Earnings, Revenue Beat on New Products
Green Mountain Coffee Roasters reported fourth-quarter earnings of $0.64 a share on revenue of $947 million. Analysts had expected $0.48 and $902 million, respectively. Management also raised guidance for the current fiscal year as new products drive business. GMCR pops 19 percent before the bell on my tradeMONSTER platform.
Strong Black Friday Lifts Express
Express reported record Black Friday sales, and now sees fourth-quarter earnings of $0.62 to $0.68. Analysts were only forecasting $0.57, so that's good news for EXPR. Shares are climbing 12 percent in early trading.
Bears Hammer The Fresh Market
The Fresh Market earned $0.23 a share in its third quarter, missing the $0.26 consensus estimate. Guidance for the full year was also below expectations, and TFM is down by 13 percent in early trading.