Keurig Dr Pepper Inc.: 10-K Risk Factor Changes

2024 vs 2023  ·  SEC EDGAR  ·  2026-05-22
Other years: 2026 vs 2025 · 2025 vs 2024
⚠ AI-Generated

The summary below was generated by an AI language model and may contain errors or omissions. All other content on this page is deterministically extracted from the original SEC EDGAR filing.

Keurig Dr Pepper substantially restructured its risk disclosures by removing six risks primarily focused on financial leverage and macro conditions while adding nine new risks emphasizing operational resilience, reputation management, and ESG concerns such as plastic packaging and water scarcity. The 21 modified risks suggest the company deepened its disclosure around supply chain dependencies, labor relations, and third-party partnerships, reflecting heightened focus on execution risks from productivity initiatives and external service provider vulnerabilities. This shift indicates a recalibration from balance sheet and market-level risks toward operational and stakeholder management risks.

✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

9
New Risks
6
Removed
21
Modified
3
Unchanged
🟢 New in Current Filing Damage to our reputation or brand image can adversely affect our business. 🔒
🟢 New in Current Filing Failure to realize benefits or successfully manage the potential negative consequences of our productivity initiatives can adversely affect our financial performance. 🔒
🟢 New in Current Filing Changes in the retail landscape or in sales to any key customer can adversely affect our business. 🔒
🟢 New in Current Filing Equity method investments are managed independently of us and may have different interests than we do. Their decisions could impact our financial performance. 🔒
🟢 New in Current Filing The use of information technology by our third party commercial partners and service providers exposes us to business disruptions or other negative impacts that could adversely affect us. 🔒
🟢 New in Current Filing Increased concerns related to the use or disposal of plastics or other packaging materials can adversely affect our business and financial performance. 🔒
🟢 New in Current Filing Significant additional labeling or warning requirements or limitations on the marketing or sale of our products may inhibit sales of affected products. 🔒
🟢 New in Current Filing Failure to comply with personal data protection and privacy laws can adversely affect our business. 🔒
🟢 New in Current Filing Water scarcity and quality could adversely affect our business. 🔒
🔴 No Match in Current Filing Our level of indebtedness could adversely affect us, including decreasing our business flexibility and increasing our interest expense. 🔒
🔴 No Match in Current Filing The agreements that govern our indebtedness contain various covenants that impose restrictions on us and may affect our ability to operate our business. 🔒
🔴 No Match in Current Filing We depend on a small number of large retailers for a significant portion of our sales. 🔒
🔴 No Match in Current Filing Deterioration of general macro-economic conditions could have a negative impact on our business, financial condition, results of operations and liquidity due to impacts on our suppliers, customers and operating costs. 🔒
🔴 No Match in Current Filing Fluctuations in foreign currency exchange rates may adversely affect our operating results. 🔒
🔴 No Match in Current Filing Failure to comply with applicable transfer pricing and similar regulations could harm our business and financial results. 🔒
🟡 Modified We depend on third-party bottling and distribution companies for a significant portion of our business. 🔒
🟡 Modified We may not be able to renew collective bargaining agreements on satisfactory terms, or we could experience union activity, including new unionization, labor disputes or work stoppages. 🔒
🟡 Modified Failure to maintain strategic relationships with brand owners and private label brands could adversely impact our future growth and business, potentially resulting in the termination of those agreements. 🔒
🟡 Modified Concerns about the safety, quality, or health effects of our products could negatively affect our business. 🔒
🟡 Modified Determinations in the future that a significant impairment of the value of our goodwill and other indefinite-lived intangible assets has occurred could have a material adverse effect on our financial performance. 🔒
🟡 Modified Our intellectual property rights could be infringed or we could infringe the intellectual property rights of others, and adverse events regarding licensed intellectual property could harm our business. 🔒
🟡 Modified We cannot guarantee that our share repurchase program will be fully consummated or that our share repurchase program will enhance long-term stockholder value. 🔒
🟡 Modified We may not effectively respond to changing consumer preferences and shopping behavior, which could impact our financial results. 🔒
🟡 Modified Fluctuations in our effective tax rate may result in volatility in our financial results. 🔒
🟡 Modified Our use of information technology and third-party service providers exposes us to cybersecurity breaches and other business disruptions that could adversely affect us. 🔒
🟡 Modified Our financial results may be negatively impacted by recession, financial and credit market disruptions and other political, social or economic conditions. 🔒
🟡 Modified If we do not successfully manage our acquisitions of and investments in new businesses or brands, our operating results may adversely be affected. 🔒
🟡 Modified Our facilities and operations may require substantial investment and upgrading, including investments in new technologies and digital transformation, and such investments may not achieve the intended financial benefits. 🔒
🟡 Modified We negotiate with our suppliers to optimize our terms and conditions, including payment terms, and reductions in our payment terms with our suppliers could adversely affect our liquidity. 🔒
🟡 Modified U.S. and international laws and regulations could adversely affect our business. 🔒
🟡 Modified We operate in intensely competitive categories, and our potential inability to compete effectively could adversely impact our business. 🔒
🟡 Modified We rely on the performance of a limited number of suppliers and manufacturers for our brewers, and a limited number of order fulfillment companies for our brewers, beverage concentrates and syrups. 🔒
🟡 Modified Disruption of our manufacturing and distribution operations or supply chain, including increased commodity, raw material, packaging, energy, transportation, and other input costs may adversely affect our financial condition or results of operations. 🔒
🟡 Modified We depend on key information systems, and our use of information technology exposes us to business disruptions that could adversely affect us. 🔒
🟡 Modified Climate change or related legislation could adversely affect our business. 🔒
🟡 Modified Failure to attract, retain, develop and motivate a highly skilled and diverse workforce, or failure to effectively manage changes in our workforce such as labor shortages, employee turnover and increases in wages, could significantly impact our operations. 🔒
36 changes in this historical filing

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