Green Mountain Coffee Roasters Reports Q1 EPS of $.18 vs. $.16

Green Mountain Coffee Roasters, Inc., GMCR today announced its fiscal 2011 first quarter results for the thirteen weeks ended December 25, 2010. Net sales for the first quarter of fiscal 2011 increased 67% to $575.0 million as compared to $345.2 million for the first quarter of fiscal 2010. Under Generally Accepted Accounting Principles (GAAP), net income for the first quarter of fiscal 2011 totaled $2.2 million, or $0.02 per diluted share, representing a decrease of 78% as compared to GAAP net income of $10.1 million, or $0.07 per diluted share, for the first quarter of fiscal 2010.