Keurig Dr Pepper Inc. entered into definitive agreements to sell its entire equity stake in Chobani for $800 million, comprising $400 million in cash and a $400 million promissory note maturing December 26, 2026. Additionally, the company will sell leasehold interests in two Allentown, Pennsylvania facilities to Chobani for $125 million. The transactions are expected to close in the third quarter of 2026 and generate approximately $925 million in pre-tax proceeds, which Keurig Dr Pepper intends to use for debt reduction. Concurrently, the companies are expanding their commercial partnership, with Keurig Dr Pepper continuing to distribute Chobani's ready-to-drink beverages through its direct store delivery network and maintaining licensing agreements for La Colombe K-Cup pods. Keurig Dr Pepper Inc. is a leading beverage company operating in the North American refreshment and global coffee markets.

On August 10, 2026, the Board of Directors appointed Aaron Alt as an independent director, increasing the board size to ten members effective August 14, 2026. Mr. Alt was also assigned to the Audit and Finance Committee on the same date. Keurig Dr Pepper Inc. operates in the beverage industry, manufacturing and distributing coffee, tea, and other beverages.

Keurig Dr Pepper Inc. reported second quarter 2026 financial results on August 6, 2026, announcing net sales of $7.31 billion, a 75.6% increase driven by the April 1 acquisition of JDE Peet’s. Adjusted diluted EPS rose 16.3% to $0.57, while GAAP diluted EPS fell 90.0% to $0.04 due to acquisition-related costs and integration expenses. The company reaffirmed its full-year 2026 guidance for constant currency net sales of $25.9-$26.4 billion and low-double-digit adjusted EPS growth, targeting a pro-forma management leverage ratio of approximately 4.1x at year-end. Operating cash flow was $895 million with free cash flow totaling $714 million. Keurig Dr Pepper Inc. operates in the beverage industry, manufacturing and distributing non-alcoholic ready-to-drink beverages and coffee products.

Angela Stephens, Senior Vice President, Controller and Principal Accounting Officer, announced her intention to retire on June 22, 2026. Her departure will follow the completion of the separation of the company's coffee and beverage businesses into two independent publicly traded companies. Ms. Stephens will assist leadership in establishing controller functions for both new entities to ensure a successful transition. Keurig Dr Pepper Inc. operates in the beverage industry, producing and distributing coffee and soft drink products.

Keurig Dr Pepper Inc. announced leadership updates and reaffirmed its 2026 guidance for net sales and constant currency Adjusted diluted EPS growth. Rafa Oliveira, head of the Coffee Operating Unit, will depart at the end of July 2026, and CEO Tim Cofer will oversee the coffee business during the search for a new CEO for the Global Coffee Co. entity. Keurig Dr Pepper Inc. is a beverage company that produces and distributes a variety of coffee and beverage products.