Green Mountain (GMCR) Posts Blowout Q1, Ho-Hum Guidance
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In addition to posting blow-out earning, investors also have their eye on guidance and inventory at Green Mountain Coffee Roasters (NASDAQ: GMCR).
The company sees Q2 EPS of $0.60 to $0.65 per share, versus the consensus of $0.73. The company sees net sales growth of 45% to 50%.
Inventories were $606.7 million at December 24, 2011 compared to $269.1 million at December 25, 2010.
For Q1, the company posted EPS of $0.60, $0.24 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.06 billion.
Shares remain halted for trading but will resume at 4:30PM ET.
The company sees Q2 EPS of $0.60 to $0.65 per share, versus the consensus of $0.73. The company sees net sales growth of 45% to 50%.
Inventories were $606.7 million at December 24, 2011 compared to $269.1 million at December 25, 2010.
For Q1, the company posted EPS of $0.60, $0.24 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.06 billion.
Shares remain halted for trading but will resume at 4:30PM ET.
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