ADVFN - Advanced Financial Network.
HOME» NASDAQ » G » GMCR Stock Price » GMCR Stock News

Green Mountain Coffee Roasters Share News

 Green Mountain Coffee Roasters (mm) Stock Price
GMCR Stock Price
 Green Mountain Coffee Roasters (mm) Stock Chart
GMCR Stock Chart
 Green Mountain Coffee Roasters (mm) Stock News
GMCR Stock News
 Green Mountain Coffee Roasters (mm) Company Information
GMCR Company Information
 Green Mountain Coffee Roasters (mm) Stock Trades
GMCR Stock Trades

Green Mountain Makes Keurig's Import Data Private

By Annie Gasparro Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Green Mountain Coffee Roasters Inc. (GMCR) says it has requested that data related to the importing of its Keurig single-serve coffee brewers be kept confidential as of October, making recent reports based on their importing paperwork not comparable with past months. In accordance with the beginning of its fiscal 2012, Green Mountain decided to no longer allow public access to its bills of lading, or the documents issued to a shipper acknowledging what goods are on board along with their destination, which is a common practice among publicly traded companies. However, companies who analyze these documents have released data based on October and November's numbers this week that indicate declines, causing Green Mountain's shares to drop. Over the past week, Green Mountain has fallen 21%, closing at $44.35 on Thursday. For example, one research firm, Zepol Corp., said Green Mountain had zero imports of Keurig brewers last month, but Green Mountain says that's just because it is now kept confidential. Janney Capital Markets analyst Mitchell Pinheiro said the data are clearly flawed, and conclusions about Green Mountain's market share and the overall single-serve coffee industry cannot be drawn from them. Still, he says year-over-year brewer growth is bound to decelerate because there are only so many brewers sold in the U.S. each year. Janney estimates Keurig sold 32% to 35% of single-serve brewers in the U.S. in its fiscal 2011. "While brewer growth is slowing, the rate of growth of the installed base is more important, as it is the primary driver of K-Cup consumption," Pinheiro said. The questions regarding Keurig imports come after Green Mountain reported underwhelming fourth-quarter earnings last month and endured extensive allegations from hedge-fund manager David Einhorn of Greenlight Capital Inc. Green Mountain attributed its fourth-quarter earnings miss to a number of factors, primarily changes in wholesale customer ordering patterns from grocery and club channels. However, the company said its retailers were expecting high Keurig and K-cup sales over the holidays, despite some indications of declining consumer confidence. -By Annie Gasparro, Dow Jones Newswires; 212-416-2244; annie.gasparro@dowjones.com

Stock News for Green Mountain Coffee Roasters (GMCR)
DateTimeHeadline
05/13/201416:40:28MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500, Dow At Record
05/13/201410:42:12MARKET SNAPSHOT: U.S. Stocks Edge Higher; S&P 500, Dow At Record
05/13/201410:22:08Coca-Cola to Increase Green Mountain Stake to 16% -- 2nd Update
05/13/201408:40:07Coca-Cola to Increase Keurig Green Mountain Stake
05/08/201416:48:55MARKET SNAPSHOT: U.S. Stocks Decline; Nasdaq Leads Losses
05/08/201414:40:16MARKET SNAPSHOT: U.S. Stocks Pare Gains; Nasdaq Leads Losses
05/08/201411:23:18MARKET SNAPSHOT: U.S. Stocks Rise On Jobless Claims, Draghi Easing...
05/08/201410:29:06MARKET SNAPSHOT: U.S. Stocks Rise On Draghi's Dovish Comments
05/08/201409:51:13U.S. Hot Stocks: Hot Stocks to Watch
05/07/201416:42:17MARKET SNAPSHOT: U.S. Stocks Close Higher; Nasdaq Trims Losses
05/07/201414:38:26MARKET SNAPSHOT: U.S. Stock Gains Capped By Selling Of Techs
05/07/201411:15:29MARKET SNAPSHOT: U.S. Stocks Search For Direction Amid Volatility
05/07/201410:41:18MARKET SNAPSHOT: U.S. Stocks Turn Negative On Yellen's Remarks
05/07/201410:24:36MARKET SNAPSHOT: U.S. Stocks Edge Higher; Nasdaq Lags Behind
05/04/201413:29:47MARKET SNAPSHOT: Stocks Are Riding Optimism, Not Earnings, To...
03/17/201416:55:36MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500 Positive For The Year
03/17/201412:52:26MARKET SNAPSHOT: U.S. Stocks Up; S&P 500 Positive For The Year
03/14/201418:50:43Keurig Green Mountain Added to S&P 500 Index
03/14/201410:00:12Starbucks to End Exclusivity Deal with Keurig
02/06/201417:21:39MARKET SNAPSHOT: U.S. Stocks See Best Gains In 7 Weeks

Green Mountain Coffee Roasters and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad