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Green Mountain Coffee (GMCR) -3% AH in response to Starbucks' (SBUX) weak FQ3 report and...
Green Mountain Coffee (GMCR) -3% AH in response to Starbucks' (SBUX) weak FQ3 report and guidance. During its earnings call, Starbucks claimed it has shipped over 350M K-Cups since November, and now has a 20% share of the single-cup coffee market. However, it also said margins for the division responsible for K-Cups have fallen due to higher commodity costs.
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