Green Mountain Coffee Roasters
The 10-second takeaway
For the quarter ended Sep. 29 (Q4), Green Mountain Coffee Roasters beat expectations on revenues and crushed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew significantly.
Gross margins contracted, operating margins grew, net margins dropped.
Green Mountain Coffee Roasters logged revenue of $946.7 million. The 13 analysts polled by S&P Capital IQ looked for a top line of $902.3 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $711.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.64. The 12 earnings estimates compiled by S&P Capital IQ forecast $0.48 per share. GAAP EPS of $0.58 for Q4 were 23% higher than the prior-year quarter's $0.47 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 33.4%, 230 basis points worse than the prior-year quarter. Operating margin was 15.2%, 20 basis points better than the prior-year quarter. Net margin was 9.7%, 90 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $1.27 billion. On the bottom line, the average EPS estimate is $0.59.
Next year's average estimate for revenue is $4.39 billion. The average EPS estimate is $2.51.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,063 members out of 1,502 rating the stock outperform, and 439 members rating it underperform. Among 377 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 252 give Green Mountain Coffee Roasters a green thumbs-up, and 125 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Green Mountain Coffee Roasters is outperform, with an average price target of $36.60.
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