Green Mountain Coffee gets burned chart for more on GMCR. By Aaron Smith, staff writer

NEW YORK ( -- Shares of Green Mountain Coffee Roasters tumbled Friday after the company lowered its outlook and said it would no longer provide specific figures for its K-Cup individual serving sales.

More than 80% of Green Mountain's sales come from K-Cups and its Keurig machines.

Late Thursday, the Waterbury, Vt.-based coffee company said "investors should not rely" on its previously announced outlook for K-Cup shipments, which had been for a 64% to 68% increase in 2011.

Green Mountain (GMCR) also said it was "broadening" its outlook for fiscal 2011. It lowered the bottom end of its projected profit range, changing its earnings-per-share range to between $1.19 and $1.29 from the prior $1.24 to $1.29.

The company said it lowered its outlook "to allow for expected volatility in coffee prices and flexibility to support anticipated new product launches."

At the same time, Green Mountain reported a 73% jump in fourth-quarter sales to $373 million. The company also reported a 97% jump in earnings, to 22 cents a share.

Shares of Green Mountain have been having a good year, rising 21% from the start of the year, but it's been a rocky few months for the company. In September, the Securities and Exchange Commission began investigating the company over Green Mountain's "revenue-recognition practices with one of its fulfillment vendors."

Last month, the company said it would restate three-years worth of earnings, citing accounting errors.

Shares of Green Mountain fell almost 10% in trading Friday. To top of page

Just the hot list include
Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 32,627.97 -234.33 -0.71%
Nasdaq 13,215.24 99.07 0.76%
S&P 500 3,913.10 -2.36 -0.06%
Treasuries 1.73 0.00 0.12%
Data as of 6:29am ET
Company Price Change % Change
Ford Motor Co 8.29 0.05 0.61%
Advanced Micro Devic... 54.59 0.70 1.30%
Cisco Systems Inc 47.49 -2.44 -4.89%
General Electric Co 13.00 -0.16 -1.22%
Kraft Heinz Co 27.84 -2.20 -7.32%
Data as of 2:44pm ET


Bankrupt toy retailer tells bankruptcy court it is looking at possibly reviving the Toys 'R' Us and Babies 'R' Us brands. More

Land O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.