Tag Archives: Brian Kelley

Keurig Q2 Net Rises 22.4 Percent

Keurig Green Mountain

WATERBURY, Vt.-Strong sales and a tight hand on expenses propelled Keurig Green Mountain to a 22.4 percent jump in second-quarter net income, to $162.1 million. Net sales rose 9.8 percent to $1.1 billion in the quarter, which ended on March 29. Selling, general and administrative expenses were flat in dollars and declined by 109 basisMore »

Last updated: May 9, 2014

GMCR Changes Name to Keurig Green Mountain

Keurig Green Mountain

WATERBURY, Vt.-Recognizing the importance of the Keurig brand to its business, Green Mountain Coffee Roasters (GMCR) has changed its corporate name to Keurig Green Mountain. The company’s shareholders approved the new name at last week’s annual shareholders meeting. Brian Kelley, president and CEO, said, “Our new name better reflects who we are as a companyMore »

Last updated: March 11, 2014

GMCR to Offer Krispy Kreme Packs for Keurig Brewers

Krispy Kreme K-Cup packs

WATERBURY, Vt.-Green Mountain Coffee Roasters (GMCR), parent of the Keurig brand, has reached a multiyear agreement with Krispy Kreme which will bring Krispy Kreme signature coffee to K-Cup packs for the Keurig brewing system. The agreement calls for Krispy Kreme coffees, smooth and decaffeinated, to appear in K-Cup packs by the end of this year.More »

Last updated: February 10, 2014

GMCR Posts 28.5 Percent Net Gain in Q1

GMCR

WATERBURY, Vt.-Keurig brand parent Green Mountain Coffee Roasters (GMCR) began its fiscal year with a 28.5 percent jump in net income, which totaled $138.2 million. Expenses controls helped fuel the bottom-line growth. Operating expenses in the quarter, which ended on Dec. 28, were virtually flat in dollars and declined 56 basis points to 17.1 percent.More »

Last updated: February 6, 2014

Green Mountain Coffee Roasters Launches Keurig K-Carafe

Keurig 2.0 Brewing System

WATERBURY, Vt.-Green Mountain Coffee Roasters (GMCR) has unveiled the K-Carafe capability for its Keurig 2.0 Brewing System. The Keurig 2.0 brewers will be the first system to brew both one cup using a single-serve pack and a carafe of coffee using the Keurig K-Carafe pack. A number of Keurig’s family of beverage brands, including partnerMore »

Last updated: January 29, 2014

O’Brien Tabbed to Lead GMCR Asia-Pacific Business

GMCR

WATERBURY, Vt.-Green Mountain Coffee Roasters (GMCR), parent of the Keurig single-serve brewing brand, has named Paul O’Brien president, Asia Pacific, a newly created position. The move puts O’Brien in charge of managing GMCR’s business in that region, and he reports directly to GMCR President and CEO Brian Kelley. He has come to GMCR from SaraMore »

Last updated: October 15, 2013