date:May 09, 2014
hare, in the prior-year period.
Net sales advanced 10% to $1,103,072,000 from $1,004,792,000.
Portion pack sales increased 13% to $898.2 million, and sales of brewers and accessories grew 9% to $137.6 million during the quarter, offsetting a 20% decline in sales of other products, which reflected a shift from traditional coffee package formats to single-serve options.
Keurig also announced an extended partnership with the J.M. Smucker Co. The companies have entered into a multi-year agreement