Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) has ranked 11th on Fortune s annual list of the 100 Fastest-Growing Companies. The Waterbury-based company was the highest-ranked consumer package goods company on the list, which includes profitable, publicly-held companies with at least $50 million in annual revenue. For the first time, the list includes global companies that trade on a U.S. exchange and file quarterly reports. Companies are judged on revenue growth rate, EPS growth rate, and three-year annualized total return to investors. Last month, GMCR reported outstanding top and bottom line growth for its third quarter results, with 61% increase in net sales and 123% increase in net income over the same quarter last year.
I believe that our high ranking is due to the winning combination of our outstanding coffees, the Keurig Single-Cup Brewing System, and the skills and dedication of our employees, said Lawrence J. Blanford, GMCR s President and CEO. We re honored to be recognized for building a company that is making a profit and making a difference in the local and global communities where we work.
At the same time the company was being recognized for fast growth, Mr. Blanford was recognized for his leadership by CRO, a corporate social responsibility magazine. Nominations for CRO Magazine s 2009 Responsible CEO of the Year Award only go to leaders who have taken large risks to set performance standards in environmental, social and corporate governance, said Jay Whitehead, publisher of CRO Magazine. Winners of the CRO award will be announced at a conference in October.
Earlier this year, Green Mountain Coffee Roasters, Inc. was named one of the 100 Most Trustworthy Companies, by Forbes.com, based on transparent and conservative accounting practices and prudent management.
About Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR)
As a leader in the specialty coffee industry, Green Mountain Coffee Roasters, Inc. is recognized for its award-winning coffees, innovative brewing technology, and socially responsible business practices. GMCR s operations are managed through two business units. The Specialty Coffee business unit produces coffee, tea and hot cocoa from its family of brands, including Tully s Coffee®, Green Mountain Coffee® and Newman s Own® Organics coffee. The Keurig business unit is a pioneer and leading manufacturer of gourmet single-cup brewing systems. K-Cup® portion packs for Keurig® Single-Cup Brewers are produced by a variety of licensed roasters, including Green Mountain Coffee and Tully s Coffee. GMCR supports local and global communities by offsetting 100% of its direct greenhouse gas emissions, investing in Fair Trade Certified ¢ coffee, and donating at least five percent of its pre-tax profits to social and environmental projects. Visit www.GreenMountainCoffee.com and www.Keurig.com for more information.
GMCR routinely posts information that may be of importance to investors in the Investor Services Press Releases section of its website. This information may include quarterly and annual earnings announcements, significant news releases, complete financial statements as filed with the Securities and Exchange Commission, as well as product and other news about the Company. We encourage investors to visit this section of our website regularly for important information and news. Additionally, by subscribing to the Company s automatic email news release delivery, individuals can receive news directly from GMCR as it is released.
Source: GMCR. August, 25, 2009. WATERBURY, Vt.--(BUSINESS WIRE)--