Boston, MA, 11\/22\/2013 (wallstreetpr) \u2013 Green Mountain Coffee Rosters Inc. (NASDAQ:GMCR)<\/b>,\u00a0 the popular Keurig single cup maker, has posted an increase in their profits for the fourth quarter. The company\u2019s results as announced on Wednesday, showed a 38% sizable increase in its profits which has led it to become a dominant market player. The company\u2019s fourth quarter earnings and revenues are well ahead of the market estimates.<\/p>\n
As per the earnings call, the company\u2019s sales grew impressively to $777.9 million, a 11% growth in their famous portion packs of Keurig Coffee. The company\u2019s combined sales from its brewers and accessories recorded an increase in growth by 27 percent and the revenues and earnings are valued at $109.4 million. Keurig single cup brewers scored as the biggest contributor to the sales as sales from the brewers along with portion packs and other accessories added 92% to the total revenues.<\/p>\n
Overall, Green Mountain Coffee Rosters Inc. (NASDAQ:GMCR) <\/b>performed well in its recent earnings as the revenues touched $1.05 billion mark as against the previous year\u2019s record of 946.7 million. This is almost 16% annual revenue growth in the fiscal year 2013 from that of the previous year. The year was remarkable for the company as it achieved the gross margin of 36% as compared to 33.6 percent during the last year. The Waterbury, Vermon based coffee maker realized profits of $127 million. The company\u2019s earnings per share stood notably at 83 cents per share, as against the analyst expectation of 75 cents per share. During the last year the EPS of the company was at 58 cents per share.<\/p>\n
While Green Mountain Coffee Rosters Inc. (NASDAQ:GMCR)\u2019s <\/b>rating has been revised upwards by the analysts, the question remains as to how long the company will be able to hold up its market share. Going ahead, the company may expect challenges from potential competitors and grocery storeswho are also catching up the action. This could pose threat to the company\u2019s sales and stock value.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA, 11\/22\/2013 (wallstreetpr) \u2013 Green Mountain Coffee Rosters Inc. (NASDAQ:GMCR),\u00a0 the popular Keurig single cup maker, has posted an increase in their profits for […]<\/p>\n","protected":false},"author":32,"featured_media":12685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236,1483],"tags":[4164,4165,1270,4166,4167],"stock_ticker":[],"class_list":["post-12684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-hot-news","tag-green-mountain-coffee-rosters-inc-nasdaqgmcr","tag-keurig-coffee","tag-nasdaqgmcr","tag-the-waterbury","tag-vermon-based-coffee-maker","entry"],"acf":[],"yoast_head":"\n