Keurig Green Mountain (GMCR) Tops Q3 EPS by 1c, Q4 EPS Guidance Falls Short

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Keurig Green Mountain Reports Third Quarter 2015 Results, Announces Productivity Initiative and $1 Billion Share Repurchase Authorization

August 5, 2015 4:00 PM EDT

Non-GAAP EPS1 of $0.80 and GAAP EPS of $0.73 Net sales decline of 5%; 4% excluding foreign currency Pod equivalent servings2 volume growth of 5% with 12% growth in U.S. At Home Channels Announces multi-year productivity program expected to generate approximately $300 million in cost savings over 3 years Approves $1 billion share repurchase authorization Approves $0.2875 per share cash dividend

WATERBURY, Vt.--(BUSINESS WIRE)-- Keurig Green Mountain, Inc. (NASDAQ: GMCR), a leader in specialty... More