Keurig Dr Pepper (KDP) CEO Tim Cofer says the company’s combined coffee platform delivered solid performance in Q2 2026, with strong contributions from JDE Peet’s offsetting the ongoing pressure in the US Coffee Division. Net sales in the US Coffee Division fell 3.2 per cent year-on-year to US$918 million, with adjusted operating income falling 24.7 per cent to US$225 million. US Refreshment Beverages generated double-digit top- and bottom-line growth, KDP International sequentially improved as planned, and our combined coffee platform delivered solid performance, with healthy JDE Peet’s results balanced against US Coffee pressures,” he says.