Quantcast

Green Mountain Coffee stock price surges - WCAX.COM Local Vermont News, Weather and Sports-

Green Mountain Coffee stock price surges

Posted: Updated:
WATERBURY, Vt. -

Green Mountain Coffee Roasters' stock price is surging following a strong earnings report Tuesday.

The Waterbury company reported quarterly earnings of nearly $92 million and a total revenue increase of 33 percent. The company credits stronger sales and price increases for its single-serving Keurig K-Cups.

Green Mountain Coffee's stock price jumped $7 in after-hours trading and continued to tick upward Wednesday to $36 at midday. The company's stock has generally been in decline since its meteoric rise in 2011.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.