Green Mountain Coffee Surges 25% on Better Than Expected Results
Green Mountain Coffee just reported earnings which beat expectations. The street expected EPS of $0.48 versus reported earnings per share of $0.64. Net sales rose to $947 million from $712 million in the prior year. Shares of Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) are soaring on the news, up over 25% in after hours trading.
GMCR is a favorite of short sellers, including one of the most famous ones, David Einhorn of Greenlight Capital. We spoke to some shorts and they . . .
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