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Though Caribou Coffee's (CBOU) Q2 EPS beat estimates, the company is guiding for 2012 sales to...
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Monday, August 6, 2012, 5:43 PM ETThough Caribou Coffee's (CBOU) Q2 EPS beat estimates, the company is guiding for 2012 sales to be flat (consensus is for 6.9% growth) and EPS to come in at $0.43-$0.46, below a $0.49 consensus. Caribou blames weak sales of K-Cups (GMCR), due to a mixture of channel shifting, new pricing tiers, and "the loss of a significant account." CBOU now -5.9% AH. GMCR -0.8%. (PR)
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