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Tuesday, April 23, 2024

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  1. phil

    Dr. Pepper Snapple trims costs to offset sluggish volume

    09:53 AM ET · DPS

    • Shares of Dr. Pepper Snapple (DPS +4.4%) trade higher after the company tops earnings estimates with its Q1 report and reaffirms guidance at a level that is also ahead of the consensus mark of analysts.
    • Volume growth was only up 1%, but the company was able to lower costs and realize some productivity gains in the quarter.
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