Starbucks Gives Peers a Jolt

Green Mountain Coffee Roasters (NASDAQ:GMCR) got a lift after remarks made from fellow coffee company Starbucks Corporation (NASDAQ:SBUX) during their fourth quarter earnings call.

Investing Insights: Starbucks Corp Earnings Cheat Sheet: Profits Grow by Double Digits For Fifth Straight Quarter.

Starbucks CEO Howard Schultz said that he expects his company to ship 50,000 K-Cups by month’s end. K-Cup sales will drive future earnings per share up for the company and lucky for Green Mountain, it will receive a royalty on each Starbucks K-Cup shipment.

In August, Starbucks (NASDAQ:SBUX) announced its K-cup portion pack would be available for Green Mountain’s Keurig brewing system in November for retail sales. It had forecast that K-cup sales could grow into a $1 billion-plus business in time.

Here’s how coffee companies are trading:

  • Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR): The shares recently traded at $70.91, up $4.01, or 5.99%. Its market capitalization is $10.86 billion. They have traded in a 52-week range of $29.55 to $115.98. Volume today was 5,371,390 shares versus a 3-month average volume of 5,410,020 shares. The company’s trailing P/E is 68.58, while trailing earnings are $1.03 per share. About the company: Green Mountain Coffee Roasters, Inc. roasts Arabica coffees and offers various coffee selections. The Company’s products include single-origin, estate, certified organic, Fair Trade, signature blends, and flavored coffees sold under the Green Mountain Coffee Roasters brand. Green Mountain serves offices, supermarkets, and convenience stores, and operates a direct mail business. Get the most recent company news and stock data here >>
  • Starbucks Corp. (NASDAQ:SBUX): The shares recently traded at $44.47, up $3.07, or 7.42%. Its market capitalization is $33.18 billion. They have traded in a 52-week range of $29.45 to $44.48. Volume today was 8,927,090 shares versus a 3-month average volume of 8,503,460 shares. The company’s trailing P/E is 29.23, while trailing earnings are $1.52 per share. The company pays a dividend of $0.52 per share for a dividend yield of 1.30%. About the company: Starbucks Corporation retails, roasts, and provides its own brand of specialty coffee. The Company operates retail locations worldwide and sells whole bean coffees through its sales group, direct response business, supermarkets, and on the World Wide Web. Starbucks also produces and sells bottled coffee drinks and a line of ice creams. Get the most recent company news and stock data here >>
  • Dunkin’ Brands Group Inc. (NASDAQ:DNKN): The shares recently traded at $26.12, down $0.02, or 0.08%. Its market capitalization is $3.14 billion. They have traded in a 52-week range of $24.97 to $31.94. Volume today was 231,056 shares versus a 3-month average volume of 781,830 shares. The company’s trailing P/E is 37.64, while trailing earnings are $0.69 per share. About the company: The owner of Dunkin’ Donuts Baskin-Robbins has more than 14,800 points of distribution in 44 countries, and approximately 120 years of combined history. Get the most recent company news and stock data here >>
  • Peet’s Coffee & Tea Inc. (NASDAQ:PEET): The shares recently traded at $61.21, down $1.29, or 2.06%. Its market capitalization is $790.16 million. They have traded in a 52-week range of $37.34 to $65.00. Volume today was 54,718 shares versus a 3-month average volume of 181,042 shares. The company’s trailing P/E is 39.67, while trailing earnings are $1.54 per share. About the company: Peet’s Coffee & Tea Inc. markets fresh roasted whole bean coffee. The Company distributes its products through specialty grocery and gourmet food stores, mail order, and office and restaurant accounts. Get the most recent company news and stock data here >>
  • Caribou Coffee Company, Inc. (NASDAQ:CBOU): The shares recently traded at $14.57, up $0.45, or 3.19%. Its market capitalization is $302.17 million. They have traded in a 52-week range of $8.50 to $17.40. Volume today was 208,895 shares versus a 3-month average volume of 647,194 shares. The company’s trailing P/E is 8.77, while trailing earnings are $1.66 per share. About the company: Caribou Coffee Company Inc is a company-owned gourmet coffeehouse operator. The Company offers high-quality gourmet coffee and espresso-based beverages, specialty teas, baked goods, whole bean coffee, and branded merchandise. Get the most recent company news and stock data here >>