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Keurig DrPepper ™ X ! Keurig Dr Pepper Reports Strong Q2 2021 Results Company Delivers Double - Digit Growth in Net Sales and Earnings Per Share 2021 Guidance Raised for Net Sales and Reaffirmed for Adjusted diluted EPS BURLINGTON , MA and FRISCO , TX ( July 29 , 2021 ) - Keurig Dr Pepper Inc. ( NASDAQ : KDP ) today reported strong and balanced financial results for the second quarter ended June 30 , 2021. The Company also raised its 2021 guidance for constant currency net sales growth to a range of 6 % to 7 % , from the previous 4 % to 6 % , and reaffirmed its guidance for Adjusted diluted EPS growth in the range of 13 % to 15 % . Net Sales % vs prior year % vs prior year - constant currency % vs YTD 2019 - constant currency Diluted EPS % vs prior year % vs YTD 2019 Reported GAAP Basis Q2 2021 $ 3.14 bn 9.6 % $ 0.31 47.6 % YTD 2021 $ 6.04 bn 10.3 % $ 0.54 68.8 % 42.1 % Adjusted Basis Q2 2021 $ 3.14 bn 1 9.6 % 8.1 % $ 0.38 15.2 % 1 YTD 2021 $ 6.04 bn 10.3 % 9.4 % 13.4 % $ 0.71 14.5 % 29.1 % Commenting on the announcement , Chairman and CEO Bob Gamgort stated , " KDP delivered another strong quarter , as we successfully navigated a challenging macro environment marked by inflation , supply chain disruptions and a tight labor market . For the first six months of 2021 , we delivered 9 % revenue growth and nearly 15 % Adjusted diluted EPS growth . Notwithstanding the expectation for ongoing challenges to persist for some time , we are confident in our strengthened top - line outlook and plan to reinvest any profit upside back into the business . In addition , our commitment to achieve our three - year merger targets ending this year remains unchanged . " Second Quarter Consolidated Results Net sales for the second quarter of 2021 increased 9.6 % to $ 3.14 billion , compared to $ 2.86 billion in the year - ago period , driven by growth in each business segment , with Beverage Concentrates and Latin America Beverages posting strong double - digit growth . On a constant currency basis , net sales advanced 8.1 % in the quarter , reflecting higher volume / mix of 6.1 % and favorable net price realization of 2.0 % . For the first six months of 2021 , constant currency net sales advanced 13.4 % versus the first six months of 2019 . In LRB , KDP in - market performance in the quarter remaine strong , with retail dollar consumption² advancing 5.2 % across the Company's cold beverage retail base , reflecting strength in CSDs³ , premium unflavored water , enhanced flavored water , apple juice , apple sauce , and coconut water . This performance was driven by Dr Pepper , Sunkist , A & W , 7UP and Squirt CSDs , CORE Hydration , Evian , Bai , Motts apple juice and apple sauce , Polar , and Vita Coco . On a two - year stacked basis , KDP gained market share in nearly 80 % of its cold beverage retail base and grew consumption of its cold beverage portfolio by 20 % . Adjusted financial metrics used in this release are non - GAAP . See reconciliations of GAAP results to Adjusted results in the accompanying tables . 2 Retail consumption data based on Keurig Dr Pepper's custom IRi category definitions for the 13 - week period ending 6/27/2021 . ³ CSDs refer to " Carbonated Soft Drinks " .