Green Mountain Coffee Roasters Inc. (GMCR) posted fourth quarter net income of $14.4 million or $0.34 per share, compared to $7.1 million or $0.18 per share in the fourth quarter last year.
On average, eight analysts polled by Thomson Reuters expected the company to report earnings of $0.33 per share. Analysts' estimates typically exclude special items.
Net sales for the fourth quarter were up 65% to $222.2 million from $134.8 million in the prior year period. Six Wall Street analysts expected revenues of $216.61 million.
Looking forward, for the fiscal year 2010, the company now expects earnings per share in a range of $1.75 to $1.85 from its prior estimates in the range of $1.70 to $1.80. Street analysts expect earnings of $1.77 per share.
Total consolidated net sales growth is estimated to range from 50% to 55%, up from its prior estimates in the range of 45% to 50%.
Further ahead, for the first quarter, GAAP earnings per share is estimated in the range of $0.11 to $0.15. Street analysts expect earnings of $0.21 per share.
Total consolidated net sales growth is projected to range from 61% to 66%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.