KDP · 8-K · 20260806PR000048
Guidance / Outlook
Keurig Dr Pepper Inc. · 2026-08-06 · Importance 73 · Surprise 50 · In source text
Keurig Dr Pepper reaffirmed 2026 net sales guidance of $25.9-$26.4 billion and expects constant-currency adjusted diluted EPS growth in the low-double-digit range. The outlook includes 4%-6% constant-currency net sales and adjusted diluted EPS growth for the legacy business, plus an incremental contribution from the JDE Peet’s acquisition. At current exchange rates, foreign-currency translation is expected to provide an approximately one-percentage-point tailwind to full-year 2026 net sales and EPS growth, while the company targets a pro-forma management leverage ratio of approximately 4.1x at year-end.
Key facts
- 2026 guidance comprises 4-6% constant currency net sales growth and 4-6% constant currency Adjusted diluted EPS growth for legacy KDP plus incremental JDE Peet's contribution source
- 2026 full year net sales guidance: $25.9-$26.4 billion (constant currency, non-GAAP) source
- At current exchange rates, foreign currency translation is forecasted to approximate a one percentage point tailwind to 2026 full year net sales and EPS growth source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | 2026 guidance comprises 4-6% constant currency net sales growth and 4-6% constant currency Adjusted diluted EPS growth for legacy KDP plus… |
| net_income | positive | probable | — | 2026 guidance comprises 4-6% constant currency net sales growth and 4-6% constant currency Adjusted diluted EPS growth for legacy KDP plus… |
| revenue | positive | probable | — | 2026 full year net sales guidance: $25.9-$26.4 billion (constant currency, non-GAAP) |
| revenue | positive | probable | — | At current exchange rates, foreign currency translation is forecasted to approximate a one percentage point tailwind to 2026 full year net… |
| net_income | positive | probable | — | At current exchange rates, foreign currency translation is forecasted to approximate a one percentage point tailwind to 2026 full year net… |