Starbucks and Green Mountain Coffee Roasters cfofee a five-year agreement on Wednesday to to triple the number of Starbucks-branded items made for Keurig single-serve coffee machines, the companies said in a release. The companies announced their partnership would continue. Separately, Green Mountain on Wednesday stronger sales helped lift its profit by 42 percent in its fiscal second quarter. The video does not exist in the system. A Time Warner Company. To share in the experience, please visit us in our stores or online at www. Starbucks and Green Mountain Coffee Roasters Expand Partnership.
Green Mountain coffee announced it's entered into a five-year deal with Starbucks. Trading in Green Mountain has been halted on the announcement. Todays announcement recognizes the tremendous success of the Starbucks and GMCR strategic relationship, and both companies desire to broaden, deepen and significantly extend their partnership.
Financial terms of the agreement were not disclosed. It's a win-win-win agreement for both companies and for premium coffee consumers around the world. KelleyGMCRs President and CEO. IRIa leading market research company focused on the consumer packaged goods CPG and retail industries. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world.
Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at www. Certain statements contained herein are not based on historical fact and are "forward-looking statements" within the meaning of the applicable securities laws and regulations.
Generally, green mountain coffee starbucks partnership statements can be identified by the use of words such as "anticipate," "believe," "could," "estimate," "expect," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "will," "would," and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.
These green mountain coffee starbucks partnership are based on information available to Starbucks as of the date hereof, and Starbucks actual results or performance could differ materially from those stated or implied, due to risks and uncertainties associated with its business. Forward-looking statements reflect management's analysis as of the date of this release.
Starbucks does not undertake to revise these statements to reflect subsequent developments, except as required under the federal securities laws. GMCR supports local and global communities by investing in sustainably-grown coffee, and donating a portion of its profits to social and environmental projects. GMCR routinely posts information that may be of importance to investors in the Investor Relations section of its website, including news releases and its complete financial statements, as filed with the SEC SCUR.
Certain information contained in this release, including statements concerning expected performance such as those relating to net sales, earnings, cost savings, acquisitions and brand marketing support, are "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of Generally, these statements may be identified by the use of words such as "may," "will," "would," "expect," "should," "anticipate," "estimate," "believe," "forecast," "intend," green mountain coffee starbucks partnership and similar expressions intended to identify forward-looking statements.
These statements may relate to: the expected impact of raw material costs and our pricing actions on our results of operations and gross margins, expected trends in net sales and earnings performance and other financial the expected productivity and working capital improvements, the ability to maximize or successfully assert our intellectual property rights, the success of introducing and producing new product offerings, ability to attract and retain senior management, the impact of foreign exchange fluctuations, the adequacy of internally generated funds and existing sources of liquidity, such as the availability of bank financing, the expected results of operations of businesses acquired by us, our ability to issue debt or additional equity securities, our green mountain coffee starbucks partnership regarding purchasing green mountain coffee starbucks partnership of our common stock under the existing authorizations, and the impact of the inquiry initiated by the SEC and any related litigation or additional governmental inquiry or enforcement proceedings.
These and other forward-looking statements are based on management's current views and assumptions and involve risks and uncertainties that could significantly affect expected results.
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Starbucks and Green Mountain Coffee Roasters This agreement further strengthens our North American partnership with Starbucks and expands our relationship to. May 08, · Green Mountain Coffee Crushes Earnings And Signs A Green Mountain coffee announced it's American partnership with Starbucks and. May 08, · Starbucks has signed a new five-year contract that triples the number of branded single-serve packs it makes for Green Mountain 's Starbucks has signed.