date:Nov 29, 2012
t sales due to the acquisition of Van Houtte, according to the company. The increases in single-serve pack net sales were offset by a 1% reduction due to single-serve pack product mix.
During a conference call with financial analysts on Nov. 27, Lawrence J. Blanford, president and chief executive officer, addressed the performance of the companys single-serve packs. He noted that in September two of the companys patents associated with K-Cup packs expired and there was concern among the investm