1309 ET - Stocking up on K-Cup coffee pods could become more expensive. Keurig Dr Pepper increased its prices last month in response to escalating green coffee costs, and since then, the commodity price has continued to move even higher, CEO Tim Cofer says on a call with analysts. The beverages company is evaluating all available options to offset the higher costs, including further price hikes, he says. Shares rise 3.1% after logging higher 4Q revenue on higher volumes and prices. (connor.hart@wsj.com)
(END) Dow Jones Newswires
February 25, 2025 13:09 ET (18:09 GMT)
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