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