Yesterday, 11:12 AM
Thu, Nov. 19, 12:44 PM
Thu, Nov. 19, 9:14 AM
Wed, Nov. 18, 5:44 PM
Wed, Nov. 18, 4:15 PM
- Keurig Green Mountain (NASDAQ:GMCR) reports product mix and higher green coffee costs cut into profitability in FQ4, although tight expense control helped the company top profit expectations.
- Portion pack revenue increased fell 9% to $861M.
- Sales of brewers and accessories plunged 32% to $124M during the period. 1.9M Keurig hot system brewers were sold.
- The company's gross margin rate fell 530 bps to 32.3%.
- Non-GAAP operating income rate -170 bps to 19.7%.
- The company says it still has $914M remaining on its buyback allowance.
- Guidance: FY16 EPS of $3.25 to $3.43 is seen vs. $3.42 consensus. Keurig expects free cash flow of $420M to $500M.
- GMCR+19.0% AH to $48.19. Shares were off over 23% over the last week.
- Previously: Keurig Green Mountain beats by $0.14, beats on revenue (Nov. 18 2015)
Wed, Nov. 18, 4:07 PM
Wed, Nov. 18, 2:00 PM
- Keurig Green Mountain (NASDAQ:GMCR) reports FQ4 earnings after the bell tonight. Analysts expect revenue of $1.03B and EPS of $0.70.
- There's been some caution in the last week over Keurig with Wedbush chopping its price target by 17% to $50. The investment firm thinks shares should trade at a discount due to ongoing challenges around the Kold and 2.0 platforms.
- SA contributor Seth Golden warns on slowing K-cup sales growth and notes market shares losses for the Keurig K-cup brand could be on tap.
- GMCR is flat on the day after falling 23% in the preceding four trading sessions.
Tue, Nov. 17, 5:35 PM
Wed, Nov. 11, 10:05 AM
- Keurig Green Mountain (GMCR -7.3%) slumps in early trading after SunTrust lowers its price target to $50 and OTR Global shifts to a Negative rating.
- The company reports earnings on November 18. Analysts expect revenue of $1.03B and EPS of $0.71 (earnings preview on SA).
- Shares of GMCR are down 19% over the last month and sit 71% below their 52-week high.
Mon, Oct. 26, 2:32 AM
- Keurig Green Mountain (NASDAQ:GMCR) is planning to import coffee beans into the U.S. through duty-free sites - an unprecedented move in the coffee industry - as the company seeks to cut costs amid plunging sales of its pods and brewers.
- The plan is the next overhaul to the corporation's buying strategy and follows the recent relocation of its coffee sourcing operations to Switzerland from Vermont to take advantage of an obscure tax exemption.
- GMCR shares have tumbled 60% so far this year.
Thu, Oct. 1, 5:47 PM
- Keurig Green Mountain (NASDAQ:GMCR) discloses U.S. sales/marketing chief John Whoriskey has resigned. He'll remain with the company as an advisor to the CEO.
- The resignation comes ahead of the closely-watched Keurig Kold launch. GMCR fell hard in May after a presentation detailing Keurig Kold failed to impress.
- Shares have dropped to $50.69 after hours. YTD, they're down 61%.
Mon, Sep. 28, 1:06 PM
- Keurig Green Mountain (GMCR -3.8%) appears very close to launching Keurig Kold, observes Convenience Store and Fuel News.
- Promotional materials from the company have increased over the last few weeks.
- The Keurig Kold platform is expected to include six Keurig brands and ten brands from partnerships with Coca-Cola and Dr. Pepper Snapple. Pricing in a range of $299 to $369 is anticipated for the Kold machine.
- Analysts have issued mixed forecasts on the impact of the Kold initiative. Meanwhile, Keurig execs have pointed out that the size of the cold beverage market is 5X the hot beverage market.
Thu, Sep. 17, 10:28 AM
- Starbucks (SBUX) showed sizzling single-serve sales growth over the four weeks ending on September 5, according to a new Nielsen data read digested by UBS.
- Single-serve sales were up 41% for Starbucks on 53% unit growth.
- The company grew K-cup market share by 40 bps Y/Y to 16.7% over the period.
- McDonald's (MCD -0.6%) and Dunkin Brands (DNKN) also took K-cup market share, while Keurig Green Mountain (GMCR -2.2%) gave some back.
- Overall, K-cup sales in the U.S. have been growing at a double-digit rate even with some deceleration from last year's pace.
Wed, Sep. 9, 1:35 PM
Mon, Aug. 31, 1:25 PM
- A trio of beat-up beverage stocks is making a bid for a comeback today.
- DAVIDsTEA (DTEA +4.6%), SodaStream (SODA +3.8%), and Keurig Green Mountain (GMCR +4.8%) are all higher on a day when sector giants Starbucks, PepsiCo, and Coca-Cola are struggling to gain traction.
- Shares of SodaStream and Keurig are still down over 50% from where they stood a year ago, while DAVIDsTEA is down 49% since going public in early June.
Mon, Aug. 24, 1:55 PM
- Treehouse Foods (THS +1.3%) is higher after M&A talk picks up again.
- The company is reported to be in the hunt for Conagra's Ralcorp business.
- Also making a contrarian move today is Keurig Green Mountain (GMCR +1%).
- SA contributor Brian Nichols notes the company's +2% dividend yield provides a backstop. GMCR is -62% YTD, but has leveled out over the last week.
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