Tuesday, 3 May 2011
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Green Mountain to raise coffee prices; shares up on strong results
* Q2 adj EPS $0.48 vs est $0.38 * Q2 sales $647.7 mln vs est $629.4 mln * Sees FY adj EPS $1.43-$1.50 vs prior $1.19-$1.29 * Shares up 21 pct after the bell (Adds details on proposed price increase, background, updates share movement) By Mihir Dalal BANGALORE, May 3 (Reuters) - Green Mountain Coffee Roasters Inc's gross margins got a boost as it effectively passed on higher coffee costs to
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