Principal Financial Group has grown its holdings in Keurig Dr Pepper (KDP). Over the last five years, KDP investors have seen 27% returns. Furthermore, Keurig Dr Pepper is set to acquire disruptive energy drink business GHOST for $990 million, signaling the company's strategic shift towards the energy drink market. The company has also appointed Drew Panayiotou as its Cheif Marketing Officer to bolster digital-first marketing. Keurig Dr Pepper stock has been underperforming in the consumer staples sector and has recently been fined $1.5m over misleading claims regarding K-Cup recyclability. The company continues to maintain steady shareholder returns through regular dividends. The future development and recovery of Keurig Dr Pepper remain eager to watch as it sets to strengthen national direct-store-delivery operations through strategic acquisitions.
Keurig Dr Pepper KDP News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Sat, 21 Dec 2024 10:29:03 GMT - Rating 5 - Innovation 3 - Information 7 - Rumor -3
