The acquisition of GHOST contributed 2.9 percentage points to the company's consolidated volume/mix growth in the first quarter of 2025, indicating a successful integration and positive impact on overall growth.

The U.S. Refreshment Beverages segment saw a net sales increase of 11.0%, contributing significantly to the consolidated net sales growth of 4.8%. This growth was driven by higher net price realization and volume/mix growth, including a benefit from the acquisition of GHOST.

The company continues to hold investments in unconsolidated affiliates such as Nutrabolt, Chobani, and Tractor, with a total investment value of $1.568 billion as of March 31, 2025. These investments reflect the company's strategy to grow its presence in certain product categories.

Tim Cofer succeeded Robert Gamgort as CEO during the second quarter of 2024, indicating a planned and executed leadership transition.

The company is implementing restructuring programs, including the 2024 Network Optimization and the 2023 CEO Succession and Associated Realignment, to improve efficiency and reduce costs. These programs are expected to incur pre-tax restructuring charges of $125-$145 million.

Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures are effective as of March 31, 2025, providing reasonable assurance of accurate and timely financial reporting.

The 10-Q states that there have been no material changes from the risk factors set forth in Part I, Item 1A in the Annual Report, suggesting a stable risk environment or that previously identified risks remain the primary concerns.

Keurig is vigorously defending the remaining lawsuits. At this time, we are unable to predict the outcome of these lawsuits, the potential loss or range of loss, if any, associated with the resolution of these lawsuits or any potential effect they may have on us or our results of operations. Accordingly, we have not accrued for a loss contingency.

The U.S. Refreshment Beverages segment's growth was positively impacted by the acquisition of GHOST, indicating a successful expansion into the energy drink market and strengthened competitive positioning.

The U.S. Coffee segment experienced declines in appliance and K-Cup pod volumes due to retailer inventory management and the timing of price increases, suggesting increased competitive pressure or shifts in consumer demand.

The 2024 Network Optimization program includes facility closures and relocations to optimize the manufacturing and distribution footprint, indicating efforts to improve operational efficiency and reduce costs.

SG&A expenses increased due to higher transportation and warehousing expenses, indicating potential inefficiencies in the supply chain or increased costs associated with distribution.

Acquired technology is listed as an intangible asset with a gross amount of $1,146 million, indicating ongoing investment in technological capabilities to support innovation and product development.

While a $4 billion share repurchase program is authorized, no shares were repurchased during the first quarter of 2025, leaving $1.810 billion available for future repurchases. This suggests a cautious approach to capital allocation or prioritization of other investment opportunities.

Capital expenditures, including amounts in accounts payable and accrued expenses, primarily relate to investments in manufacturing capabilities, indicating a focus on expanding and upgrading production facilities.

The company declared dividends of $0.23 per share for Q1 2025 and $0.215 per share for Q1 2024, demonstrating a commitment to returning capital to shareholders.

Net sales in the International segment decreased due to unfavorable FX translation, highlighting the impact of currency fluctuations on the company's international operations.