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News Breaks
August 14, 2014
07:07 EDTGMCRKeurig Green Mountain announces price increase, effective November 3
Keurig Green Mountain announced a price increase of up to 9% on all portion packs sold by Keurig for use in its Keurig brewing systems and on all its traditional bagged, fractional packs, and bulk coffee products. This price increase will be effective beginning November 3.This price increase is in direct response to several factors affecting the cost environment in the coffee and consumer packaged goods industries, generally, including a sustained increase in the price of green coffee and cocoa, along with increases in packaging materials, energy, and transportation costs. Over the past year, green coffee prices, alone, have increased approximately fifty-five percent. “We have been closely monitoring increasing costs, including the cost of green coffee,” said John Whoriskey, President of U.S. Sales and Marketing at Keurig. “Many of our competitors already have implemented price increases in light of the reality of sustained input cost increases. After careful review, we determined that it is necessary for us to adopt a small price increase in light of these higher costs. We understand that consumers have many beverage options, and we will continue to innovate and price competitively to win consumers’ business.”
News For GMCR From The Last 14 Days
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March 30, 2015
08:01 EDTGMCRKeurig Green Mountain, Reily Foods Company announce partnership
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March 25, 2015
09:33 EDTGMCRKeurig Green Mountain downgraded to Negative from Mixed at OTR Global
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March 23, 2015
11:30 EDTGMCRKeurig Green Mountain announces launch of K-Mug pods
Keurig Green Mountain announces the addition of Keurig K-Mug pods: pods that brew a large travel mug-size of consumers' beverages, offering even more brewing options within the Keurig 2.0 brewing system. Keurig 2.0, which debuted in Fall 2014, is a hot beverage system and the first Keurig brewer with the ability to brew a single cup, a four-cup carafe, and now a travel mug size of coffee. Available exclusively on Keurig.com, the new K-Mug pods are specially formulated to deliver the quality and strength of flavor that Keurig 2.0 brewer users expect when brewing 12-, 14-, and 16-ounce coffee and other beverages, accommodating both on-the-go lifestyles and those mornings that require more than a cup but less than a carafe.
March 19, 2015
10:28 EDTGMCRKeurig Green Mountain 2.0 system traction disappointing, says Dougherty
Dougherty's said it is cautious on Keurig Green Mountain following checks indicating disappointing traction for the 2.0 brewer system.

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