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Stock impact report

Nestle and Keurig want you to make iced coffee at home instead of paying a barista. That's harder than it looks [Yahoo! Finance]

Keurig Dr Pepper Inc. (KDP) 
Last keurig dr pepper inc. earnings: 4/27 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
But brands like Nestlé and Keurig, who make single-serve espresso machines ubiquitous in many households, are going all in on iced coffees, attempting to draw customers from trendy coffee shops back to their kitchens. This year, Keurig Dr Pepper launched a machine that is dedicated to iced coffee, advertising a drink “as cold as the coffee shops” in three minutes or less for $199. The company flashed new technology, promising flavorful cups that wouldn't be watered down by melted ice by quick chilling the brewed coffee. Nestle, which owns Nespresso and Nescafé, said it's developing “complete solutions” for customers that want to make cold coffees in their homes. In May, Nescafé launched in Australia and China an espresso concentrate, which is designed to pour over ice to make a latte or Americano. No “barista skills needed,” it advertised . Also this year, the caffeine conglomerate developed its first Starbucks blend dedicated to ice coffee, new creation modes on some Nespresso m Show less Read more
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