Keurig Dr Pepper Non-GAAP EPS of $0.39 in-line, revenue of $3.55B beats by $170M
Keurig Dr Pepper press release (NASDAQ:KDP): Q2 Non-GAAP EPS of $0.39 in-line.
Revenue of $3.55B (+13.1% Y/Y)  beats by $170M.
Operating cash flow in the second quarter of 2022 totaled $676 million and free cash flow totaled $599 million.
During the quarter, the Company repurchased approximately 2.5 million KDP shares for a total cost of $87.6 million, at an average price per share of $34.51.

KDP raised its guidance for 2022 constant currency net sales growth to the low-double-digit range and reaffirmed its guidance for Adjusted EPS growth in the mid-single-digit range. The Company continues to expect Adjusted EPS growth in the second half of the year to reach the high-single-digit range, driven largely by the fourth quarter.