Found in 1919 A.L. Van Houtte is c...

Found in 1919 A.L. Van Houtte is common of the largest gourmet coffee roasting and marketing firms in North America. The company makes and distributes a wide range of coffee beans, coffee teas, and related proceedss which are sold to the feed service and retail food sector. Van Houtte is portrayed across Canada and in 26 U states. At the time the stock was studied in the March/April 1991 issue, its shares were trading at $513

During the five fiscal years ending March 1990 the company's rewards had been growing at an annual unite rate of 21% while EP grew at a higher rate of 35% During the five years since then, receipts growth increased to an average of through the whole extent of 40% per year while EP growing declined to an average compromise rate of 12%.

During the fiscal year ending March, 1992 despite a unostentatious decline in EPS, Van Houtte initiated a cash dividend of $012 by share. During the following fiscal year, EP increased substantially and the stock rose from the $6 flush to the $13 level. EP for fiscal 1994 were essentially flat and with equal reason to was the stock's price. EP growing in excess of 15% resum in fiscal 1995 and the stock mov to the $16 flush The stock has traded as high as $20 and lately closed at $18. At the newly come high price, the stock has provided investors with a 31% average commute rate of return since 1991

Copyright Canadian Shareowner Magazine Inc. Mar/Apr 1996

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