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February 4, 2014
12:34 EDTGMCREarnings Preview: Green Mountain shares up ahead of Q1 report
Green Mountain Coffee Roasters (GMCR) is scheduled to report first quarter results after the market close on Wednesday, February 5, with a conference call scheduled for 5:00 pm ET. Green Mountain is engaged in the specialty coffee and coffee maker businesses and owns the "Keurig" brand of single-serve coffee makers and products. EXPECTATIONS: Analysts are looking for earnings per share of 90c on revenue of $1.4B, according to First Call. The consensus range for EPS is 87c-98c on revenue of $1.36B-$1.49B. LAST QUARTER: Green Mountain reported fourth quarter adjusted EPS of 89c against estimates for 75c, on revenue of $1.05B against estimates for $964.56M. The company forecast Q1 adjusted EPS of 85c-90c and net sales growth of low-to-mid single digits year-over-year. At that time Green Mountain also forecast its fiscal year 2014 EPS view $3.75-$3.85 against estimates at that time of $3.78, and guided to FY14 net sales growth in the high single digits over fiscal year 2013. The company also guided for stronger revenue growth in the second half of the year. Green Mountain authorized an additional $1B share repurchase plan and said "Over the long term, the company continues to expect double digit annual revenue growth and annual earnings growth in the mid-teens as we launch a new Keurig hot single-serve system and other anticipated disruptive product innovations." NEWS: During the quarter, T. Rowe Price reported a 4.1% passive stake in the company and the Sacramento Bee cited a Sacramento attorney that said Rogers Family Coffee "makes the more persuasive case" in that company's efforts to sell cartridges that fit in Green Mountain's Keurig roasting system, which Green Mountain argued infringes K-Cup patents. STREET RESEARCH: Longbow recently said that sales of Green Mountain's Keurig brewer rose year-over-year over the last several weeks at Wal-Mart (WMT), Target (TGT) and Bed, Bath & Beyond (BBBY), despite difficult comparisons. The firm also noted that demand for K-Cup coffee pods was up by double digit percentage levels at almost all the retailers it surveyed. Stifel said that retailer acceptance of Green Mountain's new Keurig 2.0 machines has so far been "muted," partly due to the large number of Keurig 1.0 machines they have, and the long period necessary to convert to Keurig 2.0. PRICE ACTION: Over the last three months, Green Mountain shares are up over 23%. Year-to-date, shares are up over 5.5%. Ahead of tomorrow's earnings, shares are up over 2%.
News For GMCR From The Last 14 Days
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November 19, 2014
16:09 EDTGMCRKeurig Green Mountain sees Q1 adjusted EPS 83c-88c, consensus 96c
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16:08 EDTGMCRKeurig Green Mountain repurchased 440,000 shares during Q4
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16:06 EDTGMCRKeurig Green Mountain reports Q4 gross margin up 160 bps to 37.6%
For the quarter, gross margin grew 160 basis points to 37.6% of net sales from 36.0% in the prior year period.
16:05 EDTGMCRKeurig Green Mountain says CFO Frances G. Rathke to leave in FY15
Keurig Green Mountain announced that CFO Frances G. Rathke will be leaving the company in 2015 after 11 years of service. As part of the succession plan, the company has engaged an executive search firm. To facilitate a successful transition, Rathke will continue to serve as CFO and Treasurer until a replacement is appointed, at which time, Rathke will serve in the new role of Strategic Advisor to the CEO reporting to Brian Kelley. She will stay in this latter role no later than September 26, 2015.
16:04 EDTGMCRKeurig Green Mountain raises dividend 15%
Reflecting its commitment to return capital to shareholders and its expectation for continued strong cash flow generation, the company announced a 15% increase in its indicated annualized dividend to $1.15 per share from $1.00. The increase will take effect with the February 12, 2015 quarterly dividend payment of 28.75c declared by the Board payable to shareholders of record as of the close of business on January 13, 2015.
16:03 EDTGMCRKeurig Green Mountain sold 2.4M Keurig system brewers in Q4
For the quarter, 2.4M Keurig system brewers were sold including 2.3M sold by Keurig with 0.1M reported sold by Keurig’s licensed brewer partners. This brewer shipment number does not account for consumer returns.
16:02 EDTGMCRKeurig Green Mountain sees FY15 adj EPS growth mid-single to high-single digits
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16:01 EDTGMCRKeurig Green Mountain raises dividend 15%
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16:00 EDTGMCRKeurig Green Mountain reports Q4 adjusted EPS 90c, consensus 77c
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15:31 EDTGMCRNotable companies reporting after market close
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14:40 EDTGMCRKeurig Green Mountain technical comments ahead of results
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14:08 EDTGMCREarnings Preview: Keurig Green Mountain sees FY14 EPS $3.71-$3.78
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13:26 EDTGMCRKeurig Green Mountain November 155 straddle priced for 8.7% move into Q4
10:47 EDTGMCRStocks with call strike movement; GME GMCR
GameStop (GME) December 55 call option implied volatility increased 4% to 55, Green Mountain (GMCR) December 185 call option implied volatility increased 3% to 54 according to IVolatility.
November 18, 2014
08:07 EDTGMCRGreen Mountain Coffee volatility elevated into Q3 and outlook
Green Mountain Coffee November call option implied volatility is at 101, December is at 50, January is at 45, March is at 43; compared to its 26-week average of 42 according to Track Data, suggesting large near term price movement into the expected release of Q3 results on November 19.
07:50 EDTGMCRKeurig Green Mountain price target raised to $168 from $134 at Canaccord
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November 17, 2014
07:26 EDTGMCRBofA/Merrill expects in-line Q4 report from Keurig Green Mountain
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November 14, 2014
09:05 EDTGMCRKeurig Green Mountain target to $185, Cold may be a disrupter, says Goldman
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08:31 EDTGMCRGreen Mountain Coffee November volatility elevated into Q3 and outlook
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November 11, 2014
11:40 EDTGMCRStocks with call strike movement; FSLR GMCR
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