A Look at GMCR’s Odd Sales Numbers Ahead of Today’s Earnings

Updated on

A Look at GMCR's Odd Sales Numbers Ahead of Today's Earnings

 

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is reporting earnings after the closing bell. Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) has been accused by David Einhorn of using ‘interesting’ accounting methods. Long before Einhorn went public with this information, The Long Short Trader noted the very issues which Einhorn brought up. Long Short Trader looks back as far as 1993 to point out some strange accounting used by Green Mountain Coffee.  However, the Q2 and Q3 numbers appear to be the most abnormal for the company. Below is the full presentation.

The author of this article has no position in the company. The Long Short trader has a short position.

Green Mountain Coffee Roasters Report – 2012 08 01

Leave a Comment