Green Mountain Coffee 4Q profit nearly doubles

WATERBURY, Vt. (AP) -- Specialty coffee maker Green Mountain Coffee Roasters Inc. reported Wednesday that its fiscal fourth-quarter profit nearly doubled as sales jumped 45 percent.

The company also gave earnings guidance for fiscal 2009 that, when certain items are excluded, is in line with Wall Street expectations.

For the three months ended Sept. 27, the company said it recorded net income of $7.1 million, or 28 cents a share, a 98 percent increase from the profit of $3.6 million, or 14 cents a share, recorded a year earlier.

Sales rose to $134.8 million from $93 million.

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