The specialty coffee and coffeemaker company reported revenue rose for the fourth quarter to $1.2 billion, up from $1.05 billion a year ago, and reported that its full fiscal year revenue rose to $4.7 billion from $4.36 billion in 2013.
The company reported non-GAAP earnings per share of 90 cents for the quarter and $3.93 for the full year, up from 89 cents and $3.39, respectively, from a year ago.
CEO Brian Kelley offered the following outlook: "Looking to fiscal year 2015, we remain focused on what we believe is a significant opportunity to grow and premiumize home beverages in both our hot and cold platforms. We'll continue to invest and execute behind this opportunity, given the powerful brand connection we've built with consumers and our successful track record of introducing disruptive and innovative products."
Continuing, he said, "Our strong balance sheet and healthy free cash flow generation are an advantage, enabling us to invest behind organic growth and return meaningful cash to shareholders in the form of both dividends and share repurchases."
Additionally, Keurig announced that CFO Frances Rathke will be leaving the company in 2015.
Shares of Keurig are down 1.88% to $151.06 in after-hours trading.
Separately, TheStreet Ratings team rates KEURIG GREEN MOUNTAIN INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: