Keurig Green Mountain Announces Price Increase - Quick Facts

(RTTNews) - Keurig Green Mountain, Inc. (GMCR) announced a price increase of up to 9% on all portion packs sold by Keurig for use in its Keurig brewing systems and on all its traditional bagged, fractional packs, and bulk coffee products. The price increase will be effective beginning November 3, 2014.

The company said the price increase is in direct response to several factors affecting the cost environment in the coffee and consumer packaged goods industries, generally, including a sustained increase in the price of green coffee and cocoa, along with increases in packaging materials, energy, and transportation costs.