Is Keurig Dr Pepper a Fortune 500 company?
The companies are ranked by revenue for the 2019 fiscal year. Keurig Dr Pepper Inc. is the Massachusetts company with the biggest gain on the list, leaping up the list by 121 slots to No. 288.
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Keurig Dr Pepper net worth as of August 25, 2022 is $56.2B. Keurig Dr Pepper is a beverage and coffee company in the United States and Canada.
Keurig Dr Pepper (NASDAQ: KDP) is a leading beverage company in North America and the first to bring hot and cold beverages together at scale. Formed in 2018 with the merger of Keurig Green Mountain and Dr Pepper Snapple Group, Keurig Dr Pepper has annual revenue in excess of $11 billion and nearly 27,000 employees.
Description. Keurig Dr Pepper Inc. operates as a beverage company in the United States and internationally.
Dr Pepper – previously #11 on the rankings – is now in 8th​ place.
Is Keurig Dr Pepper a good company to work for? Keurig Dr Pepper has an overall rating of 3.3 out of 5, based on over 1,116 reviews left anonymously by employees. 51% of employees would recommend working at Keurig Dr Pepper to a friend and 48% have a positive outlook for the business.
On the first sip, you taste the splash of bold cherry. Then comes a light note of vanilla, and it's all wrapped in the authentic flavor of Dr Pepper. So where's the diet? Sorry, there's nothing diet about this delicious soda fountain blend.
Published by M. Ridder, Jan 13, 2022. This timeline shows the market share of the Dr Pepper brand in the United States from 2004 to 2020. In 2020, Dr Pepper brand's U.S. market share amounted to 8 percent.
| Glass bottle of Dr Pepper | |
|---|---|
| Type | Soft drink |
| Manufacturer | Keurig Dr Pepper (2008–present; United States only) The Coca-Cola Company (Europe and South Korea only) PepsiCo (Canada and Oceania only) |
| Distributor | Keurig Dr Pepper |
| Country of origin | United States |
It wasn't until the creation of root beer in 1876 that soda began to evolve into a drink option. Cola flavored soda entered the market shortly after in 1881. Dr Pepper was created in 1885 and believed to be the first soda as we know it today followed by Coca-Cola one year later.
What is Keurig Dr Pepper mission statement?
What is Keurig Dr Pepper's mission? Keurig Dr Pepper's mission statement is "At Dr Pepper Snapple Group, it is our vision to be the best beverage business in the Americas. Our brands have been synonymous with refreshment, fun and flavor for generations, and our sales are poised to keep growing in the future."
In July 2018, Keurig Green Mountain acquired Dr Pepper Snapple Group in a deal worth $18.7 billion. Legally, Dr Pepper Snapple Group was the surviving company; it remained publicly traded and changed its name to Keurig Dr Pepper. This created the third largest beverage company in North America.
In a much-anticipated acquisition deal, co*ke is paying Dr Pepper Snapple Group Inc $715 million for the right to sell Dr. Pepper and other soft drinks once co*ke acquires its biggest North American bottler.
- United States.
- Canada (English)
- Canada (Français)
ALABAMA: Dr Pepper
A tried-and-true classic, Dr Pepper (yes, it's stylized without the period) has many fans in Alabama. And while Alabamans may claim this soda now, its roots lie in Texas. A pharmacist invented the cinnamon-flavored soda in 1885 in Waco, Texas—there's even a Dr Pepper Museum in its honor.
Acquisition of Dr Pepper Snapple Group
In July 2018, Keurig Green Mountain acquired Dr Pepper Snapple Group in a deal worth $18.7 billion.
For the full year, U.S. households regularly using a Keurig brewer increased approximately 9% on top of similar growth in 2020. GAAP operating income increased 3.9% to $1.32 billion in 2021, compared to $1.27 billion in the year-ago period.
Current owner
The Coca-Cola Company owns the rights to Dr Pepper in Europe while PepsiCo the rights in Poland, Australia, New Zealand and Canada. In 2018, the group was acquired by Keurig for $18.7B and rebranded Keurig Dr Pepper.
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