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Aggressive Growth

Green Mountain Coffee Roasters Inc.

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May 11, 2009 |Comments: 0
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The Zacks Rank Buys featured in this article are: Green Mountain Coffee Roasters Inc (GMCR, American Medical Systems (AMMD), Rent A Center, Inc. (RCII), Visa, Inc. (V), and MWI Veterinary Supply, Inc. (MWIV).



Green Mountain Coffee Roasters Inc (GMCR continues to grow rapidly and just reported yet another earnings surprise.

Company Description

Green Mountain Coffee Roasters, Inc is a prominent fixture in the specialty coffee industry. The company sells a wide variety of coffee blends commercially and direct to customers in addition to teas, hot cocoa, and Keurig brewing products. Green Mountain is a socially responsible company headquartered in Waterbury, Vermont and has a market cap of approximately $2 billion.

Sales Up 60%

On Apr 29 Green Mountain announced second-quarter results that included sales of $193.4 million, a 60% year-over-year increase from $120.9 million. Earnings per share came in at 50 cents, more that double last year's 23 cents. The figure topped the consensus estimate by 14 cents and was the fifth consecutive surprise.

This was the eleventh consecutive quarter with top-line growth of at least 39%. The explosive growth has caused analysts to raise estimates. The consensus for 2009 is now $1.51, up from $1.30 since the report. Estimates for 2010 are averaging $1.98, up from $1.69.

These figures represent 74% growth this year and 31% in 2010.

The Chart

The coffee roaster's shares have surged on an excellent earnings history and exponential growth. Take a look at the chart below.

Read the February 9th Feature Here

Last Week's Aggressive Growth Zacks Rank Buy Stocks

American Medical Systems (AMMD) just beat the Street's expectations and shares have surged in response.

Rent A Center, Inc. (RCII) reported solid earnings despite a dip in sales. Since the report investors have been buying up shares. Read Full Article.

Visa, Inc. (V) has yet to miss expectations since it first went public and analysts are rapidly raising estimates. Read Full Article.

MWI Veterinary Supply, Inc. (MWIV) continues to climb following its most recent earnings release. Read Full Article.

Read the full analyst report on GMCR

 

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DJIA 12891.75  7.80 0.06%
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