Why Starbucks Likes the Keurig Too
Earlier today Green Mountain Coffee Roasters released some very impressive numbers, and consumer goods analysts Michael Finarelli and Sean O'Reilly join host Mark Reeth to chat about them.
Green Mountain was up 15% today on the news that EPS was $0.89, a 56% increase year over year, beating estimates by 20%. In addition, Keurig sales were up 26%, and Mark wants to know if coffee brewers that rely on customers leaving their homes, like Starbucks , should be scared of this strength. Mike thinks not, what with Starbucks' strong channel development segment and its new independence from Kraft.
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The article Why Starbucks Likes the Keurig Too originally appeared on Fool.com.Fool contributor Mark Reeth has no position in any stocks mentioned. Michael Finarelli has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool recommends Green Mountain Coffee Roasters and Starbucks. The Motley Fool owns shares of Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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