Q1 2020 Keurig Dr Pepper Inc Earnings Call Transcript

Apr 28, 2020

Apr 27, 2020 / 09:00PM GMT
Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to Keurig Dr Pepper's earnings call for the first quarter of 2020. This conference call is being recorded. (Operator Instructions)

I would now like to introduce your host for today's conference, Keurig Dr Pepper Vice President of Investor Relations, Mr. Tyson Seely. Mr. Seely, please go ahead.

Tyson Seely - Keurig Dr Pepper Inc. - VP of IR

Thank you, and hello, everyone. Thanks for joining us. Earlier this afternoon, we issued our press release for the first quarter of 2020. If you need a copy, you can get one on our website at keurigdrpepper.com in the Investors section.

Consistent with previous quarters, today, we will be discussing our performance on an adjusted basis, excluding items affecting comparability. The company believes that the adjusted basis provides investors with additional insight into our business and operating performance trends. While the exclusion of items affecting comparability is not in accordance with GAAP, we believe that the adjusted basis

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