Keurig Dr Pepper to Participate in Investor Call

Rhea-AI Summary

Keurig Dr Pepper (NASDAQ: KDP) announced participation in an investor call on September 29, 2020, at 10:00 AM ET, hosted by BofA Securities and Morgan Stanley. The call will feature management discussing current business trends and the outlook for the remainder of the year, unchanged since the July 30, 2020 quarterly earnings report. A live webcast will be accessible via the company's website. KDP generates over $11 billion in annual revenue and holds leadership in beverage categories across North America.

BURLINGTON, Mass. and PLANO, Texas, Sept. 28, 2020 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) today announced that members of the Company's management plan to participate in an investor call hosted by BofA Securities and Morgan Stanley on September 29, 2020 at 10:00AM ET.  During the event, which will be a fireside chat led by Equity Analysts Bryan Spillane with BofA Securities and Dara Mohsenian with Morgan Stanley, management will discuss current trends in the business and its outlook for the balance of the year, which remains unchanged since the Company's quarterly earnings report on July 30, 2020.

Access to a live webcast of the event will be available in the Investors section of the Company's corporate website, www.keurigdrpepper.com.

Investor Contacts:
Tyson Seely
Keurig Dr Pepper
T: 781-418-3352 / tyson.seely@kdrp.com

Steve Alexander
Keurig Dr Pepper
T: 972-673-6769 / steve.alexander@kdrp.com

Media Contact:
Katie Gilroy
Keurig Dr Pepper
T: 781-418-3345 / katie.gilroy@kdrp.com 

About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billion and nearly 26,000 employees. KDP holds leadership positions in 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. 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®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. 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.  The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability.  For more information, visit, www.keurigdrpepper.com.

FORWARD LOOKING STATEMENTS
Certain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. 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, phrases or expressions and variations or negatives of these words, although not all forward-looking statements contain these identifying words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements regarding the estimated or anticipated future results of the combined company following the combination of Keurig Green Mountain, Inc. ("KGM") and Dr Pepper Snapple Group, Inc. ("DPSG" and such combination, the "transaction"), the anticipated benefits of the transaction, including estimated synergies and cost savings, the long-term merger targets, and other statements that are not historical facts. These statements are based on the current expectations of our management and are not predictions of actual performance.

These forward-looking statements are subject to a number of risks and uncertainties regarding the company's business and the transaction and actual results may differ materially. These risks and uncertainties include, but are not limited to: (i) the impact the significant additional debt incurred in connection with the transaction may have on our ability to operate our business, (ii) risks relating to the integration of the KGM and DPS operations, products and employees into the combined company and assumption of certain potential liabilities of KGM and the possibility that the anticipated synergies and other benefits of the transaction, including cost savings, will not be realized or will not be realized within the expected timeframe, (iii) the impact of the global COVID-19 pandemic, and (iv) risks relating to the businesses and the industries in which our combined company operates. These risks and uncertainties, as well as other risks and uncertainties, are more fully discussed in the Company's filings with the SEC, including our Annual Report on Form 10-K, and our subsequent filings with the SEC. While the lists of risk factors presented here and in our public filings are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Any forward-looking statement made herein speaks only as of the date of this document. We are under no obligation to, and expressly disclaim any obligation to, update or alter any forward-looking statements, whether as a result of new information, subsequent events or otherwise, except as required by applicable laws or regulations.

 

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SOURCE Keurig Dr Pepper

FAQ

What is the date and time of the Keurig Dr Pepper investor call?

The investor call for Keurig Dr Pepper is scheduled for September 29, 2020, at 10:00 AM ET.

Who is hosting the Keurig Dr Pepper investor call?

The investor call is hosted by BofA Securities and Morgan Stanley, featuring equity analysts Bryan Spillane and Dara Mohsenian.

What will be discussed during the investor call?

Management will discuss current business trends and the outlook for the balance of the year.

Where can I access the live webcast of the investor call?

The live webcast of the investor call will be available in the Investors section of Keurig Dr Pepper's website.

What was the last quarterly earnings report date for KDP?

The last quarterly earnings report for Keurig Dr Pepper was on July 30, 2020.