|Last Price||Today's Change||52-Week Range||Trading Volume|
|63.83||0.00 (0.00%)||43.04 - 64.61||17.2 thousand (Below Avg)|
Market data as of 4:00PM 05/20/13. Quotes are delayed by at least 15 min.
This new product launch represents a move to bring frozen coffee into
the home as a response to the growing popularity of at-home blending and
the rise of blended coffee drinks. The Seattle’s Best Coffee® Frozen
Coffee Blends will appeal to a booming number of blended coffee drinkers
in the U.S., sales of which have surged to
“This exclusive agreement with Seattle’s Best Coffee further underscores
our position as a leading innovator in the specialty food and frozen
beverage segments,” said
Seattle’s Best Coffee leveraged more than 40 years of coffee experience to help develop the new packaged coffee drinks. The new line of Seattle’s Best Coffee® Frozen Coffee Blends is made with high-quality 100 percent arabica coffee beans, and will be available in four unique flavors: Coffee Chiller®, Creamy Caramel®, Very Vanilla®, and Mega Mocha®.
“Finally, there is an easy way for customers to make their own blended
The at-home blended coffee drink puts equal emphasis on taste and convenience: consumers simply empty the contents of the frozen bag into a blender, add eight ounces of fat-free milk and press blend to make two, eight-ounce beverages in less than a minute. In addition, the Seattle’s Best Coffee® Frozen Coffee Blends feature zero trans fats, just nine grams of sugar, and only 130 calories per serving when prepared as directed, providing a smart, customizable and convenient beverage to make at home.
“The recent growth of iced coffee suggests that consumers no longer view
coffee as just a morning routine,” said
With a suggested retail price ranging from
With manufacturing facilities in
About Seattle’s Best Coffee
This press release (including information incorporated or deemed
incorporated by reference herein) contains “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are those involving future events and
future results that are based on current expectations, estimates,
forecasts, and projections as well as the current beliefs and
assumptions of our management. Words such as “outlook”, “believes”,
“expects”, “appears”, “may”, “will”, “should”, “anticipates”, or the
negative thereof or comparable terminology, are intended to identify
such forward looking statements. Any statement that is not a historical
fact, including estimates, projections, future trends and the outcome of
events that have not yet occurred, is a forward-looking statement.
Forward-looking statements are only predictions and are subject to
risks, uncertainties and assumptions that are difficult to predict.
Therefore actual results may differ materially and adversely from those
expressed in any forward-looking statements. Factors that might cause or
contribute to such differences include, but are not limited to, those
discussed under the section entitled “Risk Factors” in our reports filed
1 Source: IRI Data, 52 weeks ending
2 Source: StudyLogic 2012
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