Keurig Drives 30% Profit Growth For Green Mountain In Q3

TAGS: coffee, office coffee service, OCS business, vending, Green Mountain Coffee Roasters Inc., Lawrence J. Blanford, GMCR 2012 third quarter, Keurig single-up brewing system, K-Cup, Keurig Vue, Starbucks, Kroger's WATERBURY, VT -- Green Mountain Coffee Roasters Inc.'s net income increased 30% in the third quarter of fiscal 2012, pushed by demand for its Keurig single-up brewing system. Net income in the quarter ended June 23 was $73.3 million, or 47¢ a share, up from $56.35 million, or 38¢ per share, in the same period a year ago. Net sales increased 15% to $303.31 million, from $264.08 million a year