GMCR » Topics » First Issue of Company Estimates for Fourth Quarter Fiscal Year 2009:

This excerpt taken from the GMCR 8-K filed Jul 29, 2009.

First Issue of Company Estimates for Fourth Quarter Fiscal Year 2009:

 

 

Total consolidated net sales growth of 60% to 63% as compared to the fourth quarter of 2008.

 

 

An operating margin in the range of 10.0% to 10.8% (as compared to 9.6% in the year-ago quarter, and 12.0% in the third quarter of fiscal 2009) including non-cash amortization expenses for identifiable intangibles of approximately $1.5 million. The fiscal fourth quarter operating margin estimates include start-up costs associated with ramping up production capabilities at the Company’s new Knoxville, Tennessee facility and the expectation that the Tully’s wholesale business will be slightly dilutive to earnings per share in the fiscal fourth quarter of 2009.


 

Fully diluted GAAP earnings per share in the range of $0.30 to $0.34 per share, including the non-cash amortization expenses related to the identifiable intangibles that are estimated to reduce earnings per share by approximately $0.02 per share.

This excerpt taken from the GMCR 8-K filed Apr 29, 2009.

First Issue of Company Estimates for Third Quarter Fiscal Year 2009:

 

   

Total consolidated net sales growth of 61% to 66%.

 

   

An operating margin in the range of 9.4% to 9.9% (as compared to 9.6% in the year-ago quarter, and 11.7% in the second quarter of fiscal 2009) including non-cash amortization expenses for identifiable intangibles of approximately $1.5 million. The fiscal third quarter operating margin estimates include start up costs associated with ramping up production capabilities at the Company’s new Knoxville, TN facility and the expectation that Tully’s wholesale business will be slightly dilutive to earnings per share in the fiscal third quarter of 2009.

 

   

Fully diluted GAAP earnings per share in the range of $0.38 to $0.42 per share, including the non-cash amortization expenses related to the identifiable intangibles that are estimated to reduce earnings per share by approximately $0.04 per share.

EXCERPTS ON THIS PAGE:

8-K
Jul 29, 2009
8-K
Apr 29, 2009
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