Green Mountain Coffee Roasters, Inc. Raises FY 2009 Revenue Outlook; Issues FY 2009 Outlook
Wednesday, 29 Apr 2009 04:00pm EDT
Green Mountain Coffee Roasters, Inc. announced that for fiscal 2009, it expects total consolidated net sales growth of 58% to 61%, up from prior estimates of 43% to 48%, fully diluted GAAP earnings per share (EPS) to be in the range of $1.87 to $1.93 per share, including the pre-tax $17 million or $0.40 per diluted share Kraft patent litigation settlement, and including the non-cash amortization expenses related to the identifiable intangibles of $5.3 million or approximately $0.12 per share. Excluding the Kraft litigation settlement, fully diluted non-GAAP EPS in the range of $1.47 to $1.53 per share, up from prior estimates of $1.25 to $1.35 per share.