1.78%XLF 20.53 6.48%QQQQ 45.97 2.38%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
WATERBURY, Vt. (AP) - Coffee maker Green Mountain Coffee Roasters Inc. on Thursday said net income rose 89 percent in the fiscal second quarter as it more than doubled the number of Keurig brewers shipped to customers.
| GMCR | 37.62 |  0.25 |
Profit for the quarter ended March 29 rose to $6 million, or 23 cents per share, from $3.1 million, or 13 cents per share last year. Excluding a non-cash amortization expense, profit was $6.7 million.
Revenue rose 46 percent to $120.9 million from $82.8 million last year.
Analysts polled by Thomson Financial predicted a profit of 21 cents per share on revenue of $115.8 million.
About 193,000 Keurig brewers were shipped, more than double the 84,000 shipped in the year-ago quarter. Shipments of its K-Cup single-serve packs rose 68 percent to 155 million.
The week started with the oil markets focused on the bombast surrounding the Iranian nuclear situation and a fall in the dollar sending oil to a ...
On July 7th Carl Icahn issues a letter to the board of Yahoo. The following is the letter in full. <hr>
A decision by Britain's anti-corruption agency to halt an inquiry into a lucrative arms deal between Saudi Arabia and BAE Systems PLC reached Bri...
|
Professional Website Design For Corporate - Get a Free Quote Today
Find the most up to date research from leading investment firms to make the most informed investing decisions
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
