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PEET
PEET
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-0.25%
in
14 days
(closed on 02/27/09)
Peet's Coffee & Tea, Inc. (Peet's) is a specialty coffee roaster and marketer of fresh roasted whole bean coffee. The Company sells its coffee through multiple channels of distribution, including grocery stores, home delivery, office, restaurant and food service accounts, and Company-owned and operated stores in six states. The Company operates its business through two segments: retail and specialty sales, which consist of sales to home delivery customers, sales to grocery stores, restaurant and food service companies, and office accounts.
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Peet's Coffee & Tea Inc. (PEET)
PEET
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+69.70%
in
519 days
Peet's Coffee & Tea, Inc., together with its subsidiaries, operates as a coffee roaster and marketer of fresh roasted whole bean coffee in the United States. It also offers whole leaf and bagged tea; and specialty food items, such as jellies, jams, and candies, as well as beverages and pastries. In addition, the company provides a range of merchandise that consist of brewing equipment for coffee and tea; paper filters and brewing accessories; and branded and nonbranded cups, saucers, travel mugs, and serveware. It sells its coffee through multiple channels of distribution, including grocery...
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From the Blogosphere
Why Starbucks Will Grow
Starbucks (SBUX) is going to be a larger company 3, 5, and 10 years from now. The main reason Starbucks will grow is because coffee and tea are both enormous markets, domestically and globally. Second, Starbucks has low penetration rates in terms of the number of locations it has, especially in the BRIC countries. Finally, Starbucks has nice potential for growth in packaged coffee, ready to make beverages, and the instant coffee markets, especially internationally. <>Coffee is an incredibly large market, domestically and globally. According to coffee-statistics.com, in the United States 400 m>...
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Diedrich’s odd disclosure…
Late yesterday, Peet’s Coffee & Tea (PEET), my personal favorite when it comes to caffeine delivery devices, announced that it was buying Diedrich’s Coffee (DDRX) for $213 million.
Coincidentally, Diedrich’s filed what’s likely to be its last 10-Q yesterday. But what’s surprising was the very first exhibit in the 10-Q: an agreement with CFO Sean McCarthy. Now, McCarthy was named CFO back in January 2006. But the agreement was dated May 1, 2008 and was filed yesterday — roughly 17 months after it went into affect. <>We don’t mean to be sticklers here, but what was the hold up with ge><>><>><>< /><>>><><>< />>< /><>< />>><><>< />><>< />><>< />><>< />><>< />>>< />...
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Diedrich Coffee: A Web of Misrepresentations
<>Diedrich Coffee’s (DDRX) stock has climbed in a manner that would lead a sheer chartist to assume the company has discovered a cure for cancer or created a perpetual motion machine. From its 52-week low of $0.21, the stock is up nearly 14,000% with nary a pullback. While it could be argued that today’s markets are no different than a casino, DDRX is a lottery ticket that may have serious manipulation and misrepresentation claims levied against it in the future. I am short DDRX and believe that the stock is worth little more than $8.00 per share. Further, in the investing public’s inte><><>><>><>>>...
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Coffee stock #4: Peet's Coffee & Tea (PEET)
PEET
+41.85%
in
94 days
Filed under: Stocks to Buy On Tuesday, July 28, the Northern California-based Peet's Coffee & Tea (NASDAQ: PEET) reported a quarterly profit that beat Wall Street estimates.
The company cited a combination of tighter cost controls and higher sales at its specialty business as chief reasons for the better-than-expected results. For the second quarter ended June 28, net income rose to $3.4 million, or 26 cents per share, from $3 million, or 21 cents per share, one year ago. Revenue rose 5% to $73.6 million. Continue reading Coffee stock #4: Peet's Coffee & Tea (PEET) <><>Coffee stock #4: Peet's Coffe>>...
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Five piping hot coffee stocks
PEET
+0.00%
in
1 day
(closed on 08/09/09)
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