Keurig Dr Pepper U.S. Coffee Operating Income Jumps 34.6%
Third-quarter operating income rose 34.6% despite a 4.2% decline in net price realization. Volume/mix growth of 6.9% helped offset pricing weakness; tariff refunds and productivity savings were among the main drivers.
Keurig Dr Pepper's U.S. Coffee segment posted a 34.6% increase in third-quarter operating income even as net price realization fell 4.2%. Volume/mix growth of 6.9% helped offset the pricing weakness, the company says. The profit surge was driven largely by tariff refunds, productivity savings, and…