Corporate Profile for Green Mountain Coffee Inc., dated March 26, 1999.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: March 26, 1999
Company Name: Green Mountain Coffee Inc.
Address: 33 Coffee Lane
Waterbury, VT 05403
Main Telephone
Number: 802-244-5621
Internet Home
Page Address
(URL) www.greenmountaincoffee.com
Chief Executive
Officer: Robert P. Stiller
Chief Financial
Officer: Robert D. Bri
Investor Relations
Contact: Sandie Robinson
Business number: 802-244-5621 x 1103
Public Relations
Contact: Rick Peyser
Business number: 802-244-5621
Trading Symbol/
Exchange: GMCR/ Nasdaq National Market
Industry: Consumer Goods
Market Makers: Janney Montgomery Scott Inc.; Herzog, Heine, Geduld
Inc.; Wedbush Morgan Securities; Mayer & Schweitzer Inc.; Fidelity
Capital Markets (NFSC)
-0- Company description: Green Mountain Coffee Inc. is a leader in the specialty coffee industry. The Company began operation as a small cafe in rural Vermont in 1981, roasting and serving premium coffees on the premises. Green Mountain Coffee was soon providing local restaurants and inns with their coffee as well. While the cafe is no longer open, the Company now owns a 90,000 square foot state-of-the-art roasting and distribution facility in Waterbury, Vermont Waterbury is a town in Washington County in central Vermont. It is also the name of a village within that town. Economy Industry Waterbury is the location of Ben & Jerry's Ice Cream, whose factory tours have become Vermont's most popular tourist attraction. . Last year, Green Mountain Coffee roasted over eight million pounds of high-quality Arabica a·rab·i·ca n. 1. a. A species of coffee, Coffea arabica, originating in Ethiopia and widely cultivated for its high-quality, commercially valuable seeds. b. The beanlike seed of this plant. 2. coffees to produce over 60 varieties including single-origin, estate, certified organic, proprietary blends and flavored coffees that it sells under the Green Mountain Coffee Roasters Green Mountain Coffee Roasters is a publicly-traded brand of coffee based at Waterbury in the U.S. state of Vermont. The brand specializes in organic, fair-trade, and specialty gourmet coffees. Keurig is wholly owned subsidiary of Green Mountain Coffee Roasters, Inc. (R) brand. The majority of the Company's revenue is derived from its wholesale operation which services restaurant, supermarket, specialty food store, convenience store, food service, in-room hospitality, university, airline, train and office coffee service customers. Major wholesale customers include the American Skiing Company American Skiing Company was one of the largest operators of alpine ski, snowboard and golf resorts in the United States. Its resorts included Sunday River and Sugarloaf/USA in Maine and The Canyons in Utah. alpine resorts, Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run , Delta Airlines Shuttle, Hannaford Bros BROS Brothers BROS Benefits and Retirement Operations Section (King County, Washington) BROS Barnes and Richmond Operatic Society (London, UK) . Supermarkets, L.L. Bean, Midway Airlines Midway Airlines can mean:
Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the . Selected Financial Statistics as of Jan. 15, 1999, include Fiscal 1998 Revenue of $55.8 million; Market Capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. of $21.2 million; Shares Outstanding of 3.5 million; Public Float of 1.5 million shares; Inside Ownership of 56%; Daily 3 month Volume average of 10,290; Stock Price of $6-1/16 and 52 Week High/Low of 8-3/8 and 3-7/8. |
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