Keurig Dr Pepper (KDP.US) releases its first full consolidated quarterly performance: Q3 financial results exceed expectations, coffee business spin-off enters countdown phase

Smart Finance APP reports that before the US stock market opened on November 3, beverage giant Keurig Dr Pepper (KDP.US) announced its results for the third quarter of 2026. According to the financial report, the net sales for the quarter were $7.34 billion, up 70.6% year-on-year, mainly driven by the completed acquisition and consolidation of JDE Peet's, the parent company of Peet's Coffee, in April. This figure was basically in line with the market expectation of around $7.33 billion. GAAP diluted earnings per share were $0.59, up 20.4% year-on-year and higher than the expected $0.57. Adjusted earnings per share were $0.66, up 22.2% year-on-year.