Recovering North America Market Boosts Growth for Green Mountain Coffee Roasters and Coffee Holding
The Paragon Report Provides Stock Research on Green Mountain Coffee Roasters & Coffee Holding
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 02/01/12 -- Coffee stocks have performed well in the early stages of 2012. While Europe's economic crisis weighs on demand in the region, coffee companies have benefited from strong North American demand as well as increased coffee consumption in emerging markets. The Paragon Report examines the outlook for companies in the Coffee industry and provides equity research on Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) and Coffee Holding Co. (NYSE: JVA). Access to the full company reports can be found at:
A drop in coffee bean prices could assist profit margins in the industry. Coffee prices on the Nairobi Coffee Exchange (NCE) retreated last month in response to a correction in the international market following record prices of the commodity last year. "Prices last year were abnormal and we expected a correction of the prices both globally and locally," David Muriithi, communications manager at NCE, argues.
Coffee prices on the international market dropped to below $2 per kilogram starting October last year for the first time in ten months, signalling the end of abnormal prices, Business Daily reports.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the coffee industry register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Last week, Coffee Holding Co reported fourth-quarter net income of $812 thousand or $0.14 per share, compared to $2.4 million or $0.44 per share in the year ago quarter. Net sales for the quarter were $146.76 million, up from $83.49 million last year. The increase in net sales reflects higher coffee prices during the fiscal year ended 2011 as compared to the fiscal year ended 2010, as well as an increase in pounds of coffee sold, the company said in a statement.
Green Mountain Coffee Roasters operates in the specialty coffee industry in the United States and internationally. It sells approximately 200 whole bean and ground coffee selections, cocoa, teas, and coffees.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at .
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Datum: 01.02.2012 - 13:20 Uhr
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