Keurig Dr Pepper Inc. Labor Relations Update
Keurig Dr Pepper Inc. has resolved a two-week strike by Teamsters union members in Victorville, California. The workers have ratified a new contract that includes access to a pension trust and significant wage increases.
The agreement was reached after the company faced pressure from the labor union. Key terms of the contract include:
- Access to a pension trust
- Significant wage increases
The company’s stock price has remained relatively stable, with no major fluctuations reported. As of the latest market data, Keurig Dr Pepper Inc.’s valuation remains strong, with a high price-to-earnings ratio.
Financial Performance
- Stock price: stable with no major fluctuations reported
- Price-to-earnings ratio: high, indicating strong valuation