Keurig Dr Pepper Inc. (KDP) CEO Robert Gamgort on Q4 2018 Results - Earnings Call Transcript

Feb. 28, 2019 4:29 PM ETKeurig Dr Pepper Inc. (KDP)
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Keurig Dr Pepper Inc (NASDAQ:KDP) Q4 2018 Earnings Conference Call February 28, 2019 9:30 AM ET

Company Participants

Maria Sceppaguercio - Chief Corporate Affairs Officer

Robert Gamgort - CEO

Ozan Dokmecioglu - CFO

Conference Call Participants

Lauren Lieberman - Barclays

Judy Hong - Goldman Sachs

Sean King - UBS

Kevin Grundy - Jefferies

Unidentified Analyst - SunTrust Robinson Humphrey

Amit Sharma - BMO Capital Market

Laurent Grandet - Guggenheim Securities

Peter Grom - JP Morgan

Brendan Metrano - Evercore ISI

Damian Witkowski - Gabelli & Co

Operator

Good morning ladies and gentlemen and thank you for standing by. Welcome to Keurig Dr Pepper’s Earning Call for the Fourth Quarter and Full Year of 2018. This conference call is being recorded and there’ll be a question-and-answer session at the end of the call. I would now like to introduce your host for today’s conference, Keurig Dr Pepper Chief Corporate Affairs Officer, Ms. Maria Sceppaguercio. Please go ahead.

Maria Sceppaguercio

Thank you and hello everyone. Thanks for joining us. Earlier this morning we issued our press release for the fourth quarter and full year of 2018. If you need a copy you can get one on our website at keurigdrpepper.com in the Investors section. As you will recall for the last quarter the discussion of our Q3 performance was largely on an adjusted pro forma basis due to the merger. And our discussion here today will be consistent with that. The company believes that the adjusted pro forma basis provides investors with additional insight into our business and operating performance trends.

While these pro forma adjustments and the exclusion of items affecting comparability are not in accordance with GAAP, we believe that the adjusted pro forma basis provides a meaningful comparison in an appropriate basis for discussion of our performance. Details of the excluded

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