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Wednesday, Nov 28
2012, 11:08 AM
Nuggets from Green Mountain Coffee Roasters' (GMCR +24.3%) conference call: 1) A nonplussed...
Nuggets from Green Mountain Coffee Roasters' (GMCR +24.3%) conference call: 1) A nonplussed attitude on Starbucks from execs is fairly evidence as they dance around the competitive impact on GMCR's business model. On the SBUX partnership: "...still multiyear from this current point in time." 2) On inventory jumps, execs say the total was fairly evenly split between raw materials and finished goods. 3) Is the company looking at a potential gold mine with online channels? In FY12, Keurig.com saw 23M visitors and placed 3M web orders. The conversion rate of 13% doesn't sound shabby compared to retail rivals. (transcript, slides)