Keurig Dr Pepper Inc. (KDP) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.095 Good morning, ladies and gentlemen, and thank you for standing by. 00:00:03.095 -- 00:00:09.482 Welcome to Keurig Dr. Pepper's earnings call for the first quarter of 2026. 00:00:09.545 -- 00:00:13.991 This conference call is being recorded, and there will be a question and answer session 00:00:13.991 -- 00:00:16.274 at the end of the call. 00:00:16.274 -- 00:00:21.321 I would now like to introduce Chetan Malala, Vice President of 00:00:21.321 -- 00:00:26.506 Investor Relations at Keurig Dr. Pepper. Please go ahead. 00:00:27.350 -- 00:00:32.275 Thank you, and hello, everyone. Earlier this morning, we issued a press release detailing 00:00:32.275 -- 00:00:37.142 our first quarter 2026 results, which we will discuss on today's call. 00:00:37.142 -- 00:00:41.669 An accompanying slide presentation is available and can be viewed in real time on the 00:00:41.669 -- 00:00:43.251 webcast. 00:00:43.251 -- 00:00:47.157 Before we get started, I'd like to remind you that our remarks will include forward-looking 00:00:47.157 -- 00:00:52.344 statements, which reflect KDP's judgment, assumptions, and analysis only 00:00:52.344 -- 00:00:58.250 as of today. Our actual results may differ materially from current expectations 00:00:58.250 -- 00:01:01.894 based on a number of factors affecting KDP's business. 00:01:01.894 -- 00:01:07.279 Except as required by law, we do not undertake any obligation to update any forward-looking 00:01:07.279 -- 00:01:12.904 statements discussed today. For more information, please refer to our earnings release 00:01:12.904 -- 00:01:18.210 and the risk factors discussed in our most recent Form 10-K and our latest 10-Q, 00:01:18.210 -- 00:01:22.273 which will be filed with the SEC later today. 00:01:22.273 -- 00:01:27.814 C...