Keurig Dr Pepper Investor Relations Material
Hot and Cold Beverages
Keurig Dr Pepper is an American beverage conglomerate that sells various types of sodas, juices, coffees, teas, and more under a number of various brands. The current form of the company was the result of a merger between the coffee company Keurig, and the Dr Pepper Snapple Group company sells its products worldwide and has dual headquarters in Burlington, Massachusetts, and Frisco, Texas. Its shares are traded on the Nasdaq.
The previously mentioned merger between Keurig Green Mountain and Dr Pepper Snapple Group took place in 2018. Keurig Green Mountain, founded in 1981, specialized in single-serve coffee brewing systems, while Dr Pepper Snapple Group, with its origins dating back to 1885, owned a variety of soda, tea, and juice brands. The merger was a strategic move to combine Keurig's coffee brewing technology with Dr Pepper Snapple's established beverage portfolio. The resulting company now offers a diverse range of products spanning both hot and cold beverage categories. Today, the company competes in the international beverage market, with names such as Coca-Cola, PepsiCo, Nestlé, and several other large companies among the competition.
Dr Pepper, Snapple, and More
Under the former Dr Pepper Snapple umbrella, the company produces a variety of beverage products. This range primarily includes carbonated soft drinks, with Dr Pepper, 7UP, and A&W Root Beer as flagship brands. The portfolio also extends to non-carbonated drinks, such as Snapple, which offers a wide selection of teas and fruit-flavored drinks. Additionally, the lineup includes juices like Mott's apple juice and the tomato drink Clamato.
Keurig became known for its single-serve coffee brewing systems, which offer a convenient and quick way to make coffee both at home and at the office. This system utilizes pre-packaged coffee pods, known as K-Cups, offering a wide variety of coffee flavors and blends, including those from notable brands like Green Mountain Coffee Roasters and The Original Donut Shop. In addition to coffee, Keurig's product line also includes single-serve brewing systems for other hot beverages like teas and hot chocolates.