Keurig Dr Pepper Inc. (KDP) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.094 Good morning, ladies and gentlemen, and thank you for standing by. 00:00:03.094 -- 00:00:08.640 Welcome to Keurig Dr. Pepper's earnings call for the first quarter of 2025. 00:00:08.640 -- 00:00:12.845 Should you need assistance, please signal a conference specialist by pressing the star 00:00:12.845 -- 00:00:17.890 key followed by zero. This conference call is being recorded, and there will be a 00:00:17.890 -- 00:00:20.994 question and answer session at the end of the call. 00:00:20.994 -- 00:00:25.519 To ask a question, you may press star then one on your telephone keypad. 00:00:25.519 -- 00:00:29.258 To withdraw your question, please press star then two. 00:00:29.258 -- 00:00:35.004 I would now like to introduce current Dr. Pepper's Senior Vice President of Finance, 00:00:35.004 -- 00:00:39.229 Jane Gelfand. Ms. Gelfand, please go ahead. 00:00:39.229 -- 00:00:41.992 Thank you and hello everyone. 00:00:41.992 -- 00:00:47.338 Earlier this morning, we issued two separate press releases detailing first 00:00:47.338 -- 00:00:52.564 quarter results and announcing the appointment of new independent directors 00:00:52.564 -- 00:00:54.827 to our board of directors. 00:00:54.827 -- 00:00:59.481 We will discuss these topics during this conference call and in the accompanying slide 00:00:59.481 -- 00:01:05.285 presentation that can be tracked in real time on the live webcast. 00:01:05.447 -- 00:01:10.471 Before we get started, I'd like to remind you that our remarks will include forward-looking 00:01:10.471 -- 00:01:15.696 statements which reflect KDP's judgment, assumptions, and analysis only 00:01:15.696 -- 00:01:21.862 as of today. Our actual results may differ materially from current expectations 00:01:21.862 -- 00:01:26.498 based on a ...