Tue, Apr. 7, 3:59 PM
- Goldman Sachs identifies Keurig Green Mountain (NASDAQ:GMCR) as the "cheapest" consumer goods stock in relation to the investment firm's price target.
- The call isn't a surprise with GS having one of the most optimistic PTs on the Street at $166. Argus is a shade more conservative at $164.
- The bear thesis on GMCR pivots on weak brewer sales. The company's brewer and accessory sales fell 18% in FQ1.
Mon, Mar. 30, 8:18 AM| Mon, Mar. 30, 8:18 AM | Comment!
Tue, Mar. 24, 1:51 PM
- A slowdown in the single serve coffee market is giving some opportunities in the recovering drip coffee market, according to a blog post from NPD Group.
- 42% of respondents to a NPD survey own a single serve coffee system already with less than half saying they plan on replacing their machine in the next three years.
- Drip coffee makers and coffee grinder sales have both improved recently amid the maturity of single-serve as households veer toward having both a quick and a more complex coffee option.
- Related coffee machine stocks: Keurig Green Mountain (NASDAQ:GMCR), Hamilton Beach (NYSE:NC), KitchenAid (NYSE:WHR), Cuisinart (private), Breville (OTC:BVILF, OTCPK:BVILY), Mr. Coffee (NYSE:JAH).
Tue, Mar. 24, 11:02 AM
- Beverage stocks break higher as some industry sales tracking is reported to be positive.
- The C-store channel has been vibrant for the sector recently.
- Strong gainers include Keurig Green Mountain (NASDAQ:GMCR) up 2.5% and Monster Beverage (NASDAQ:MNST) with a 2.3% increase.
- Small player Jones Soda (OTCQB:JSDA) is up 7% and Cott (NYSE:COT) continues its stellar 2015 run with a 2.2% rally.
- Even large soda sellers Pepsico (PEP +1.2%), Coca-Cola (KO +0.7%), and Dr. Pepper Snapple (DPS +0.7%) are ahead of broad market averages.
Mon, Mar. 23, 3:27 PM| Mon, Mar. 23, 3:27 PM | Comment!
Thu, Mar. 19, 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.
Wed, Mar. 11, 10:20 AM
Mon, Mar. 2, 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
Thu, Feb. 26, 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.
Thu, Feb. 26, 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.
Mon, Feb. 23, 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%.
Mon, Feb. 23, 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.
Thu, Feb. 19, 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.
Wed, Feb. 18, 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
Sat, Feb. 14, 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.
Thu, Feb. 5, 9:12 AM
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