Green Mountain Coffee Reports

Green Mountain Coffee Reports 25.6 Percent Net Sales Gain For Second Quarter, Driven By Keurig K-Cups

Green Mountain Coffee Roasters Inc. reported net sales for the second quarter ending April 8, 2006 increased 26.5 percent to $46.8 million, up from $37 million in the second quarter of 2005. Total coffee pounds shipped were up 20.6 percent to 5.4 million pounds. Net income increased 33.7 percent to $2.3 million, before recognition of a non-cash loss related to the equity investment in Keurig Inc. After recognition of this investment, the net income was $ 3 million or $0.25 per diluted share, including recognition of a non-cash stock compensation charge of $361,000, or about $0.04 per share. The current quarter net income compares to $3 million or $0.26 per diluted share for the second quarter of fiscal 2005.

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