Peet’s
May 3, 2012
Text size
–
+
The producer of whole bean coffee posted a first-quarter profit of 25 cents a share, missing the average analyst estimate of 31 cents. Shares of Peet’s Coffee & Tea Inc., which is based in Emeryville, Calif., lost 8.1 percent, the most since March 2011. Peet’s confirmed its fiscal 2012 guidance and expects total net revenue growth of about 10 percent and diluted earnings per share of $1.70 to $1.80.
For more from BostonGlobe.com, sign up or log in below
To continue, please sign up or log in to BostonGlobe.com
Access the full articles and quality reporting of The Boston Globe at BostonGlobe.com
Sign up
Unlimited Access to BostonGlobe.com for 4 weeks for only 99¢.
Are you a Boston Globe home delivery subscriber?
Get FREE access as part of your print subscription.
BostonGlobe.com subscriber
Click to continue reading this article or to log in to BostonGlobe.com.
