Companies and Brands
Green Mountain Earnings Boost, Issues 2013 Outlook
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Here is the guidance for the first quarter and full-year 2013:
Be advised that this last quarter looks like a huge win but there is an exception due to an extra week in its fiscal year. The company said that its fourth quarter gross margin declined to 33.4% from 35.7% a year ago to demand-related investments in fiscal 2012.
Green Mountain shares had been rising of late and shares closed at $28.94. Those gains are being stretched even further as the company’s stock is up 17% around $34.00 in the after-hours trading against a 52-week range of %$17.11 to $71.15.
JON C. OGG
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