GMCR » Topics » Revised Certain Company Estimates for Fiscal Year 2010:

This excerpt taken from the GMCR 8-K filed Nov 12, 2009.

Revised Certain Company Estimates for Fiscal Year 2010:

 

   

Total consolidated net sales growth of 50% to 55%, up from prior estimates of 45% to 50%.

 

   

Total K-Cup portion packs shipped system-wide by all Keurig licensed roasters to increase in the range of 68% to 73%, up from prior estimates of 65% to 70%.


   

An operating margin in the range of 11.2% to 11.7%, including $6 million or $0.08 per diluted share for non-cash amortization expenses related to the identifiable intangibles of the Company’s acquisitions, up from fiscal 2009’s operating margin of 9.8% excluding the impact of the $17 million Kraft patent litigation settlement.

 

   

Interest expense of $4.0 million to $5.0 million

 

   

A tax rate of 39.2% as compared to 38.2% in fiscal 2009.

 

   

Fully diluted GAAP earnings per share in the range of $1.75 to $1.85 per share, including the non-cash amortization expenses related to the identifiable intangibles mentioned above of $6 million or approximately $0.08 per share, up from prior estimates of $1.70 to $1.80 per share.

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