July 25 (Reuters) - Keurig Dr Pepper ( KDP ) reported a

rise in second-quarter revenue and profit on Thursday, aided by

higher prices and steady demand for its energy drinks and sodas

in the United States and international markets.

WHY IT IS IMPORTANT

Keurig Dr Pepper ( KDP ), like its bigger rival Coca-Cola, has seen

steady sales of soft drinks, typically categorized as

"affordable luxuries", despite increasing prices to counter

rising costs.

The company launched a variety of new drinks such as

Schweppes mocktails and Dr Pepper Strawberries & Cream sodas

internationally to drive demand and boost sales growth.

MARKET REACTION

Shares of Keurig Dr Pepper ( KDP ) were up 2.3% at $33.52 in

premarket trading.

BY THE NUMBERS

Keurig Dr Pepper's ( KDP ) average selling prices rose 1.6% in the

second quarter ended June 30, and sales volumes increased 1.8%.

The company's adjusted profit rose 7.1% to 45 cents per

share, in line with LSEG estimates.

Net sales rose 3.5% to $3.92 billion, meeting Wall Street

analyst expectations.

The company reaffirmed its forecast of a mid-single-digit

percentage rise in fiscal net sales and high-single-digit

percentage growth in adjusted profit.