Q1 2022 Keurig Dr Pepper Inc Earnings Call Transcript

Apr 28, 2022

Apr 28, 2022 / 12:00PM GMT
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Keurig Dr Pepper's earnings call for the first quarter of 2022. This conference call is being recorded. (Operator Instructions)

I would like to introduce Keurig Dr Pepper's Vice President of Investor Relations, Mr. Steve Alexander. Mr. Alexander, please go ahead.

Steve Alexander - Keurig Dr Pepper Inc. - Senior Director of IR

Thank you, and hello, everyone. Thanks for joining us. Earlier this morning, we issued our press release for the first quarter of 2022. If you need a copy, you can get one on our website in the Investors section.

Consistent with previous quarters, today, we'll be discussing our performance on an adjusted basis, excluding items affecting comparability. Beginning with this quarter, we will also exclude the impact of foreign currency translation from our adjusted results. The company believes that the adjusted basis provides investors with additional insight into our business and operating performance trends.

While the exclusion of

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