By Nicholas G. Miller

Keurig Dr Pepper reported a higher third-quarter profit and raised its full-year sales outlook, as tariffs boost coffee prices.

The beverage company reported net income of $662 million, or 49 cents a share, up from $616 million, or 45 cents a share, the year prior.

Adjusted earnings were 54 cents a share, in line with analysts' expectations, according to FactSet.

Sales rose 11% to $4.31 billion, beating Wall Street's forecast of $4.15 billion.

Sales from the company's U.S. coffee division ticked up 1.5% to $991 million, boosted by higher prices, which offset a 4% decline in volume.

The company upped its full-year sales growth guidance to be in the high-single-digit range, up from its previous outlook of mid-single-digits.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

October 27, 2025 06:38 ET (10:38 GMT)

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