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Home»World»Keurig Dr Pepper CEO warns customers of ‘additional pricing’ on popular grocery essential as costs expected to skyrocket
World

Keurig Dr Pepper CEO warns customers of ‘additional pricing’ on popular grocery essential as costs expected to skyrocket

nytimespostBy nytimespostApril 24, 2025No Comments
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CONSUMERS could see price increases soon on a beloved grocery essential from Keurig Dr Pepper.

CEO Tim Cofer confirmed the uptick would come as it manages changes in the economic landscape this spring.

Tim Cofer, Keurig Dr Pepper CEO.

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Keurig Dr. Pepper CEO Tim Cofer (pictured) has warned of potential price hikesCredit: Keurig Dr. Pepper
Keurig K-Cups of Cafe Escapes Caramel and Dark Chocolate Hot Cocoa surrounded by coffee beans.

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The upticks would involve a specific line of products (stock image)Credit: Getty

Like other brands, Keurig Dr Pepper has encountered inflation on coffee due to various factors, including changing weather conditions in the countries from which it imports.

President Donald Trump’s global reciprocal tariffs announced earlier in April also left Keurig Dr Pepper considering adjustments for the rest of 2025.

“We’ve got two main priorities on the coffee business this year,” Cofer said during a Thursday morning earnings call.

“The first is mitigating the green coffee inflation, including now tariff-related impacts.”

Cofer later mentioned that into the “back half” of the year, Keurig Dr Pepper would likely take “additional inflation mitigation steps in response to both green coffee and tariffs.”

That includes possible price increases passed onto consumers.

“Additional pricing could be one of those levers,” the CEO said.

More to follow… For the latest news on this story, keep checking back at The U.S. Sun, your go-to destination for the best celebrity news, sports news, real-life stories, jaw-dropping pictures, and must-see videos.

Like us on Facebook at TheSunUS and follow us on X at @TheUSSun



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