Peet's Coffee parent company's first full quarter of consolidated results released: Keurig Dr Pepper (KDP.US) Q3 earnings beat expectations, coffee business spin-off enters countdown

Zhitong Finance APP has learned that on November 3, before the U.S. stock market opened, beverage giant Keurig Dr Pepper (KDP.US) announced its third-quarter 2026 results. The financial report shows that net sales for the quarter were $7.34 billion, up 70.6% year over year, mainly driven by the consolidation of JDE Peet's, the parent company of Peet's Coffee, following the completion of the acquisition in April, and broadly in line with market expectations of about $7.33 billion; GAAP diluted earnings per share were $0.59, up 20.4% year over year, above expectations of about $0.57; adjusted earnings per share were $0.66, up 22.2% year over year.