November 16, 2009
Green Mountain Coffee Roasters got good news as U.S. News & World Report cited the company's Keurig single-cup coffee as one of "10 products that boomed in the recession."
K-Cups have been doing well thanks to its Keurig single-cup brewing systems, popular in many offices and increasingly in private homes.
"Sales from the Keurig division have nearly doubled since last year, and Green Mountain's overall revenue has increased 86 percent during the recession, according to Capital IQ. Green Mountain's stock has been wired, too, rising nearly 190 percent since the start of 2008."