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Keurig Misses In Q2, Cuts Views As 2.0 Brewer Slumps
2015-05-07 00:58:52| Beverages - Topix.net
Earnings fell 5% to $1.03 a share, missing views by 2 cents. Revenue increased 2% to $1.127 billion, below the consensus of $1.152 billion.
Tags: views
cuts
misses
brewer
Keurig cuts 2015 forecast amid slower sales
2015-05-07 00:27:08| Food - Topix.net
Keurig Green Mountain Inc cut its full-year sales and profit forecasts as the company struggles to convince consumers to take up its new Keurig 2.0 brewing system, sending its shares sharply lower in extended trading. Sales of Keurig's brewers have slowed in the past two quarters due to high prices of the 2.0 brewing system, poor initial reviews and confusion over whether the new machine could still brew certain brands.
Tags: sales
cuts
forecast
slower
Keurig Green Mountain changes its research chief
2015-05-07 00:23:29| Appliances - Topix.net
The company issued an unusual statement on Monday , two days before its quarterly earnings call, denying a shake-up in its research and development division. It was a quirky way of announcing that the company had hired Mark Choe from Whirlpool Corp. as the new chief technology officer .
Tags: research
green
chief
mountain
Earnings Outlook: What to look for in Keurig Green Mountain earnings
2015-05-05 23:05:18| Beverages - Topix.net
Along with tepid sales, the first quarter was dented by customer rejection of a new line of machines, as well as a recall of mini single-serve brewers due to a fault that caused water to overheat and scald users. The new machine, the Keurig 2.0, frustrated buyers when they discovered it didn't work with their old single-serve packs.
Tags: green
mountain
outlook
earnings
Comment - Soft Drinks & Water - Will Keurig Kold come to Coca-Cola Co's Rescue?
2015-04-15 15:20:00| Daily beverage news and comment - from just-drinks.com
Will the next innovation in at-home carbonation prove to be the silver bullet for The Coca-Cola Co? Richard Corbett considers the prospects for the Keurig Kold.
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