Peet's Coffee (PEET -5.5%) slumps after its Q1 report lands with a thud. The company blames the...

|About: Peet's Coffee & Tea, Inc. (PEET)|By:, SA News Editor

Peet's Coffee (PEET -5.5%) slumps after its Q1 report lands with a thud. The company blames the higher price of coffee beans for its narrower-than-expected quarterly profit. On tap for after the bell is an earnings report from GMCR to see how it absorbed coffee price inflation and an update on if K-Cup sales are percolating.