Mar. 19, 2015, 11:22 AM
- Keurig Green Mountain (GMCR -1.8%) trades lower after Dougherty & Company issues a cautionary note on the company.
- Channel checks from Dougherty indicate soft demand for the new 2.0 brewing system.
- A report from Longbow yesterday indicated Keurig brewer sales were up at a low single digit rate in March.
- Shares of GMCR are -8.2% YTD.
Mar. 11, 2015, 10:20 AM
Mar. 2, 2015, 2:34 PM
- Coffee prices are in retreat as extended rain in Brazil and increased production capacity has helped to soothe the market and push up forecasts on output.
- Data from the U.S. Commodity Futures Trading Commission indicates a sharp drop in bullish bets on coffee as experts now ease off some previous concerns on supply vs. demand.
- Arabica prices are still higher than where they were a year ago.
- There could be a lag factor for many companies to see a benefit from lower coffee commodity costs. Starbucks tipped off during its FQ1 earnings call (transcript) it has 94% of its 2015 coffee needs already priced.
- Arabica coffee price chart
- Related stocks: GMCR, SBUX, JVA, SJM, KRFT, DNKN
- Related ETFs: JO
Feb. 26, 2015, 10:42 AM
- Shares of J.M. Smucker (SJM +1%) and Dunkin Brands' (DNKN +2.9%) are both higher after the two companies sign a deal to broaden distribution for Dunkin' Donuts K-cups.
- J.M. Smucker is handling distribution to grocery stores and club chains, while Keurig Green Mountain (GMCR -0.1%) will cover office supply stores and specialty stores.
- Perhaps the most important aspect of the new distribution deal is that Dunkin' K-Cup packs will now be sold online.
- The K-cup shakeup isn't expected by most analysts to have a major impact on Starbucks (SBUX +0.2%) which is also a Keurig partner. Smaller coffee brands could suffer though.
Feb. 26, 2015, 6:48 AM
- Dunkin' Brands (NASDAQ:DNKN) and J.M. Smucker (NYSE:SJM) expand a partnership with Keurig Green Mountain (NASDAQ:GMCR) for the distribution of Dunkin' K-Cup packet to include retailers and grocery store chains nationwide in the U.S. and Canada.
- The current deal between the companies only includes Dunkin' restaurants in the U.S.
- The development should have positive implications for Keurig Green Mountain (GMCR).
- Financial terms of the arrangement weren't disclosed.
Feb. 23, 2015, 10:47 AM
- A combination hot/cold machine from Keurig Green Mountain (GMCR +0.9%) is "inevitable" in the future, according to Beverage Digest's John Sicher.
- Other analysts have agreed that the threat of a disruptive machine from Keurig is an overhang on shares of SodaStream (SODA -3.6%) with the company transitioning into a sparkling water-focused company.
- For the year, GMCR is up 4.9% while SODA is down 5.3%.
Feb. 23, 2015, 8:37 AM
- Keurig Green Mountain (NASDAQ:GMCR) discloses it entered an agreement to purchase 5.2M shares of its common stock from Luigi Lavazza.
- The transaction was at a price of $119.18 per share.
- The company says it used cash and funds from its credit facility to pay for the stock.
- SEC Form 8-K
- GMCR +0.88% premarket.
Feb. 19, 2015, 11:08 AM
- Execs with Keurig Green Mountain (GMCR +1.5%) see a huge opportunity in the cold beverage market which by dollars is 5X the size of hot beverages.
- The new Keurig Kold system, which launches in the fall, will give buyers the ability to serve Coke products, Dr. Pepper, Canada Dry, sports drinks, cocktail mixers, and craft sodas.
- Management also reiterated previous guidance during its presentation. The company sees long-term revenue growth at a double-digit rate and EPS growth in the mid-teens.
- GMCR at CAGNY: webcast, presentation slides.
Feb. 18, 2015, 4:02 PM
- The International Coffee Organization expects global coffee demand to rise 25% by 2021.
- Expectations for rising demand in China, India, and Latin America is partially behind the strong forecast.
- The coffee market is under pressure currently from tight supply due to crop difficulties in Brazil.
- A sharp drop in the real has counterbalanced the supply shortage to a degree.
- Related stocks: GMCR, SBUX, JVA, SJM, KRFT, DNKN
- Related ETFs: JO
Feb. 14, 2015, 10:13 AM
- Craft soda is starting to become a trend to watch closely, according to industry insiders.
- Though still accounting for only ~1% of the total U.S. soda market, major retail chains have increasingly been willing to bet on local craft brands in store aisles.
- The craft craze is old news for the beer industry where coming-of-age millennials buy craft/local beers at a 50% higher rate than brand-loyal older generations. Fading stars such as Budweiser and Bud Light are testament to the impact of the millennial paradigm.
- The craft influence in coffee hasn't been lost on Starbucks which has strategically deployed trucks on college campuses in an effort to win over students.
- Despite the progressive reputation of Starbucks, analysts think new upstarts such as Craft (subscription) and Cups (app) have a shot of gaining influence with the Indie-minded millennial crowd on "customization" and pricing.
- What to watch: An increase in M&A activity in the beverage sector is expected as major companies strategically pick off more local craft brands to incubate.
- Craft beer watch: BUD, OTCPK:SBMRY, TAP, OTCQX:HEINY, SAM, BREW, STZ, OTC:BIBLF, OTCPK:BRBMF.
- Craft coffee watch: GMCR, SBUX, JVA, SJM, KRFT, DNKN, QSR, MCD.
- Craft soda watch: PEP, KO, MNST, COT, DPS, OTCQB:JSDA, REED, SODA, FIZZ.
Feb. 5, 2015, 9:12 AM
Feb. 5, 2015, 8:40 AM
- Keurig Green Mountain (NASDAQ:GMCR) appears to be set for a weak open after the company's brewer sales disappointed in FQ1.
- A couple of snippets from the firm's conference call tell part of the story.
- "Quite simply our 2.0 launch got off to a slower start than we planned."
- "Single serve household penetration in the U.S. is still well below the 40 plus percent levels seen in other developed countries."
- Keurig earnings call transcript
- GMCR -7.1% premarket.
Feb. 4, 2015, 5:35 PM
Feb. 4, 2015, 4:20 PM
- Keurig Green Mountain (NASDAQ:GMCR) reports sales in the U.S. segment rose 2% in FQ1.
- Portion pack sales rose 9% to $1.02B, while brewers and accessories sakes fell off 18% to $308M after a weak holiday period.
- Gross profit rate flat Y/Y at 33.5%.
- The margin rate was aided by a favorable sales mix and supply chain productivity, while brewing pricing was a drag.
- Inventories +67% to $781M at quarter end.
- Guidance: FY15 EPS forecast lowered to a mid single-digit rate due in part to to F/X concerns. Capex spending of $425M-$475M expected.
- GMCR -6.7% after hours.
Feb. 4, 2015, 4:02 PM
- Keurig Green Mountain (NASDAQ:GMCR): FQ1 EPS of $0.88 misses by $0.01.
- Revenue of $1.39B (flat Y/Y) misses by $80M.
Feb. 3, 2015, 5:35 PM
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Keurig Green Mountain Inc is engaged in the coffee and coffeemaker businesses in the United States and Canada. It sells Keurig Single Cup brewers and roast high-quality Arabica bean coffees.
Sector: Consumer Goods
Industry: Processed & Packaged Goods
Country: United States
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