Strong SG&A leverage served as a counterbalance to the gross margin compression, reflecting discipline expense management across the organization.

Jul 24, 2025 / receipt, needs a key / Sudhanshu Srinivasanarayanan, CFO | earnings call 2025-07-24 | transcript 25ea85bd-83f6-4994-9ba5-a196b2e4c299 | chars 16917-17063 | segment 17

Discipline expense management is an ongoing focus but is taking on even greater importance in today's less certain economic environment. We are constructively questioning our processes, streamlining where it makes sense, and arriving at more efficient ways of working. These efforts will continue to bear fruit over the coming quarters, driving operating leverage as we grow.

Apr 24, 2025 / receipt, needs a key / Sudhanshu Priyadarshi, CFO | earnings call 2025-04-24 | transcript 974b7ec6-2260-462a-8fff-f086199a63cd | chars 13272-13647 | segment 13

Jane is replacing Steve Alexander, who after more than 16 successful years in finance, commercial, and IR with KDP and predecessor companies, has decided to take some time off for family and travel.

Feb 23, 2023 / receipt, needs a key / Jane Gelfand, other | earnings call 2023-02-23 | transcript 53365df4-2160-4841-90da-ec875de2c5bf | chars 2353-2551 | segment 2

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.

Jul 29, 2021 / receipt, needs a key / Bob Gamgort, CEO | earnings call 2021-07-29 | transcript b4baae09-db37-475d-8699-f6993a57e193 | chars 2285-2540 | segment 2

As Bob noted, we believe that we have struck the right balance of continuing to invest in areas such as innovation, technology, and sustainability that provide competitive advantage, funded in part by reduced marketing, giving the low return on investments in the quarter, and dramatically lower travel and entertainment expenses, giving the limitations in travel.

Jul 30, 2020 / receipt, needs a key / Ozan, CFO | earnings call 2020-07-30 | transcript c56b55c9-2069-49ce-a1f9-26b5db320ab0 | chars 18105-18469 | segment 18

Travel and entertainment and discretionary spending are two other cost levels that we are using. At this time, we have eliminated all discretionary spending and will assess these costs on a goal-forward basis.

Apr 27, 2020 / receipt, needs a key / Ozan, CFO | earnings call 2020-04-27 | transcript c14474da-11b8-425f-86b0-f4855cb441bf | chars 19212-19421 | segment 19