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February 6, 2013
18:14 EDTGMCRGreen Mountain expects to build brewer inventory in 2H13
On Green Mountain's (GMCR) Q1 earnings conference call, management said they expect to generate additional free cash flow in Q2 in line with the company's typical pattern. They also anticipate building brewer inventory in the back half of the year to meet seasonal demand. For the year, they expect brewer unit shipment and POS growth to be in the mid-single digits, and the brewer base at the end of FY13 to be in the range of 16M-17M. On the P&L ledger in 2013, they expect direct marketing and R&D expenses to grow ahead of sales in an effort to build further passion for GMCR's brands. On the other hand, they plan to grow operating expenses slower than sales, driving leverage in the business model. Overall, management expects to see continued non-GAAP operating margin improvement in 2013.
News For GMCR From The Last 14 Days
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July 25, 2014
12:18 EDTGMCRGreenlight discloses short positions in Safeway, Questcor, Bloomberg says
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July 24, 2014
09:34 EDTGMCRRumor: Keurig Green Mountain weakness attibuted to weak IRI data
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