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Green Mountain Coffee (GMCR) +1.2% AH following Starbucks' (SBUX) FQ1 report. Starbucks...

  • Thursday, January 24, 6:00 PM ET
    Green Mountain Coffee (GMCR) +1.2% AH following Starbucks' (SBUX) FQ1 report. Starbucks mentioned on its call it sold 175M K-Cups during the quarter; a year ago, it shipped 100M K-Cups over 2 months. Starbucks also mentioned its January U.S. same-store growth has thus far been consistent with FQ1 levels,. The coffee chain plans to open 30+ new Teavana stores by year's end, launch new single-serve Verismo machines, and have 1,500 stores in China by 2015. Shares +3.4% AH.
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This news story has 2 comments:

  •  
    GMCR is on a road of its own. Starbucks Verisomo machines have had bad reviews, so what they do will only have a positive effect on GMCR. Feb. quarterly report will reinforce the GMCR stock value.
    24 Jan, 08:26 PM Reply Like
  •  
    I'm sure that GMCR will continue to beat back competition with the innovations and partnerships it has developed, especially during the past three months or so. The next results report should be good, even though initial expectation is that it should be lower, not because results are weak but because GMCR has tweaked its last report, so demand for GMCR should improve dramatically.
    25 Jan, 06:13 AM Reply Like
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