Dr Pepper Snapple Group, Inc. (NYSE:DPS) today announced it has reached a multi-year agreement with McDonald's USA that will expand availability of Dr Pepper and Diet Dr Pepper in its U.S. restaurants.
Dr Pepper, which is currently available in approximately 8,500 U.S. McDonald's restaurants, will be rolled out to all 14,000 U.S. restaurants starting this year, bringing Dr Pepper to McDonald's in a number of major new markets, including Chicago, Los Angeles, Northern California and the Northeast. Diet Dr Pepper, currently available in 3,500 U.S. restaurants, will be available as a regional option.
"We are very excited about the opportunity to bring Dr Pepper to millions more McDonald's guests each day," said Larry Young, president and CEO of Dr Pepper Snapple Group. "We look forward to building on our relationship with McDonald's and its outstanding franchise community."
"Dr Pepper has been a great McDonald's supplier for many years. It's a brand that performs well in our system," said Karen Wells, Vice President of Strategy and Menu, McDonald's USA. "As our customers continue to look for more variety and choice in the beverage offerings available to them, it makes sense to have brands like Dr Pepper and Diet Dr Pepper available to provide our guests with even more quality beverage options to choose from."
Dr Pepper was created in Waco, Texas, in 1885 and is the oldest major soft drink brand in America. It continues to be one of the most popular soft drinks, with both Dr Pepper and Diet Dr Pepper among the top 10 carbonated soft drink brands in the U.S.
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