26.08.2013 14:00:00
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Financial Results, Proposed Settlement Agreements, and Product Launches - Research Report on Green Mountain Coffee Roasters, J.M. Smucker, Dr Pepper Snapple, Diamond Foods, and Annie's
NEW YORK, August 26, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), The J.M. Smucker Company (NYSE: SJM), Dr Pepper Snapple Group Inc. (NYSE: DPS), Diamond Foods, Inc. (NASDAQ: DMND), and Annie's Inc. (NYSE: BNNY). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Green Mountain Coffee Roasters Inc. Research Report
On August 21, 2013 Green Mountain Coffee Roasters Inc. (GMCR) announced the launch of Fair Trade Certified Green Mountain Coffee Three Continent Blend, a unique, expertly blended coffee from three distinctive coffee-growing regions around the world. According to the Company, the Three Continent Blend unites the flavors and aromas of coffee from South America, Africa, and Asia. GMCR said that the new offer will be introduced just prior to the 10th Annual Fair Trade Month in October 2013. According to the Company, customers assist coffee farmers in receiving a fair price for their beans by purchasing the Fair Trade Certified Three Continent Blend. The Full Research Report on Green Mountain Coffee Roasters Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/GMCR]
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The J.M. Smucker Company Research Report
On August 21, 2013, The J.M. Smucker Company (J.M. Smucker) announced its Q1 FY 2014 financial results (period ended July 31, 2013). The Company reported net sales decline of 1.4% YoY to $1.4 billion. GAAP net income was $126.6 million or $1.19 per diluted share, compared to $110.9 million or $1.00 per diluted share in Q1 FY 2013. Non GAAP diluted EPS came in at $1.24 compared to $1.17 in Q1 FY 2013. Vince Byrd, President and Chief Operating Officer, said, "We experienced solid volume growth across a majority of our key categories during the quarter. Consumers have responded very well to our new product innovation, marketing, and merchandising activities. As commodity costs have moderated, we have been able to give consumers even greater value and the response has been favorable."For full-year FY 2014, J.M. Smucker expects net sales to decline by approximately 1% YoY. The Company also increased its full-year FY 2014 non-GAAP diluted EPS guidance to the range of $5.72 to $5.82, from prior guidance of $5.65 to $5.75. The Full Research Report on The J.M. Smucker Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/SJM
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Dr Pepper Snapple Group Inc. Research Report
On August 21, 2013, Dr Pepper Snapple Group Inc. (DPS) announced that Mott's, one of the Company's brands, has agreed to support Box Tops for Education, which benefits 90,000 participating schools across America. According to the Company, consumers can find Box Tops on specially marked Mott's snacks including single-serve applesauce cups, Mott's Medleys Fruit and Veggie snack cups, and Snack & Go Applesauce Pouches. Customers can earn cash for their local schools by clipping Box Tops from participating products and sending them to the school. The Company stated that enrolled schools can earn up to $20,000 per year. The Full Research Report on Dr Pepper Snapple Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/DPS]
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Diamond Foods, Inc. Research Report
On August 21, 2013, Diamond Foods, Inc. (Diamond Foods) announced that it has reached a proposed agreement to settle the private securities class action pending against the Company and two of its former officers, subject to Court approval. The Company stated that under the terms of the proposed settlement, Diamond Foods will pay a total of $11 million in cash and issue c.4.5 million shares of common stock to a Settlement Fund to fulfill all claims asserted on behalf of investors who purchased or otherwise acquired Diamond Foods stock between October 5, 2010 and February 8, 2012. In addition, the Company announced preliminary Q4 FY 2013 and full-year FY 2013 expectations for net sales in the range of $196 million to $201 million, and $860 million to $865 million, respectively; and adjusted EBITDA in the range of $21 million to $24 million, and $98 million to $101 million, respectively. The Full Research Report on Diamond Foods, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/DMND]
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Annie's Inc. Research Report
On August 8, 2013, Annie's Inc. reported its Q1 FY 2014 financial results (period ended June 30, 2013). The Company's net sales increased 13.8% YoY to $39.0 million. Net income was $2.0 million or $0.12 per diluted share compared to net income of $2.1 million or $0.12 per diluted share in Q1 FY 2013. John Foraker, CEO of Annie's, said, "Our products continue to perform exceptionally well in the marketplace, as we benefit from the strength of the Annie's brand, the quality of our products, and our efforts to expand and improve distribution. While our financial results were negatively impacted by the timing of Easter deliveries and the implementation of an inventory optimization system by a large customer, we expect results for future." For full-year FY 2014, the Company expects adjusted net sales growth of 18% to 20% YoY, and adjusted diluted EPS in the range of $0.97 to $1.01. The Full Research Report on Annie's Inc. - including full detailed breakdown, analyst ratings and price targets - is available periods to better reflect our underlying business momentum to download free of charge at: [http://www.investorsreports.com/report/2013-08-21/BNNY]
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SOURCE Investors' Reports
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