Consumer Stocks: 6 Outperformers With Upside
22.09.11
These six consumer stocks have vend capitalizations of up to $2.5 billion and the potential to deliver captivating returns. They returned an average 59% in the last year, while the Dow returned around 4.8%. These six have spicy buy rating of 63%-85%. 6. Green Mountain Coffee Roasters engages in the specialty coffee and coffee-maker businesses. The Theatre troupe has presence across segments like the specialty coffee business module and Keurig. For the third quarter of fiscal 2011, revenue jumped 127% year-over-year to $717 million. Around 82% of consolidated net sales in the second billet came from the Keurig business unit. Lawrence J. Blanford, president and CEO, said in a stress a newspapers statement: "In addition to continued strong consumer adoption of the Keurig Unattached-Cup Brewing system, we believe our third quarter benefitted from our first-ever significant start advertising and brand support programs, designed to originate utter awareness of the Keurig Single-Cup Brewing system and of our Brew Over Ice™
Source: TheStreet.com
Keurig Warns Customers Of Mold In Descaling Solution
16.09.11
OKLAHOMA Metropolis, Okla. -- Kuerig, maker of coffee machines, is notifying customers about its descaling clarification, warning it could clog brewers and contains a small amount of household mold.
The establishment said white fibrous materials in the solution could obstruct the brewer.
A former U.S. Food and Drug Administration official said the secondary amount of household mold in the liquid poses no risk to coffee drinkers.
Kuerig has offered to put back brewers if customers have used the descaling liquid on coffee makers.
Customers can call 855-871-6065 for more details.
Keurig released this annunciation to KOCO:
We've learned that the Keurig™ Descaling Solution we introduced about six weeks ago does not go through our quality standards. Some bottles contain white, fibrous documentation that can clog a brewer and stop it from operating. It is too soon to be tried exactly how this happened. We are working with the manufacturer to determine the birthplace cause.
Preliminary
Source: KOCO Oklahoma City