Green Mountain earnings beat revenue falls short

Green Mountain Coffee reported earnings that beat Wall Street forecasts on lower coffee costs and strong sales of its single serve K-Cups, but the stock is tumbling in late trading on weaker-than-forecast sales. The coffee maker reported fiscal third-quarter net income of $116.4 million, up 59 percent from the $73.3 million reported a year earlier. Excluding items, earnings came in at 82 cents …

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