Keurig Dr Pepper Inc. (KDP) is a leading beverage company headquartered in Frisco, Texas, with more than 150 owned, licensed, and partner brands. With a market capitalization of $42.3 billion, the company manufactures, markets, and distributes soft drinks, coffee, water, tea, and other beverages through an extensive distribution network, serving consumers across retail, e-commerce, convenience, and foodservice channels worldwide.
Shares of this beverage giant have significantly underperformed the broader market over the past year. KDP has declined 7.1% during this period, while the broader S&P 500 Index ($SPX) has rallied nearly 14.8%. However, the stock is up 12.3% year to date, outperforming the index's 6.9% gain over the same period.