Keurig Dr Pepper fourth-quarter sales climbed higher as the company sold more beverages at higher prices, even as the company swung to a loss.

Beverage company Keurig Dr Pepper (NASDAQ:KDP) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 5.2% year on year to $4.07 billion. Its non-GAAP profit of $0.58 per share was in line with analysts’ consensus estimates.

Keurig Dr Pepper, known for popular beverages such as Dr Pepper, Snapple, and the Keurig coffee system, operates in a highly competitive market with notable peers like Coca-Cola and PepsiCo. The company's strategy centers around leveraging its diverse brand portfolio,