Invest in Coffee - Green Mountain Coffee Roasters (GMCR)
posted February 3, 2008 - 6:53pmToday's Stock Profile - Green Mountain Coffee Roasters (NASDAQ: GMCR)
Green Mountain Coffee Roasters (GMCR) is reaping the rewards of excellent management. They are "roasting" the competition. Green Mountain is primarily a specialty coffee provider. They sell over 100 different coffees, teas and hot cocoas. And those
Keurig coffee machines, that are in many offices, brewing up those single-servings... that's Green Mountain too.
Green Mountain's net income increased 20% to $2.9 million, and revenues are up 52% to $126.4 million. They shipped 322,000 Keurig brewers in the first quarter, a increase of 166% on a year-over-year basis. Green Mountain has increased its guidance for fiscal 2008, with sales expected to grow 40% to 45% and earnings expected to grow at the same rate or slightly higher.
Being socially responsible is a major part of Green Mountain's mission. Green Mountain was #1 on The CRO's (thecro.com) list last year. They are growing fast and consistently.
With a stock price under $40.00, this is a company to keep an eye on.
** A snippet from GMCR's recent 2008 Q1 earnings call **
"From the coffee farmer in a third-world country to the investor owning our stock, we’d like every GMCR constituent to benefit from their interaction with us. It is our purpose to have a positive impact on the world and the way the world views business. This may be a lofty goal, but it’s a big part of what motivates us at GMCR and distinguishes us in a highly competitive market where we compete for everything from sales opportunities to business partners and outstanding employees.
Looking forward, we are focused on continuing to deliver strong sales growth and to improving our margins for long-term sustainability and shareholder value. For 2008, we are raising our previous guidance and now expect to grow our top line by 40-45%, and increase our net income and earnings per share as much or slightly more, within a range of $0.72 to $0.77 per share."
-- Larry Blanford, President and CEO
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Comments
Very good point
Green Mountain Coffee
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