Can Acquisition Energize Keurig Dr Pepper Stock?

While its Dr Pepper soda brand has been taking market share, Keurig Dr Pepper (NASDAQ: KDP) stock nonetheless fell following its third-quarter results as weakness in its coffee segment continued. Meanwhile, the company announced a big acquisition in the energy drink space.With the stock trading lower, let's take a closer look at its most recent results and acquisition to see if now is a good time to buy.Keurig Dr Pepper's refreshment segment -- which includes Dr. Pepper, Snapple, Canada Dry, and Sunkist -- continued to perform well in Q3, with revenue jumping 5.3% year over year to $2.4 billion. The revenue was driven by a 4% increase in volume/mix, combined with a 1.3% rise in price.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool