With a market cap of $37.5 billion, Keurig Dr Pepper Inc. (KDP) is a leading beverage and single-serve brewing company operating through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. It manufactures and distributes branded beverages, concentrates, and Keurig brewing systems and K-Cup pods, selling a large portfolio of well-known brands to retail, foodservice, and direct-to-consumer channels.
Shares of the Burlington, Massachusetts-based company have underperformed the broader market over the past 52 weeks. KDP stock has fallen 14.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 15%. Moreover, shares of the company are down 4.6% on a YTD basis, compared to SPX’s 1.9% rise.
