(Reuters) - Green Mountain Coffee Roasters Inc
Green Mountain has seen a host of private label brands launch cups compatible with its Keurig machines. Analysts have said these store brand products stand to pressure prices in the category overall, and potentially, Green Mountain's profit margins.
The Kirkland Signature K-Cup, which will be sold in two varieties in 100-count boxes, "creates more options for value-oriented consumers," Green Mountain said in a statement.
Its shares closed $2.16 higher at $26.34 on the Nasdaq on Thursday.
(Reporting by Martinne Geller in New York; editing by Tim Dobbyn and Matthew Lewis)