Keurig Green Mountain Net Sales Up 10 Percent, Portion Pack Sales Increase 13 Percent Q2 2014

May 9, 2014
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Keurig Green Mountain, Inc., (Keurig) announced its results for the 13 weeks ended March 29, 2014. Net sales were $1.1 billion, up 10 percent from the year ago period.

The 13 percent increase in portion pack-related net sales over the prior year period was driven by a 15 percentage point increase due to sales volume and a 2 percentage point increase due to portion pack product mix partially offset by a 4 percentage point decrease due to net price realization and the impact of foreign currency exchange.

Approximately 94 percent of consolidated second quarter fiscal year 2014 net sales were sales of Keurig® Single Cup Brewers, portion packs and Keurig®-related accessories, with the remainder of net sales consisting primarily of bagged coffee, fractional packs and the company's Canadian office coffee services business. Full report.


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