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Coffee machine companies in focus

Mar. 24, 2015 1:51 PM ETKeurig Green Mountain Inc (GMCR) StockWHR, JAH, GMCR, NC, BVILF, BVILYBy: Clark Schultz, SA News Editor
  • A slowdown in the single serve coffee market is giving some opportunities in the recovering drip coffee market, according to a blog post from NPD Group.
  • 42% of respondents to a NPD survey own a single serve coffee system already with less than half saying they plan on replacing their machine in the next three years.
  • Drip coffee makers and coffee grinder sales have both improved recently amid the maturity of single-serve as households veer toward having both a quick and a more complex coffee option.
  • Related coffee machine stocks: Keurig Green Mountain (NASDAQ:GMCR), Hamilton Beach (NYSE:NC), KitchenAid (NYSE:WHR), Cuisinart (private), Breville (OTCPK:BVILF, OTCPK:BVILY), Mr. Coffee (NYSE:JAH).

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