Keurig Dr Pepper has booked fourth-quarter results that beat analyst estimates despite the US group recording a $718m impairment for the period. The Canada Dry owner exceeded market expectations in the period,

Keurig Dr Pepper (NASDAQ:KDP) traded higher in early action on Tuesday after the beverage company slipped past consensus estimates with its Q4 earnings report. Net sales in the U.S. refreshment segment increased 10.

Keurig Dr Pepper, known for popular beverages such as Dr Pepper, Snapple, and the Keurig coffee system, operates in a highly competitive market with notable peers like Coca-Cola and PepsiCo. The company's strategy centers around leveraging its diverse brand portfolio,