|Next year, Waterbury, Vt.-based Green Mountain will lose the main patents on K-Cups coffee packets, allowing competitors to make less-expensive versions. (The Boston Globe/File 2011)|
Analyst challenges Green Mountain
Green Mountain Coffee Roasters Inc. shares fell after Stifel Nicolaus & Co. said demand is weakening for the company’s Keurig single-serve coffee machines. Brewer sales are weakening, which is “inconsistent’’ with comments from Green Mountain that demand remains strong, Mark Astrachan, an analyst with Stifel Nicolaus in New York, said today in a note. Shipments of Keurig brewers from China declined 5 percent in October and 28 percent in November, compared with last year, Astrachan said.