BUZZ-Keurig Dr Pepper shares fall after the company reported slower coffee business profit growth in the fourth quarter

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November 3 - ** Shares of U.S. beverage maker Keurig Dr Pepper (KDP.O) fell about 5% to $35.08, reversing pre-market gains

** Executives on the analyst call following the earnings release pointed out , (link) that the growth rate of U.S. coffee operations in the fourth quarter is below expectations

**Executives said that price sensitivity for home coffee consumption has increased, especially among middle- and lower-income consumer groups

** The report shows adjusted quarterly earnings per share of 66 cents, better than the analysts' expectation of 62 cents—data compiled by LSEG

** Net sales in the third quarter reached $7.34 billion, exceeding the market expectation of $7.33 billion

** The company also reaffirmed its guidance for 2026

** As of the close of the previous trading day, KDP has risen about 31% year-to-date

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