MONTREAL, Feb. 27, 2014 /CNW Telbec/ - GMCR Canada Holding Inc. (GMCR Canada), a subsidiary of Green Mountain Coffee Roasters, Inc. (GMCR) (NASDAQ: GMCR), a leader in specialty coffee and coffeemakers with its innovative Keurig® brewing technology, partners with Laura Secord®, Canada's largest and best-known chocolatier, to bring Laura Secord® signature hot chocolate to K-Cup® packs for the Keurig® brewing system in fall 2014.
With this partnership, the one-of-a-kind Laura Secord® experience will now be available like never before, through the convenience, quality, and reach of the Keurig® brewing system. The 5-year agreement includes the launch of a first variety of hot chocolate in fall 2014, which will be an intense and creamy hot chocolate variety, reminding consumers of the finesse and the expertise of the renowned chocolatier. The agreement also contains the launch of more varieties of Laura Secord® hot chocolate in fall 2015.
"GMCR is always looking to partner for success and to innovate with passion; this exciting new collaboration is a great illustration of our values. We are pleased to offer the time-honoured recipes and emotional value associated with Laura Secord® to our Keurig® consumers", stated Sylvain Toutant, president of GMCR Canada Holding Inc. (GMCR Canada).
The new Laura Secord® Hot Chocolate K-Cup® packs will be available at Keurig.ca, as well as participating grocery, retail, and away-from-home channels throughout Canada. They will also be available through the 108 Laura Secord stores and on the Laura Secord® website at www.laurasecord.ca.
"We are delighted to partner with GMCR Canada. Through the quality of the Keurig® system, the products we will launch will certainly please consumers. When two major companies as passionate about their products and customers partner together, the project's success is guaranteed. I feel confident that, from the very first sip, consumers will be seduced by the Laura Secord® Hot Chocolate K-Cup® pack experience," declared Jean Leclerc, president of Laura Secord®.
With over 120 varieties of coffee, cocoa and tea, the Keurig® brewing system delivers a completely customizable experience with each and every cup to best suit the diverse tastes of consumers in Canada. This new agreement with Laura Secord® will delight consumers with even more delicious choices and deepen their personal beverage experience with the Keurig® system with more varieties to explore.
About Laura Secord®
Laura Secord®, Canada's largest and best-known chocolatier, has been creating premium quality delights since 1913. Today, Laura Secord continues to use its time-honoured recipes and keeps pleasing palates with a wide array of gourmet chocolates, frozen treats, candies, nuts and rich hot cocoa.
About GMCR Canada Holding Inc.
GMCR Canada Holding Inc. (GMCR Canada) is the Canadian business unit of Green Mountain Coffee Roasters, Inc. The company's Canadian principle office, management team and roasting plants are located in Montreal.
The company offers a wide range of premium coffees in a variety of formats. GMCR Canada also offers Keurig® Single Cup Brewers and many beverages for use in the brewer. Consumers can enjoy GMCR Canada products whether they are at home, at work, in a café-bistro and in other selling points. GMCR Canada markets flagship brands such as Keurig®, Van Houtte®, Timothy's World Coffee®, Barista Prima Coffeehouse®, as well as Green Mountain Coffee®, Tully's® and Café Escapes® to highlight a few.
In addition to being one of the leaders of the Canadian coffee marketplace, GMCR Canada is also a leader in sustainable development thanks to its programs supporting coffee communities and local communities, and its initiatives to reduce its environmental footprint.
About Green Mountain Coffee Roasters, Inc.
As a leader in specialty coffee and coffee makers, Green Mountain Coffee Roasters, Inc. (GMCR) (NASDAQ: GMCR), is recognized for its award-winning coffees, innovative Keurig® brewing technology and socially responsible business practices. GMCR supports local and global communities by investing in sustainably-grown coffee and donating a portion of its pre-tax profits to social and environmental projects. For more information, please visit www.GMCR.com, www.greenmountaincoffee.com or www.keurig.com.
GMCR routinely posts information that may be of importance to investors in the Investor Relations section of its website, including news releases and its complete financial statements, as filed with the SEC. The Company encourages investors to consult this section of its website regularly for important information and news. Additionally, by subscribing to the Company's automatic email news release delivery, individuals can receive news directly from GMCR as it is released.
GMCR Forward-Looking Statements
Certain information in this filing constitutes "forward-looking statements." Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "seeks" or words of similar meaning, or future or conditional verbs, such as "will," "should," "could," "may," "aims," "intends," or "projects." However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. These statements may relate to: the expected impact of raw material costs and our pricing actions on our results of operations and gross margins, expected trends in net sales and earnings performance and other financial measures, the expected productivity and working capital improvements, the success of introducing and producing new product offerings, the impact of foreign exchange fluctuations, the adequacy of internally generated funds and existing sources of liquidity, such as the availability of bank financing, the expected results of operations of businesses acquired by us, our ability to issue debt or additional equity securities, our expectations regarding purchasing shares of our common stock under the existing authorizations, projections of payment of dividends, and the impact of the inquiry initiated by the SEC and any related litigation or additional governmental inquiry or enforcement proceedings. A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. Management believes that these forward-looking statements are reasonable as and when made. However, caution should be taken not to place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. We expressly disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In addition, forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from our Company's historical experience and our present expectations or projections. These risks and uncertainties include, but are not limited to, those described in Part I, "Item 1A. Risk Factors," and Part II "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in our fiscal 2013 Annual Report filed on Form 10-K, as amended, and elsewhere in this report and those described from time to time in our future reports filed with the Securities and Exchange Commission.
Actual results could differ materially from those projected in the forward-looking statements. We expressly disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
GMCR - M
SOURCE: Green Mountain Coffee Roasters, Inc.
For further information:
Marie Eve Gosemick
Corporate Communications Advisor
GMCR Canada Holding Inc.
Marketing & Communications Advisor
1-418-687-3096, ext. 2107
Corporate Communications Manager
Green Mountain Coffee Roasters, Inc.
NATIONAL Public Relations