Percolating Profits

Many accountants enjoy a fine cup of coffee.  If you’re a java junkie, you’ve probably had some Green Mountain coffee.  I am drinking a cup of Green Mountain’s French Roast variety as I type this (visualize it).  Did you read about this company recently?  Apparently, Green Mountain Coffee Roasters missed their earnings forecast a bit.  On news of their revenue increase falling a smidgeon short–only 91% against expectations of 100%–their shares price took a tumble of 39%.  Ouch.

Whether you’re in public accounting or on the corporate side, I think any of us would be thrilled with a 91% increase.  Make no beans about it.

Please comment.

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