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August 5, 2015
Keurig drops 27%, will cut workforce amid declining sales
"While we are not pleased with our revenue growth, we delivered earnings at the high end of our previous guidance," Keurig Chief Executive Brian Kelley said in a statement.
Delivering earnings at the high end of guidance must make him very proud!
Keurig's net income fell to $113.6 million, or 73 cents a share, in the third quarter ended June 27 from $155.2 million, or 94 cents a share a year earlier.
Get out the party hats! ;)
Schedule for Week of August 17, 2025
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The key reports this week are July Housing Starts and Existing Home sales.
Fed Chair Jerome Powell will speak on the "Economic Outlook" at the Jackson
Hole...
6 hours ago
3 comments:
While we did not win any Olympic medals, we did meet or exceed our goal of placing last in every event!
IOmega. Oh my oh mega fail! We have a Keurig. Love it. Turns out they weren't smart, just lucky. They created probably the first new appliance since the mini blender... err... the salad shooter... err... No. Seriously since the microwave. Press the button get the sweet sweet caffeinated dosage. The 2.0 showed just how stupid they are. Good for us as it means the sector will fill the vacuum.
Not a fan of greedy Frustration 2.0?
I'm shocked! Shocked I tell you!!
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