DOCSLIB.ORG

Keurig Dr Pepper Annual Report 2021

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Keurig Dr Pepper Annual Report 2021 Keurig Dr Pepper Annual Report 2021 Form 10-K (NASDAQ:KDP) Published: February 25th, 2021 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-33829 kdp-20201231_g1.jpg Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) Delaware 98-0517725 (State or other jurisdiction of incorporation or organization) (I.R.S. employer identification number) 53 South Avenue Burlington, Massachusetts 01803 (Address of principal executive offices) (781) 418-7000 (Registrant's telephone number, including area code) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer", "accelerated filer", "smaller reporting company", and "emerging growth company" in Rule 12b-2 of the Securities Exchange Act of 1934. Large Accelerated Filer ☒ Accelerated Filer ☐ Non-Accelerated Filer ☐ Smaller Reporting Company ☐ Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Securities Exchange Act of 1934).Yes ☐ No ☒ Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common stock KDP The Nasdaq Stock Market LLC As of June 30, 2020, the last business day of the registrant's most recently completed second fiscal quarter, the aggregate market value of the registrant's common equity held by non- affiliates of the registrant (treating directors, executive officers and beneficial owners of 10% or more of the registrant’s common stock outstanding as of that date, for this purpose, as affiliates) was approximately $13.7 billion (based on the closing sales price of the registrant's common stock on that date). As of February 23, 2021, there were 1,407,267,272 shares of the registrant's common stock, par value $0.01 per share, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant's definitive proxy statement to be filed with the Securities and Exchange Commission in connection with the registrant's Annual Meeting of Stockholders are incorporated by reference in Part III. KEURIG DR PEPPER INC. FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2020 Page PART I Item 1 Business 1 Item 1A Risk Factors 10 Item 1B Unresolved Staff Comments 20 Item 2 Properties 21 Item 3 Legal Proceedings 21 Item 4 Mine Safety Disclosures 21 PART II Item 5 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 22 Item 6 [Removed and Reserved] Item 7 Management's Discussion and Analysis of Financial Condition and Results of Operations 23 Item 7A Quantitative and Qualitative Disclosures About Market Risk 46 Item 8 Financial Statements and Supplementary Data 47 Item 9 Changes in and Disagreements with Accountants on Accounting and Financial Disclosures 103 Item 9A Controls and Procedures 103 Item 9B Other Information 103 PART III Item 10 Directors, Executive Officers and Corporate Governance 103 Item 11 Executive Compensation 103 Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 103 Item 13 Certain Relationships and Related Transactions and Director Independence 103 Item 14 Principal Accountant Fees and Services 103 PART IV Item 15 Exhibits and Financial Statement Schedules 105 KEURIG DR PEPPER INC. FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2020 MASTER GLOSSARY Term Definition 2009 Incentive Plan Keurig Dr Pepper Inc. Omnibus Incentive Plan of 2009 (formerly known as the Dr Pepper Snapple Group, Inc. Omnibus Stock Incentive Plan of 2009) 2019 Incentive Plan Keurig Dr Pepper Inc. Omnibus Incentive Plan of 2019 2018 KDP Term Loan The $2.4 billion term loan executed in conjunction with the DPS Merger on February 23, 2018 and refinanced with the 2019 KDP Term Loan on February 8, 2019 2019 KDP Term Loan The $2 billion term loan executed on February 8, 2019 in order to refinance the 2018 KDP Term Loan 2019 364-Day Credit Agreement The Company's $750 million credit agreement, which was entered into on May 29, 2019 and terminated on April 14, 2020 2020 364-Day Credit Agreement The Company's $1,500 million credit agreement, which was entered into on April 12, 2020 and replaced the 2019 364-Day Credit Agreement A Shoc Adrenaline Shoc, an equity method investment of KDP and a brand of energy drinks ABC The American Bottling Company, a wholly-owned subsidiary of KDP ABI Anheuser-Busch InBev SA/NV AOCI Accumulated other comprehensive income or loss ASU Accounting Standards Update Bedford Bedford Systems, LLC, an equity method investment of KDP and the maker of Drinkworks Big Red Big Red Group Holdings, LLC Big Red Acquisition The acquisition of Big Red by KDP Board The Board of Directors of KDP BodyArmor BA Sports Nutrition, LLC bps basis points Central States The Central States, Southeast and Southwest Areas Pension Fund Coca-Cola The Coca-Cola Company Core Core Nutrition LLC Core Acquisition The acquisition of Core by KDP in 2018 Costco Costco Wholesale Corporation CSD Carbonated soft drink DIO Days inventory outstanding DPO Days of payables outstanding DPS Dr Pepper Snapple Group, Inc. DPS Merger The combination of the business operations of Keurig and DPS that was consummated on July 9, 2018 through a reverse merger transaction, whereby a wholly-owned special purpose merger subsidiary of DPS merged with and into the direct parent of Keurig DPS Merger Date July 9, 2018 DSD Direct Store Delivery, the reporting unit whereby finished beverages are delivered directly to retailers DSO Days sales outstanding EPS Earnings per share Exchange Act Securities Exchange Act of 1934, as amended FASB Financial Accounting Standards Board FX Foreign exchange IRi Information Resources, Inc. IRS Internal Revenue Service JAB JAB Holding Company S.a.r.l., and affiliates JPMorgan JPMorgan Chase Bank, N.A. KDP Credit Agreements Collectively, the KDP Revolver, the 364-day credit agreements, and term loans KDP Revolver The Company's $2,400 million revolving credit facility, which was entered into on February 28, 2018 Keurig Keurig Green Mountain, Inc., and the brand of our brewers KEURIG DR PEPPER INC. FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2020 LIBOR London Interbank Offered Rate LifeFuels LifeFuels, Inc., an equity method investment Nasdaq The Nasdaq Stock Market LLC NCB Non-carbonated beverage Notes Collectively, the Company's senior unsecured notes NPD The NPD Group's Total Market Dataset NYSE New York Stock Exchange PCI Standard Payment Card Industry Data Security Standard PepsiCo PepsiCo, Inc. Peet's Peet's Coffee & Tea, Inc. PET Polyethylene terephthalate, which is used to make the Company's plastic bottles PRMB Post-retirement medical benefit Proposition 65 The State of California's Safe Drinking Water and Toxic Enforcement Act of 1986 Proxy Statement The definitive proxy statement for the Annual Meeting of Stockholders to be filed with the SEC within 120 days of December 31, 2020, pursuant to Regulation 14A under the Exchange Act PSU Performance stock unit RSU Restricted stock unit RTD Ready to drink S&P Standard & Poors SEC Securities and Exchange Commission SG&A Selling, general and administrative TCJA Legislation commonly known as the Tax Cuts and Jobs Act of 2017 U.S. GAAP Accounting principles generally accepted in the U.S. Veyron SPE Veyron NE Beverage Licensing LLC VIE Variable interest entity Walmart Walmart Inc. Warehouse Direct, the reporting unit whereby finished beverages are shipped to retailer warehouses, and then delivered by the WD retailer through its own delivery system to its stores WIP Work-in-process References throughout this Annual Report on Form 10-K to "we", "our", "KDP" or "the Company" refer to Keurig Dr Pepper Inc. and all wholly-owned subsidiaries included in our audited Consolidated Financial Statements.
Load more

Recommended publications
  • 2016 Social Ceo Report
    2016 SOCIAL CEO REPORT Are Fortune 500 CEOs as digitally engaged as they should be? #socialceo SPONSORED BY: EXECUTIVE SUMMARY / 03 MAJOR FINDINGS / 04 LINKEDIN / 07 TWITTER / 08 FACEBOOK / 09 INSTAGRAM / 10 YOUTUBE AND GOOGLE+ / 11 YEAR-OVER-YEAR ANALYSIS / 12 ABOUT THE RESEARCH / 13 THE CHALLENGE / 14 A WORD FROM OUR SPONSOR / 15 HOW WE DID IT We identifed the social profles of every CEO on the Fortune 500 list across the six most popular networks: Twitter, Facebook, LinkedIn, Google+, Instagram, and YouTube. We weighed the legitimacy of these social profles against a strict set of criteria to ensure consistency in reporting. You can read more about our methodology at the end of the report. EXECUTIVE SUMMARY 2016 has been an interesting year Despite calls from many social media for the leading social media channels evangelists for CEOs to increase their as they vie for subscribers and use of social media, not much has infuencers, to grow advertising changed since 2015. While LinkedIn’s revenues. The past year has seen Infuencer program seems to be the strategic acquisition of LinkedIn gaining traction with CEOs, and by Microsoft. Meanwhile, YouTube Twitter use is also on the rise, continued to evolve and grow as a Facebook, Google+, Instagram, and streaming video platform, with YouTube remain the top choices for potential competitors—Facebook Live, corporate marketing teams to present LinkedIn Infuencer videos, Twitter’s corporate messaging. Periscope—vying to capture users. LinkedIn remains the frst channel CEOs adopt, followed by Twitter. 60% of Fortune 500 CEOs have LinkedIn’s Infuencer program no social media presence at all, features some of the most active compared to 61% in 2015.
    [Show full text]
  • The Top 5G Stock to Buy in 2019 the 5G Stock We Love for 2019 Is Canada-Based Telus Corp
    Contents INTRODUCTION Page i 2019 Will Bring Unprecedented Moneymaking Opportunities CHAPTER 1 Page 1 The Seven “No-Brainer” Stocks to Buy in 2019 – Plus Our “Wild Card” Pick CHAPTER 2 Page 12 The Only Stock to Own Ahead of the $1.3 Trillion 5G Revolution CHAPTER 3 Page 17 How to Turn Water Scarcity into a 40% – Plus Gain CHAPTER 4 Page 22 The Secret Way to Profit from the 11 “Unicorn” IPOs Slated for 2019 CHAPTER 5 Page 35 The Cryptocurrency with 1,000% Growth Potential CHAPTER 6 Page 40 Five Income Stocks with Double-Digit Growth Ahead CHAPTER 7 Page 47 Bank 145% Gains in the Biggest Year Yet for Cannabis Investors CHAPTER 8 Page 52 The Three Trendy Stocks to Avoid in 2019 MONEY MORNING THE ULTIMATE MONEY MAKING GUIDE FOR 2019 Introduction: 2019 Will Bring Unprecedented Moneymaking Opportunities Here at Money Morning, we have one goal: to make investing profitable. In 2018 alone, our readers had the chance to book gains of 333%, 440%, and even 478% on stock trades that came from our research. We also kept our readers at the forefront of the hottest investing trends, like cannabis legalization. After we told Money Morning subscribers about top cannabis pick Tilray Inc., the stock soared 262%. But you wouldn’t know these opportunities were out there from listening to mainstream financial news… Cable news focused on the trade war as major indexes struggled to stay in the black. And Wall Street pundits couldn’t stop talking about the evils of Facebook as it slid 24% this year.
    [Show full text]
  • 400 Refreshing Punch Recipes
    TABLE OF CONTENTS 1. Yellow Fruit Punch 2. Zesty Punch Sipper 3. Wassail Punch 4. Watermelon Punch 5. What Hit Me Punch 6. Whisky Punch 7. White Grape~ Tangerine~ & Asti-Spumante Punch 8. White House Pink Fruit Punch (En) 9. White Sangria Punch (Nonalcholic) 10. "No Punch" Champagne 11. "Sting-Like-A-Bee" Punch 12. 1, 2, 3, Punch 13. 4-Fruit Wedding Punch 14. 7-Up Punch 15. Alkoholfreier Planter`s Punch 16. Aloha Fruit Punch 17. Amber Cider Punch 18. Amelia Island Punch 19. Angelfrost Punch 20. Annie's Rosemary Fruit Punch 21. Apple Orchard Punch 22. Apple Slush Punch 23. Apricot Punch 24. Apricot Mist Punch 25. Artillery Punch 26. Artillerymen's Punch 27. Atlanta Coffee Ice Cream Punch 28. Aunt Cindy's Punch 29. Aunt Louise's Wassail Punch 30. Autumn Apple Punch 31. Autumn Punch 32. Aztec Punch 33. Banana Punch 34. Banana-Orange-Pineapple Punch 35. Becky's Wedding Punch 36. Bernice's Holiday Punch 37. Berry Colada Punch 38. Billy Clude Punch 39. Brandy Milk Punch 40. Bridal Fruit Punch (Non-Alcholic) 41. Bridal Sweet Punch 42. Brides Lunch Punch 43. Brown Cow Punch 44. Bubbling Jade Punch 45. Canadian Punch 46. Caribbean Guava Punch 47. Champagne Fruit Punch 48. Champagne Punch 49. Chatham Artillery Punch 50. Cheery Cherry Punch 51. Cherry Tea Punch 52. Chocolate Punch 53. Christmas Cherry Berry Punch 54. Christmas Cranberry Punch 55. Christmas Party Punch 56. Christmas Rum Punch 57. Christmas Snow Punch 58. Cider And Brandy Punch 59. Cider Fruit Punch A La Normande 60. Cider Punch 61.
    [Show full text]
  • Keurig to Acquire Dr Pepper Snapple for $18.7Bn in Cash
    Find our latest analyses and trade ideas on bsic.it Coffee and Soda: Keurig to acquire Dr Pepper Snapple for $18.7bn in cash Dr Pepper Snapple Group (NYSE:DPS) – market cap as of 17/02/2018: $28.78bn Introduction On January 29, 2018, Keurig Green Mountain, the coffee group owned by JAB Holding, announced the acquisition of soda maker Dr Pepper Snapple Group. Under the terms of the reverse takeover, Keurig will pay $103.75 per share in a special cash dividend to Dr Pepper shareholders, who will also retain 13 percent of the combined company. The deal will pay $18.7bn in cash to shareholders in total and create a massive beverage distribution network in the U.S. About Dr Pepper Snapple Group Incorporated in 2007 and headquartered in Plano (Texas), Dr Pepper Snapple Group, Inc. manufactures and distributes non-alcoholic beverages in the United States, Mexico and the Caribbean, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, mineral and coconut water, and mixers, as well as manufactures and sells Mott's apple sauces. The company sells its flavored CSD products primarily under the Dr Pepper, Canada Dry, Peñafiel, Squirt, 7UP, Crush, A&W, Sunkist soda, Schweppes, RC Cola, Big Red, Vernors, Venom, IBC, Diet Rite, and Sun Drop; and NCB products primarily under the Snapple, Hawaiian Punch, Mott's, FIJI, Clamato, Bai, Yoo- Hoo, Deja Blue, ReaLemon, AriZona tea, Vita Coco, BODYARMOR, Mr & Mrs T mixers, Nantucket Nectars, Garden Cocktail, Mistic, and Rose's brand names.
    [Show full text]
  • Dr Pepper Snapple Group Transforms Its Category Management Process
    Case study Allocation and Space Dr Pepper Snapple Group Transforms Its Category Management Process On the category management improvement “Our space methodology paired with Blue Yonder’s space planning capability optimizes days of supply and increases inventory turns on an item-by-item basis, which results in a reduction in excess inventory and a boost in cash 99% flow for the retailer. We can also reset our retail customers’ planograms improved accuracy twice a year or more, which many of our competitors just can’t handle.” - Director, Category Management, Dr Pepper Snapple Group Challenges • Dr Pepper Snapple Group (DPS) is one of North America’s leading refreshment beverage companies. The company sells its diverse and 15x popular soft drinks to top franchise businesses like Coca-Cola, Pepsi and reduction in labor hours other independent bottling companies throughout North America. With to maintain and update category management a core competency, the beverage company’s space, planograms assortment and speed-to-insight capabilities are continuously evolving. • DPS was challenged to mass produce store-specific planograms on a large scale to meet the changing needs of their retail customers without draining their time and resources. • The company’s goals were to improve the accuracy rate, increase efficiency, boost retail partnerships without increasing headcount and reducing excess inventory to achieve increased cash flow. On speeding up planogram production The Category Manager stated, “In order to increase our retail partnerships and categories without increasing headcount, we implemented proven solutions that would support our new approach to space management and help us speed up the planogram creation process.” The Blue Yonder solution automated the large-scale production of Blue Yonder’s expertise optimized, store-specific planograms, increasing Dr Pepper Snapple Group’s accuracy rate to 99 percent.
    [Show full text]
  • Fund Holdings As of 6/30/2021 Massmutual Balanced Fund Invesco Prior to 5/1/2021, the Fund Name Was Massmutual Premier Balanced Fund
    Fund Holdings As of 6/30/2021 MassMutual Balanced Fund Invesco Prior to 5/1/2021, the Fund name was MassMutual Premier Balanced Fund. Fund Shares or Par Position Market Security Name Ticker CUSIP Weighting % Amount Value Apple Inc AAPL 037833100 3.91 48,433 6,633,384 Microsoft Corp MSFT 594918104 3.45 21,552 5,838,437 USTREAS T-Bill Auction Ave 3 Mon 1.69 2,862,977 JPMorgan Chase & Co JPM 46625H100 1.56 16,948 2,636,092 Verizon Communications Inc VZ 92343V104 1.45 43,768 2,452,321 The Home Depot Inc HD 437076102 1.42 7,556 2,409,533 Intel Corp INTC 458140100 1.29 38,961 2,187,271 Procter & Gamble Co PG 742718109 1.04 13,105 1,768,258 Cisco Systems Inc CSCO 17275R102 1.03 32,830 1,739,990 UnitedHealth Group Inc UNH 91324P102 1.00 4,215 1,687,855 Comcast Corp Class A CMCSA 20030N101 0.94 28,021 1,597,757 AT&T Inc T 00206R102 0.91 53,587 1,542,234 Oracle Corp ORCL 68389X105 0.83 18,031 1,403,533 Deere & Co DE 244199105 0.76 3,635 1,282,101 Accenture PLC Class A ACN G1151C101 0.74 4,237 1,249,025 Johnson Controls International PLC JCI G51502105 0.74 18,185 1,248,037 Visa Inc Class A V 92826C839 0.71 5,152 1,204,641 Texas Instruments Inc TXN 882508104 0.70 6,128 1,178,414 Costco Wholesale Corp COST 22160K105 0.67 2,850 1,127,660 Bank of America Corp BAC 060505104 0.64 26,192 1,079,896 Broadcom Inc AVGO 11135F101 0.63 2,223 1,060,015 Abbott Laboratories ABT 002824100 0.57 8,348 967,784 Target Corp TGT 87612E106 0.56 3,949 954,631 Honeywell International Inc HON 438516106 0.56 4,324 948,469 Goldman Sachs Group Inc GS 38141G104 0.53 2,374 901,004
    [Show full text]
  • Dr Pepper Snapple Group, Inc. – Name/Symbol/Cusip Change Futures Symbol: Dps1d New Symbol: Kdp1d Date: 7/10/18
    #43331 DATE: JULY 9, 2018 SUBJECT: DR PEPPER SNAPPLE GROUP, INC. – NAME/SYMBOL/CUSIP CHANGE FUTURES SYMBOL: DPS1D NEW SYMBOL: KDP1D DATE: 7/10/18 The Options Clearing Corporation (OCC) has been informed that Dr Pepper Snapple Group, Inc. (DPS) will change its name, trading symbol and CUSIP to Keurig Dr Pepper Inc. (KDP), CUSIP 49271V100. As a result, futures symbol DPS1D will also change to KDP1D effective at the opening of business on July 10, 2018. All other terms will not change. Clearing Member input to OCC must use the new futures symbol KDP1D commencing July 10, 2018. DATE: July 10, 2018 FUTURES SYMBOL: DPS1D changes to KDP1D UNDERLYING SECURITY: DPS changes to KDP MULTIPLIER: 100 (e.g. 1 equals $100) NUMBER OF CONTRACTS: Unchanged DELIVERABLE PER CONTRACT: 100 Keurig Dr Pepper Inc. (KDP) Common Shares CUSIP: (New) 49271V100 DISCLAIMER This Information Memo provides an unofficial summary of the terms of corporate events affecting listed options or futures prepared for the convenience of market participants. OCC accepts no responsibility for the accuracy or completeness of the summary, particularly for information which may be relevant to investment decisions. Option or futures investors should independently ascertain and evaluate all information concerning this corporate event(s). The determination to adjust options and the nature of any adjustment is made by a panel of The OCC Securities Committee pursuant to OCC By-Laws, Article VI, Sections 11 and 11A. The adjustment panel is comprised of representatives from OCC and each exchange which trades the affected option. The determination to adjust futures and the nature of any adjustment is made by OCC pursuant to OCC By- Laws, Article XII, Sections 3, 4, or 4A, as applicable.
    [Show full text]
  • Quaker Sees an ROI of Over 6X by Reaching Amazon Shoppers on Amazon and Across the Web1
    Case Study Amazon.com | Amazon Advertising Platform (AAP) Quaker sees an ROI of over 6X by reaching Amazon shoppers on Amazon and across the web1 The Quaker Oats company, a leading manufacturer of packaged grocery The AMG Solution foods and subsidiary of PepsiCo, Inc., worked with Amazon Media Quaker and AMG launched a campaign using custom Group (AMG) to drive purchase considerations and sales of Quaker coupon ads that ran on Amazon.com and amplified Oatmeal Squares Cereal. They assumed the AMG campaign would campaign reach with the Amazon Advertising Platform deliver on their objectives on Amazon, but they were also interested (AAP). The AMG campaign also revealed exact groups in learning what effect the campaign would have on offline sales in of Amazon customers who were who were most likely traditional brick and mortar stores. Through a mix of standard AMG to take action after exposure to their ads such as those post-campaign measurements and AMG’s partnership with Nielsen who were in-market for other grocery products. With HomeScan, Quaker was able to better understand the effect of their carefully targeted ads served across Amazon and campaign on key success metrics – both on and offline. AAP, Quaker maximized exposure among groups that mattered most, yielding a strong ROI. Online Success Metrics Total Campaign ROI For every $1 spent on advertising with Amazon, Quaker recognized over $6 in incremental sales Offline Sales Boost ¡ 26% lift in offline sales as a result of the on-Amazon portion of the campaign ¡ 29% lift in offline sales as a result of the AAP portion of the campaign On-Amazon Success Metrics On average, users who were exposed to Quaker ads were: ¡ 5x more likely to consider Quaker Oatmeal Squares versus those who weren’t ¡ Almost 2x more likely to purchase Quaker Oatmeal Squares versus those who weren’t About The Quaker Oats Company: The Quaker Oats Company, headquartered in Chicago, is a Methodology unit of PepsiCo, Inc., one of the world’s largest consumer packaged goods companies.
    [Show full text]
  • PDF Product Guide
    05/24/21 To Place an Order, Call (207)947-0321 Fax: (207)947-0323 ITEM # DESCRIPTION PACK ITEM # DESCRIPTION PACK COCKTAIL MIXES COFFEE FLAVORED 14678 ROLAND OLIVE JUICE DIRTY*MARTIN 12/25.4OZ 10927 MAINE'S BEST COFFEE JAMAICAN ME CRAZY 2 24/2.25OZ 2008 OCEAN SPRAY DRINK MIX BLOODY MARY 12/32 OZ 11282 MAINE'S BEST COFFEE VACATIONLND VANILLA 24/2.25OZ 26628 MAYSON'S MARGARITA MIX ON THE ROCKS 4/1 GAL 11516 MAINE'S BEST COFFEE HARBORSIDE HAZELNUT 24/2.25OZ 26633 MAYSON'S MARGARITA MIX FOR FROZEN 4/1 GAL 83931 NewEngland COFFEE REG FRNCH VAN CRAZE 24/2.5OZ 26634 MAYSON'S MARGARITA STRAWBERRY PUREE 4/1 GAL 83933 NewEngland COFFEE REG HAZELNUT CRAZE 24/2.5OZ 26637 MAYSON'S MARGARITA RASPBERRY PUREE 4/1 GAL 83939 NewEngland COFFEE REG PUMPKIN SPICE 24/2.5OZ 26639 MAYSON'S MARGARITA PEACH PUREE 4/1 GAL 83940 NewEngland COFFEE REG CINNAMON STICKY B 24/2.5OZ 26640 MAYSON'S MARGARITA WATERMELON PUREE 4/1 GAL 26724 MAYSON'S MARGARITA MANGO PUREE 4/1 GAL 83831 Packer DRINK MIX LEMON POWDER 12/1GAL COFFEE REGULAR 83890 COCO LOPEZ DRINK MIX CREAM COCONUT 24/15oz 10444 MAXWELL HOUSE COFFEE HOTEL & REST 112/1.6OZ 84011 Rose's SYRUP GRENADINE 12/1LTR 10479 Folgers COFFEE LIQ 100% COLOMBIAN 2/1.25L 10923 MAINE'S BEST COFFEE REG ACADIA BLEND 2O 42/2OZ 10924 MAINE'S BEST COFFEE REG COUNTY BLEND 1. 42/1.5OZ CAPPUCCINO 10930 MAINE'S BEST COFFEE REG DWNEAST DARK 2. 24/2.25OZ 90343 Int Coffee CAPPUCCINO FRENCH VAN 6/2LB 1410 Maxwellhse COFFEE REGULAR MASTERBLEND 64/3.75 OZ 23529 MAINE'S BEST COFFEE SEBAGO BLEND 42/2.25OZ 23531 NEW ENGLAND COFFEE EXTREME KAFFEINE
    [Show full text]
  • Jaimesen Heins Keurig Dr Pepper Waterbury, Vermont As Senior
    Jaimesen Heins Keurig Dr Pepper Waterbury, Vermont As Senior Counsel – Operations & Commercial Litigation to Keurig Dr Pepper, Mr. Heins supports global commercial operations matters for the business, with a focus on commercial litigation, contract negotiation and advisory responsibilities. Mr. Heins provides strategic business advice and partners with company leaders to meet the needs of Keurig Dr Pepper’s business. Mr. Heins previously served as General Counsel to Burton Snowboards, overseeing all legal affairs of the company, including corporate governance, commercial transactions, intellectual property, brand licensing, real estate, employment, regulatory and litigation matters. Keurig Dr Pepper (NYSE: KDP) is a leading coffee and beverage company in North America, with annual revenue in excess of $11 billion. Formed in 2018 with the merger of Keurig Green Mountain and Dr Pepper Snapple Group, we have leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and we market the #1 single serve coffee brewing system in the U.S. We have an unrivaled distribution system that enables our portfolio of more than 125 owned, licensed and partner brands to be available nearly everywhere people shop and consume beverages. With a wide range of hot and cold beverages that meet virtually any consumer need, KDP key brands include Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott’s® and The Original Donut Shop®. We have more than 25,000 employees and more than 120 offices, manufacturing plants, warehouses and distribution centers across North America. .
    [Show full text]
  • OLSTEIN ALL CAP VALUE FUND SCHEDULE of INVESTMENTS March 31, 2021 (Unaudited) COMMON STOCKS - 84.7% Shares Value Advertising Agencies - 1.4% Omnicom Group, Inc
    OLSTEIN ALL CAP VALUE FUND SCHEDULE OF INVESTMENTS March 31, 2021 (Unaudited) COMMON STOCKS - 84.7% Shares Value Advertising Agencies - 1.4% Omnicom Group, Inc. 140,000 $ 10,381,000 Aerospace & Defense - 1.9% L3Harris Technologies, Inc. 39,000 7,904,520 Raytheon Technologies Corporation 77,000 5,949,790 13,854,310 Air Delivery & Freight Services - 2.4% FedEx Corporation 35,000 9,941,400 United Parcel Service, Inc. - Class B 45,000 7,649,550 17,590,950 Airlines - 2.1% Delta Air Lines, Inc. (a) 158,000 7,628,240 JetBlue Airways Corporation (a) 353,000 7,180,020 14,808,260 Auto Manufacturers - 1.0% General Motors Company (a) 129,000 7,412,340 Beverages - 0.6% Keurig Dr Pepper, Inc. (b) 124,000 4,261,880 Building Products - 1.2% Carrier Global Corporation 198,000 8,359,560 Capital Markets - 1.4% Goldman Sachs Group, Inc. 31,500 10,300,500 Chemicals - 1.8% Corteva, Inc. 201,000 9,370,620 Eastman Chemical Company 31,000 3,413,720 12,784,340 Commercial Banks - 5.8% Citizens Financial Group, Inc. 154,000 6,799,100 Fifth Third Bancorp 228,000 8,538,600 Prosperity Bancshares, Inc. 68,000 5,092,520 U.S. Bancorp 181,000 10,011,110 Wells Fargo & Company 280,000 10,939,600 41,380,930 Commercial Services - 1.6% Moody's Corporation 18,500 5,524,285 S&P Global, Inc. 17,000 5,998,790 11,523,075 Communications Equipment - 1.9% Cisco Systems, Inc. 266,000 13,754,860 Computers - 1.9% Apple, Inc.
    [Show full text]
  • Introducing Keurig Dr Pepper
    Introducing Keurig Dr Pepper Investor Presentation Creating a New Challenger In the Beverage Industry Highly Confidential January 2018 Forward Looking Statements Certain statements contained herein are “forward-looking statements” within the meaning of applicable securities laws and regulations. These forward-looking statements can generally be identified by the use of words such as “anticipate,” “expect,” “believe,” “could,” “estimate,” “feel,” “forecast,” “intend,” “may,” “plan,” “potential,” “project,” “should,” “will,” “would,” and similar words, phrases or expressions and variations or negatives of these words, although not all forward-looking statements contain these identifying words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements regarding the estimated or anticipated future results of the combined company following the proposed merger, the anticipated benefits of the proposed merger, including estimated synergies, the expected timing of completion of the proposed merger and related transactions and other statements that are not historical facts. These statements are based on the current expectations of Keurig Green Mountain Parent Holdings Corp. and Dr Pepper Snapple Group, Inc. management and are not predictions of actual performance. These forward-looking statements are subject to a number of risks and uncertainties regarding the combined company’s business and the proposed merger and actual results may differ materially. These risks and uncertainties
    [Show full text]