With a market cap of $37.6 billion, Keurig Dr Pepper Inc. (KDP) is a leading beverage and brewing systems company operating in the United States and internationally. The company produces and distributes a wide range of popular brands, including Dr Pepper, Green Mountain Coffee Roasters, Snapple, and Keurig across its U.S. Refreshment Beverages, U.S. Coffee, and International segments.
Shares of the Burlington, Massachusetts-based company have underperformed the broader market over the past 52 weeks. KDP stock has fallen 16.9% over this time frame, while the broader S&P 500 Index ($SPX) has gained 17.4%. Moreover, shares of the company are down 14.6% on a YTD basis, compared to SPX’s nearly 16% increase.
