Tag Archives: Keurig Green Mountain

Keurig Posts Strong Net Gains for Q4, FY

Keurig Green Mountain

WATERBURY, Vt.-Closing what Brian Kelley, its president and CEO, described as “an exciting year,” Keurig Green Mountain reported fourth-quarter net income of $141.1 million, up 11.1 percent. This brought net income for the fiscal year ending on Sept. 27 to $596.5 million, an increase of 23.4 percent. Kelley said Keurig executed successfully on its strategicMore »

Last updated: November 20, 2014

Keurig, Supervalu Team for Java Delight Coffee

Java Delight Coffee K-Cups

WATERBURY, Vt.-Keurig Green Mountain has partnered with Supervalu, the grocery wholesaler and retailer, for a line of K-Cup coffee packs branded under Java Delight. The new packs will be offered in Supervalu’s company stores, which include Cub Foods, Hornbacher’s, Shop ‘n Save, Shoppers Food & Pharmacy and Farm Fresh. They will also be available inMore »

Last updated: October 30, 2014

Keurig to Offer W.B. Mason’s Shazam Coffee

Keurig Green Mountain

WATERBURY, Vt.-In the latest of a series of agreements expanding its K-Cup brand offerings, Keurig Green Mountain has formed a multiyear partnership with office-products dealer W.B. Mason for a line of K-Cup packs with W.B. Mason’s Shazam coffee. The Shazam line will be the first addition to the Keurig brand family from an authorized KeurigMore »

Last updated: October 9, 2014

Keurig Green Mountain Adds Coca-Cola’s Reyes to Board

Jose Octavio Reyes

WATERBURY, Vt.-Jose Octavio Reyes Lagunes, retired vice chairman of The Coca-Cola Export Corp., has been appointed to Keurig Green Mountain’s board of directors. The naming of Reyes increases Keurig Green Mountain’s board to 12 members, 11 of whom are independent. He retired as Coca-Cola Export’s chairman in April of this year after a two-year stintMore »

Last updated: August 29, 2014

Keurig Crafts License with Kraft Foods

Keurig Green Mountain

WATERBURY, Vt.-Keurig Green Mountain has reached a multiyear license, manufacturing and distribution agreement with Kraft Foods Group for a line of Keurig portion packs with Kraft’s branded coffees, specifically for Keurig consumer and commercial brewing systems. Financial terms of the agreement were not disclosed in a joint statement from the two companies. The agreement callsMore »

Last updated: August 22, 2014

Keurig Hikes Portion Pack Prices

Keurig Green Mountain

WATERBURY, Vt.-Keurig Green Mountain has instituted a 9 percent increase in the prices of all portion packs it sells for use in Keurig brewing systems, effective Nov. 3. According to a company statement, the increase is a direct response to several factors that have affected costs of coffee and consumer packaged goods. These include aMore »

Last updated: August 14, 2014

Keurig Green Mountain Net Up 33.4 Percent in Q3

Keurig Green Mountain

WATERBURY, Vt.-With sales of the company’s single-cup brewing products continuing to drive growth, Keurig Green Mountain posted net income of $155.2 million, an increase of 33.4 percent, in its fiscal third quarter ending on June 28. Net sales gained 5.7 percent to finish the quarter at $1 billion. Much of the top-line increase came fromMore »

Last updated: August 7, 2014

Keurig Launches Cafe Bustelo K-Cups

Cafe Bustelo

ORRVILLE, Ohio-Keurig Green Mountain has introduced a line of Cafe Bustelo K-Cup packs, as part of its recent multiyear agreement to extend the brewer brand’s partnership with Cafe Bustelo parent J.M. Smucker. The new line comes in two single-serve varieties, Espresso Style and 100% Colombian Coffee. John Whoriskey, president of Keurig’s U.S. sales and marketing,More »

Last updated: July 21, 2014