KDP posts mixed results following JDE acquisition. Global soft drinks manufacturer Keurig Dr Pepper (KDP) saw net sales increasing by 7.3 per cent, excluding the contribution from the JDE Peet's acquisition, to approximately £5.4bn but GAAP operating income dropped 30.1 per cent. The company's adjusted operating income went up by 42.9 per cent to £1.1bn, and totalled 20.2 per cent of net sales. The adjusted operating income growth was driven by net sales growth, productivity savings and the JDE Peet's acquisition, which was partially offset by the impact of inflationary pressures. However, KDP's GAAP operating income went down by 30.1 per cent to around £465m, which was affected by an unfavourable year-on-year impact of items affecting comparability. The company's international net sales during the second quarter increased by 19.6 per cent to approximately £491m. On a constant currency basis net sales went up by 12.4 per cent which was driven by a volume/mix growth of 6.5 per cent and favourable net price realisation of 5.9 per cent. CEO of KDP, Tim Cofer said: "Grocery Gazette delivered another strong quarter of results, with Q2 EPS exceeding its expectations. "US refreshment beverages generated double-digit top- and bottom-line growth, KDP International sequentially improved as planned, and its combined coffee platform delivered solid performance, with healthy JDE Peet's results balanced against US Coffee pressures. "At the midpoint of the year, we remain on track to achieve our 2026 financial and transformation commitments while preparing for a successful separation in early 2027." Moving forward, the business has forecasted a net sales growth of between 4 and 6 per cent on a constant currency basis and adjusted EPS growth for the KDP's legacy segment. The company also expects a 1 per cent tailwind to the 2026 full-year net sales and EPS growth due to a negative impact from foreign currency translation.

Keurig Dr Pepper reports 2Q results beating expectations, but the U.S. Coffee disappoints, Jde Peet's posts sales of $2.8 billion. Sales soared by 75.6 per cent to 7.31 billion, driven by the acquisition of JDE Peet's. This figure exceeds analysts' average forecast of 7.24 billion, according to data compiled by LSEG. Adjusted diluted EPS increased 16.3% to 57 cents, compared with the expected 54 cents. Keurig Dr Pepper confirms its full-year 2026 forecast of net sales of between 25.9 and 26.4 billion, with adjusted EPS growth in a low double-digit range August 7, 2026 August 6, 2026 Share your coffee stories with Comunicaffe by writing to [email protected]. MILAN - Keurig Dr Pepper (KDP) reported quarterly results above expectations, despite a disappointing performance for U.S. Coffee, and is pressing ahead with its planned spin-off into two separate companies in early 2027, whilst also confirming its guidance for the current financial year. The US coffee and beverage giant published its results for the period to 30 June yesterday, Thursday 6 August 2026, which show results exceeding forecasts, driven primarily by soft drinks and energy drinks. On 1 April, KDP completed the acquisition of JDE Peet's: a deal worth nearly 18 billion dollars, which will be followed by the split of the beverages and coffee businesses into two separate companies, both of which will be listed on the stock exchange. The second quarter of the year has followed the same pattern as the first: results above the consensus, reflecting the resilience of the drinks sector, whilst the US coffee business posted a less impressive performance. First and foremost, sales soared by 75.6 per cent to 7.31 billion, driven by the acquisition of JDE Peet's. This figure exceeds analysts' average forecast of 7.24 billion, according to data compiled by LSEG. Adjusted diluted EPS increased 16.3% to 57 cents, compared with the expected 54 cents. Keurig Dr Pepper confirms its full-year 2026 forecast of net sales of between 25.9 and 26.4 billion, with adjusted EPS growth in a low double-digit range. The US Refreshment Beverages division was the star performer, once again acting as the main driver with a 10 per cent increase in sales for the quarter, thanks to strong demand for products such as Dr Pepper Zero Sugar, Ghost energy drinks and Electrolit hydration products. The negative news comes from the US coffee business, which recorded a 3.2 per cent fall in sales to $918 million, due to an 8.2 per cent drop in volumes, only partially offset by a 5 per cent increase in prices. It should be noted, however, that the result was negatively impacted by a reporting shift of Peet's K-Cup pods into the JDE Peet's segment as a result of the acquisition. JDE Peet's, for its part, reported net sales for the second quarter were $2.8 billion. The GAAP operating loss was $62 million, including an unfavourable impact of items affecting comparability, primarily due to acquisition and integration-related costs. Adjusted operating income was $414 million and totalled 14.8% of net sales. The JDE Peet's acquisition closed on April 1, and therefore the segment contribution was wholly incremental to the Company on a year-over-year basis. Commenting on the performance, CEO Tim Cofer stated: "We delivered another strong quarter of results, with Q2 EPS exceeding our expectations. U.S. Refreshment Beverages generated double-digit top- and bottom-line growth, KDP International sequentially improved as planned, and our combined coffee platform delivered solid performance, with healthy JDE Peet's results balanced against U.S. Coffee pressures. We also made meaningful progress on our integration and separation work, including capturing initial cost synergies, advancing key organizational readiness milestones, and generating robust free cash flow to support balance sheet deleveraging. At the midpoint of the year, we remain on track to achieve our 2026 financial and transformation commitments while preparing for a successful separation in early 2027."

Small business news releases. Belgian Boys welcomes Louisa Lawless as Chief Commercial Officer to lead next phase of growth. BROOKLYN, N.Y., Aug. 6, 2026 /PRNewswire/ - Belgian Boys, the fast-growing brand rewriting the rules of the breakfast aisle, today announced Louisa Lawless is joining their team as Chief Commercial Officer, a hire designed to accelerate the brand's next stage of growth. Lawless joins the leadership team with nearly two decades of commercial leadership across some of the food and beverage industry's most recognized brands, including Nutrabolt, Core Nutrition, and Red Bull North America. She will lead Belgian Boys' push to expand distribution, deepen retailer partnerships, and scale the brand into a category all its own. Lawless most recently served as Chief Commercial Officer at Korb Health Group, where she led a team focused on the high-growth verticals of personalized weight loss, women's and men's health, and longevity care. Prior to that, as EVP, Commercial Marketing & Sales at Nutrabolt, she led the commercialization of the Bloom, C4, Cellucor, and Xtend portfolios and delivered explosive year-over-year growth in several highly competitive categories. Earlier in her career, she served as Chief Strategy Officer at Core Nutrition, where she helped engineer the brand's $525 million acquisition by Keurig Dr Pepper, and at Golden West Food Group/Stratus Group, where she led the development of the branded and private label portfolio and built brands from their inception. She began her career in beverage leadership roles at Red Bull North America, ultimately overseeing the largest energy drink market in the world. "I meet a lot of talented executives in this industry, but every once in a while you meet someone whose resume is exceptional and who you just click with on a human level. Louisa's energy is contagious," said Anouck Gotlib, CEO of Belgian Boys. "Louisa's track record speaks for itself, but what sealed it for us was how excited she is about building, and how naturally she connected with our team and our mission from the very first conversation." "I've admired Belgian Boys from the outside for a long time; the brand has real permission to create a new category, and that's a rare thing in CPG," said Lawless. "I'm energized by the opportunity to bring my experience in scaling emerging brands, building high-performing commercial teams, and leading the commercial strategy into the next stage of brand acceleration with a team that is truly passionate about the product and the mission." Building a brand in today's world takes a point of view. As CCO, Lawless will lead that charge for Belgian Boys, shaping how the brand shows up commercially, in stores, online, and in everyday routines, while staying true to the foundation that got it here: real ingredients, delicious products, and a brand people actually want at their table. Lawless holds a BFA from Texas Christian University, where she graduated Magna Cum Laude. She is based in Long Beach, California. About Belgian Boys Belgian Boys is a women-led company sparking moments of joy with European-inspired foods. Their quick-and-easy breakfast offerings empower busy families to start the day with happiness baked into every bite. With whimsical packaging, non-GMO ingredients, and no artificial flavors or preservatives, Belgian Boys products are as delightful as they are convenient. Belgian Boys has been on Instacart's Fastest-Growing Brands list for three years running an honoree on The Lead's Foremost 50 list. For more information, visit www.belgianboys.com. Media Contact: 512-914-5709 SOURCE Belgian Boys