Bob Gamgort

“I think it’s, as we said over the past four years, it is always helpful to look at the Keurig system not on a quarter-by-quarter basis but over the long term. There are a lot of fluctuations up and down.”

“The second quarter was one of significant progress for a company in a macro environment that continues to be challenging on many fronts. Broad-based inflation continues to impact industry margin as pricing continues to increase, but it's not yet caught up to inflation.”

“Our Q1 results reflect different stories of challenges faced and progress achieved across our portfolio. One common thread, however, is the continued strong consumer demand for our brands as demonstrated by consumption growth and share expansion.”

“As you recall, this past quarter represents the completion of our three-year merger plan and the beginning of the next chapter of our transformation and growth, as we detailed for you during our Investor Day in October.”

“Since we spoke last quarter, consumer mobility across North America has continued to increase, with improving trends in travel, grocery and retail and recreation translating into changes in growth trends in beverage category segments and retail channels.”