Keurig Dr Pepper Reports 4.5% Net Sales Growth in 2020

Feb. 26, 2021
The beverage giant saw a 4.5% net sales increase to $11.62 Billion in 2020.

Earlier this week, Keurig Dr Pepper reported its financial results for the fourth quarter and full year, ended Dec. 31, 2020. The beverage company, saw a 4.5% net sales increase to $11.62 Billion in 2020.

The company attributes its growth, in part, to increased household adoption of Keurig systems, with approximately three million new U.S. households using the Keurig coffee system.

KDP also reported on its COVID-19-related operating costs, with $150 million going toward temporary compensation increases and incentives for front-line employees, as well as incremental health and safety measures, and enhanced sanitation expenses for each facility.

About the Author

Erin A. Hallstrom

Erin Hallstrom oversaw our digital content strategy for the Food Processing brand from 2008-2023. She is now the Associate Director of SEO Strategy for Endeavor Business Media, where she holds technical certifications in both website analytics and search engine optimization. Most recently, she was named the 2022 Marianne Dekker Mattera Award Winner

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