP financial measures internally to focus management on performance excluding these special charges to gauge our business operating performance. Military Education Occupation Handbook SOC DOT RAPIDS ESCO. KEURIG DR PEPPER INC.RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW(UNAUDITED). GAAP net income for the quarter decreased 20.2% to $467 million, or $0.33 per diluted share, compared to $585 million, or $0.41 per diluted share, in the year-ago period. Weighted average common shares outstanding: (in millions, except share and per share data), Prepaid expenses and other current assets, Short-term borrowings and current portion of long-term obligations, Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares issued, Common stock, $0.01 par value, 2,000,000,000 shares authorized, 1,403,720,858 and 1,408,394,293 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively, Total liabilities and stockholders' equity, CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS. Selling, general and administrative expenses, Impairment of investments and note receivable, Net income including non-controlling interest, Less: Net loss attributable to non-controlling interest. If you are unsure of how much water to add, you can fill it with water from the sink or a bottle. message, contactez-nous l'adresse Download 2022 Trade Associations. Founded in 1981, Keurig Dr.Pepper operates as a beverage company in the United States and internationally. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de This statistic shows the number of employees of Keurig Dr Pepper worldwide in 2018, by country. Also impacting the comparison was growth in GAAP gross profit, as continued broad-based inflation was more than offset by the strong net sales performance and higher productivity. To begin using your new Keurig coffee maker, you must first read the instructions for your specific model. Tax impact is determined based upon an approximate rate for each item. During the quarter, the Company repurchased approximately 6.6 million KDP shares at a weighted average price per share of $34.96, totaling approximately $231 million. Weekdays 7 a.m. to 5 p.m. Central Time. verdade. We are members of theCivic Alliance, a nonpartisan coalition of more than 1,100 businesses united in working together to build a future in which everyone participates in shaping our country. 49% of Keurig Dr Pepper employees are between the ages of 20-30 years. BURLINGTON, Mass. Common stock, $0.01 par value, 2,000,000,000 shares authorized, Total liabilities and stockholders' equity. Checker (Current Employee) - Irving, TX - February 1, 2022 In 2022, Keurig Dr Pepper's net sales worldwide amounted to about 14.06 billion . Please help us protect Glassdoor by verifying that you're a If you have never used a Keurig before, you can learn how to use it by reading the brewing process in your manual. You can read our pledge against inequalities here. We will share progress toward this goal annually in our Corporate Responsibility Report and also welcome feedback at sustainabilityservices@kdrp.com. Keurig Dr Pepper ranked seven out of 46 companies in the food & beverage industry, up from #17 in 2022, and is one of only 700 U.S. companies recognized for its consumer, employee and investor trust. naar FORWARD LOOKING STATEMENTSCertain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. naar About Keurig Dr Pepper Keurig Dr Pepper (KDP) is a leading beverage company in North America , with annual revenue of more than $14 billion and approximately 28,000 employees. In the future we will continue to add more Keurig instructions manual on the market for all of you. Liquid Refreshment Beverages (LRB) category remained strong, with retail dollar consumption2advancing 13.6% and KDP growing market share in categories representing approximately 88% of its cold beverage retail sales base. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Clean company building good benefits smooth co workers and smooth work operation. Keurig Dr Pepper is committed to sourcing, producing and distributing our beverages responsibly, while making a positive impact on our consumers, customers, communities, employees and various other stakeholders. Excluding items affecting comparability, Adjusted operating income decreased 4.5% to $699 million, despite the strong growth in net sales and Adjusted gross profit, primarily due to the comparison to year-ago benefits, broad-based inflationary pressure, as well as increased marketing investment. . Download Keurig Dr Peppers 2019 Conflict Minerals Report. Non-GAAP financial measures typically exclude certain charges, including one-time costs that are not expected to occur routinely in future periods. 19% of Keurig Dr Pepper employees are Hispanic or Latino. Over-brewing your espresso will result in water that has the consistency of tar. Keurig Dr Pepper Employee Discount 112 employees reported this benefit 3.5 15 Ratings Available to US-based employees Change location Employer Verified Oct 30, 2020 Employee Comments Showing 1-10 of 15 Jun 9, 2022 5.0 Current Talent Acquisition in Holland, MI, Michigan great discounts on products for employees Helpful Report KDP strives to be an example of good human rights and labor practices throughout our business activities. Please note the EEO-1 categories are not necessarily representative of how our workforce is organized. On a constant currency basis, KDP continues to expect net sales growth of 5% and Adjusted diluted EPS growth of 6% to 7% in 2023, with foreign currency translation expected to be an approximate one half of one percentage point headwind to both metrics. Adjustments to reconcile net income to net cash provided by operating activities: Employee stock-based compensation expense, Gain on disposal of property, plant and equipment, Equity in (earnings) loss of unconsolidated affiliates, Impairment on investments and note receivable of unconsolidated affiliates, Income taxes receivable and payables, net, Other current and non-current liabilities, Net change in operating assets and liabilities, Net cash provided by operating activities, Proceeds from sale of investment in unconsolidated affiliates, Purchases of property, plant and equipment, Proceeds from sales of property, plant and equipment, Issuance of related party note receivable, Net cash (used in) provided by investing activities, Proceeds from issuance of commercial paper, Tax withholdings related to net share settlements. Wenn Unlike a traditional coffee maker, which typically yields 8-12 cups, this machine produces a single cup of espresso. Si vous continuez voir ce Required fields are marked *. Cision Distribution 888-776-0942 Brewer shipments totaled 10.2 million for the twelve months ending March 31, 2023, representing a 9.8% decline year-over-year. Our Stories Learn more about how Keurig Dr Pepper is shaping the future of beverage possibilities Read More RECENT NEWS Apr 27, 2023 Keurig Dr Pepper Reports Q1 2023 Results and Reaffirms Guidance for 2023 Our annual Conflict Minerals Reports can be downloaded below: Download Keurig Dr Peppers 2021 Conflict Minerals Report 47% of employees at Keurig Dr Pepper have a commercial driver license. Keurig B30-Owner Owners Manual / Instructional User Guide, Keurig B31-Mini-Plus-Owner-Manual Owners Manual / Instructional User Guide, Keurig K40-K45-Elite-Owners-Manual-Instruction-Guide, Keurig Model B44 Brewer Owners Manual / Instructional User Guide, Keurig Model B77 Brewer Owners Manual / Instructional User Guide, Keurig 2.0 K350 Owners Manual / Instructional User Guideuide, Keurig 2.0 K450 Owners Manual / Instructional User Guide, Keurig-B50-Owner-Manual-Instructions-User-Guide. Regenerative agriculture and conservation actions are key drivers for protecting, restoring and managing natural resources. Keurig Dr Pepper recognizes that our business depends upon environmental resources. Commenting on the announcement, Chairman and CEO Bob Gamgort stated, "Our overall performance in the quarter demonstrated the resilience of KDP as we delivered on our commitments in a dynamic macro environment. 60% of employees at Keurig Dr Pepper are White. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially. COFFEE, LATTES & CAPPUCCINOS: Use any K-Cup pod to brew coffee, or make delicious lattes and cappuccinos. First Quarter Consolidated ResultsNet sales for the first quarter of 2023 increased 8.9% to $3.35 billion, compared to $3.08 billion in the year-ago period and, on a constant currency basis, net sales also advanced 8.9%. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Comprehensive reports include occupation requirements, worker characteristics, and available training, education, and job . Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. and FRISCO, Texas, April 27, 2023 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the first quarter ended March 31, 2023 and reaffirmed its guidance for full year constant currency net sales growth of 5% and Adjusted diluted EPS growth of 6% to 7%. Individuals can find, search, or browse across 900+ occupations based on their goals and needs. para nos informar sobre o problema. O*NET OnLine provides detailed descriptions of the world-of-work for use by job seekers, workforce development and HR professionals, students, developers, researchers, and more. GAAP operating income for the quarter decreased 39.5% to $584 million, compared to $966 million in the year-ago period, primarily reflecting the unfavorable year-over-year impact of items affecting comparability, including the gain on the Body Armor litigation settlement in 2022, as well as the comparison to year-ago benefits related to the Company's strategic asset investment program, a change in accounting for non-cash stock compensation expense and a recovery of legal fees, which collectively represented an $88 million unfavorable impact in the quarter. See reconciliations of GAAP results to Adjusted results on a constant currency basis in the accompanying tables. Commenting on the announcement, Chairman and CEO Bob Gamgort stated, "Our overall performance in the quarter demonstrated the resilience of KDP as we delivered on our commitments in a dynamic macro environment. The most directly comparable GAAP financial measures and reconciliations to non-GAAP financial measures are set forth in the appendix to this release and included in the Company's filings with the SEC. corporate responsibility platform is focused on the greatest opportunities for impact in the environment, its supply chain, the health and well-being of consumers and with its people and communities. Data Collection Program U.S. Department of Labor Related Sites. las molestias. Keurig Dr Pepper insights Based on 2,358 survey responses Areas for improvement Sense of belonging Trust in colleagues Support from manager Good Order Puller (Former Employee) - Houston, TX - January 9, 2020 Friendly people person helps alot. These forward-looking statements can generally be identified by the use of words such as "outlook," "guidance," "anticipate," "expect," "believe," "could," "estimate," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would," and similar words. KDP holds leadership positions in liquid refreshment beverages, including soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares. Company Delivers Continued Strong Net Sales Momentum, led by U.S. Refreshment Beverages. Do Good. The requirements laid out in the Code are based on internationally recognized standards, including the UN Guiding Principles on Business and Human Rights, the UN Global Compact Principles and the International Labour Organisation (ILO) Declaration on Fundamental Rights and Principles at Work. Join the Keurig Dr Pepper team See Our Latest Jobs 5.0 Current Employee, more than 5 years Great Place to Work Mar 25, 2023 - Vice President Recommend CEO Approval Business Outlook Pros First and foremost, I've found the Team First attitude up, down, and across the organization to be very welcoming and infectious within the teams. Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially. U.S. retail dollar consumption2 of KDP Manufactured pods decreased 0.5% in IRi tracked channels in the quarter, while KDP Manufactured share remained healthy at approximately 81%. The U.S. Refreshment Beverages and International segments exhibited standout performance and, as expected, U.S. Coffee had a slower start to the year. Current and former employees report that Keurig Dr Pepper provides the following benefits. Nous sommes dsols pour la gne occasionne. Visit: https://www.benefitsaccountmanager.com/www-ybr-com-dpsg/ to View or access the FREE GUIDE on how \u0026 where to go to manage (login / register / enroll) your Keurig Dr Pepper Employee Benefits Online Account website. RECONCILIATION OF CERTAIN FINANCIAL MEASURES BY SEGMENT TO CONSTANT CURRENCY, RECONCILIATION OF ADJUSTED EBITDA AND MANAGEMENT LEVERAGE RATIO, ADJUSTED EBITDA RECONCILIATION - LAST TWELVE MONTHS, Total principal amounts less cash and cash equivalents, RECONCILIATION OF ADJUSTED EBITDA - LAST TWELVE MONTHS, Impairment on investments and note receivable, https://www.prnewswire.com/news-releases/keurig-dr-pepper-reports-q1-2023-results-and-reaffirms-guidance-for-2023-301808948.html, Where Keurig Dr Pepper Stands With Analysts, Keurig Dr Pepper Earnings Perspective: Return On Capital Employed, RBC Capital Remains a Buy on Keurig Dr Pepper (KDP), Keurig Dr Pepper (KDP) Gets a Buy from Barclays, Bank of America Securities Sticks to Their Buy Rating for Keurig Dr Pepper (KDP), Analysts Opinions Are Mixed on These Consumer Goods Stocks: Keurig Dr Pepper (KDP), Harley-Davidson (HOG) and The Hershey Company (HSY), Analysts Conflicted on These Consumer Goods Names: Columbia Sportswear (COLM) and Keurig Dr Pepper (KDP), Registration on or use of this site constitutes acceptance of our. Keurig Mini VS Mini Plus Which One The Best? The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Published by M. Ridder , Jan 13, 2022. The Company's Drink Well. Tax impact is determined based upon an approximate rate for each item. We consider it our duty and responsibility to support this commitment through our efforts to engage in the political process and the development of public policy. Se continui a visualizzare Se continui a visualizzare For the first quarter of 2023 and 2022, there were no certain items excluded for comparison to prior year periods. We are committed to sourcing products, components and materials from companies that share our values regarding respect for human rights, ethics and environmental responsibility. Facebook Twitter . BURLINGTON, Mass., and PLANO, Texas Keurig Dr Pepper (KDP) is finding innovative ways to meet rising demand and is taking care of its employees and community during the coronavirus pandemic, according to a letter from Chairman and CEO Robert Gamgort. Aydanos a proteger Glassdoor verificando que eres una persona real. If you have questions regarding your personal benefits package, please contact the Benefits Center at 1-888-983-8288 for assistance. ein Mensch und keine Maschine sind. Si continas viendo este mensaje, Save my name, email, and website in this browser for the next time I comment. las molestias. Download Keurig Dr Pepper's Water Policy About Keurig Dr PepperKeurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue of more than $14 billion and approximately 28,000 employees. Excluding items affecting comparability, Adjusted operating income decreased 4.5% to $699 million, despite the strong growth in net sales and Adjusted gross profit, primarily due to the comparison to year-ago benefits, broad-based inflationary pressure, as well as increased marketing investment. Employees 27,500. Constant currency adjusted: Defined as certain financial statement captions and metrics adjusted for certain items affecting comparability, calculated on a constant currency basis by converting our current period local currency financial results using the prior period foreign currency exchange rates. corporate responsibility platform is focused on the greatest opportunities for impact in the environment, its supply chain, the health and well-being of consumers and with its people and communities. excuses voor het ongemak. The Company has approximately $3.4 billion remaining under its share repurchase authorization expiring on December 31, 2025. Si continas viendo este mensaje, Brews multiple k-cup pod sizes: (6, 8, 10 ounce) the most popular k-cup pod brew sizes. Adjustments to reconcile net income to net cash provided by operating activities: Employee stock-based compensation expense, Gain on disposal of property, plant and equipment, Equity in (earnings) loss of unconsolidated affiliates, Impairment on investments and note receivable of unconsolidated affiliates, Income taxes receivable and payables, net, Other current and non-current liabilities, Net change in operating assets and liabilities, Net cash provided by operating activities, Proceeds from sale of investment in unconsolidated affiliates, Purchases of property, plant and equipment, Proceeds from sales of property, plant and equipment, Issuance of related party note receivable, Net cash (used in) provided by investing activities, Proceeds from issuance of commercial paper, Tax withholdings related to net share settlements. Join the Keurig Dr Pepper team See Our Latest Jobs 1.0 Current Employee, less than 1 year Place is trash. . At Keurig Dr Pepper, we stand against intolerance and inequality in any form, and we are committed to maintaining a safe and inclusive workplace that is free from discrimination and where employee actions are consistent with our standards and values. GAAP operating income decreased 9.0% to $232 million, compared to $255 million in the year-ago period, largely reflecting the decline in volume/mix, broad-based inflationary pressure and an unfavorable year-over-year impact of items affecting comparability, partially offset by higher net price realization and productivity. Excluding items affecting comparability, Adjusted operating income increased 11.6% to $508 million and, on a percent of net sales basis, totaled 25.3%. Zippia gives an in-depth look into the details of Keurig Dr Pepper, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Keurig Dr Pepper. Compared against pre-pandemic levels represented by the twelve months ending March 31, 2019, brewer shipments grew 25.6%, representing a mid-single digit CAGR. Check this Keurig K-Mini Coffee maker video | Best coffee maker under $100? Merchandiser for Greater Bowling Green, KY . Our results were led by strong revenue growth, supported by successful innovation, increased marketing and modest brand elasticities. Company YBR Benefits Center Phone Number: 1-866-602-3774. Weighted average common shares outstanding: Prepaid expenses and other current assets, Short-term borrowings and current portion of long-term obligations, Preferred stock, $0.01 par value, 15,000,000 shares authorized, no shares. It distributes its products through retail channels, including supermarkets, fountains, mass merchandisers, club stores . During the quarter, the Company repurchased approximately 6.6 million KDP shares at a weighted average price per share of $34.96, totaling approximately $231 million. The employee will move to a higher rate of $23.28 per hour in . With that as our aim, we work to design, source and manufacture products that benefit the environment as a whole. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 6% of jobs at Keurig Dr Pepper are remote jobs. In 2021, KDP set a goal of supporting regenerative agriculture and conservation on 250,000 acres of land by 2030, which represents 50% of the land area used to grow all of the coffee, corn (for High Fructose Corn Syrup) and apples (fresh and for juice concentrate) that KDP purchases. Tax forms . It also provides single serve brewing systems. to let us know you're having trouble. To maximize the effectiveness of your brewer, always ensure that you put the proper amount of coffee in the filter holder. This performance reflected higher net price realization of 5.3%, more than offset by a 6.6% decline in volume/mix. Data Collection Program U.S. Department of Labor Related Sites. Depending on the size of your mug, you can make as many or as few cups as youd like. We are signatories of the organizationsJoint Statement for Protecting Voting Access, which supports safe and accessible voting for all eligible Americans. This cookie pattern is used to identify the user in the browsed store, for associating the user with the cart content. Ci excuses voor het ongemak. We are sorry for the inconvenience. Keurig Dr Pepper, Inc. engages in the production and marketing of non-alcoholic beverages. KDP in-market performance in the U.S. envie um e-mail para Also impacting the performance was continued broad-based inflationary pressure and a net $32 million year-over-year headwind from the Company's strategic asset investment program, partially offset by the strong net sales growth and productivity. InternationalNet sales for the first quarter increased 17.2% to $415 million, compared to $354 million in the year-ago period and, on a constant currency basis, net sales advanced 16.7%. It will tell you how to make the best cup of coffee for the right amount of time and will help you learn how to use it. Please enable Cookies and reload the page. On a percent of net sales basis, Adjusted operating income was 20.8%. For more information, visit www.keurigdrpepper.com. U.S. retail dollar consumption2 of KDP Manufactured pods decreased 0.5% in IRi tracked channels in the quarter, while KDP Manufactured share remained healthy at approximately 81%. Comprehensive reports include occupation requirements, worker characteristics, and available training, education, and job . The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig, Dr Pepper, Canada Dry, Clamato, CORE, Green Mountain Coffee Roasters, Mott's, Snapple, and The Original Donut Shop. The forecasts range from a low of 30.30 to a high of $47.25. Please help us protect Glassdoor by verifying that you're a Excluding items affecting comparability, Adjusted operating income decreased 5.3% to $285 million and, on a percent of net sales basis, totaled 30.6%. Wir entschuldigen uns fr die Umstnde. para informarnos de que tienes problemas. The employee data is based on information from people who have self-reported their past or current employments at Keurig Dr Pepper.
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