Reborn Coffee Expands its Presence in South Korea Through an 8,000 Store Bakery Distribution Partnership, Emphasizing Quality and Preservative-free Offerings BREA, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, today announced a landmark distribution agreement through majority-owned its South Korean subsidiary, Bbang Ssaem Bakery F&B. This strategic partnership will bring Reborn’s preservative-free, signature baked goods to approximately 8, ...

LITTLE ROCK, Ark., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Westrock Coffee Company (NASDAQ: WEST) (“Westrock Coffee” or the “Company”) today announced that the Company will be participating in the Stephens Annual Investment Conference, which will be held November 19-21, 2024 at the Grand Hyatt Nashville in Nashville, TN. Chris Pledger, CFO, will participate in an in-person fireside chat on Tuesday, November 19, 2024 at 11:00 a.m. CT. The live webcast for this presentation will be accessible in the “News & Events” ...

Staten Island, NY, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (NASDAQ: JVA) (“Coffee Holding”), a publicly traded integrated wholesale coffee roaster and dealer located in the United States announced today that it purchased all of the assets of Empire Coffee Company (“Empire”) based in Port Chester, NY. The purchase was made under Article 9 of the UCC and consists of Empire’s inventory, equipment, accounts receivable, customer list and all intellectual property. To facilitate the purchase, C ...

First quarter fiscal 2025 net sales of $85.1 million, up 4% on a year-over-year basisFirst quarter fiscal 2025 gross margin increase of 630 basis points year-over-year to 43.9%Reported net loss of $5 million and improved adjusted EBITDA1 of $1.4 million FORT WORTH, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) today reported its first quarter fiscal 2025 financial results for the period ended Sept. 30, 2024. The company filed its Form 10-Q, which can be found on the Investor Relat ...

Key TakeawaysDutch Bros shares popped after the company posted earnings results that beat expectations.The coffee chain also raised its full-year revenue guidance, now even further above Wall Street's consensus expectation. Shares of Dutch Bros have gained nearly 50% in 2024. Dutch Bros (BROS) shares skyrocketed after the company’s third-quarter results beat expectations and featured an upwardly revised forecast.  The coffee chain said it now expects 2024 revenue between $1.255 billion and $1.26 billion, up ...

Core Insights - Reborn Coffee, Inc. has acquired a 58% stake in Bbang Ssaem Bakery, enhancing its presence in the bakery sector and expanding its offerings [1][2][4] - The acquisition positions Reborn Coffee to leverage Bbang Ssaem's estimated $7 million revenue over the trailing twelve months, creating synergies for revenue growth [2][4] - The franchise initiative aims to empower local entrepreneurs and expand Reborn Coffee's brand reach across South Korea [3][6] Company Strategy - The acquisition aligns with Reborn Coffee's strategy to integrate high-end coffee and artisanal baked goods, creating a unique customer experience [5][6] - Reborn Coffee plans to implement a standardized café concept in select locations, meeting the demand for premium food and beverage options [6][7] - The company aims to capitalize on the synergies from this acquisition to drive sustained growth and profitability [7] Market Position - Bbang Ssaem Bakery, founded by renowned baker Jong Kim, has established a reputation for quality and innovation, which will complement Reborn Coffee's offerings [5] - The acquisition reflects strong market confidence in Reborn Coffee's growth potential and commitment to delivering value [4][6] - Reborn Coffee's entry into the South Korean franchise market is expected to enhance brand strength and attract new customer bases [2][3]

Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "Coffee Beans Market Report and Forecast 2024-2032" report has been added to ResearchAndMarkets.com's offering.According to the report, the global coffee beans market reached approximately USD 35.23 billion in 2023. Aided by the increased consumer interest in premium and specialty coffees, the market is projected to grow at a CAGR of 6.10% between 2024 and 2032, reaching a value of around USD 60.07 billion by 2032. One of the foremost trends aiding the coffee ...

Company Overview - Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company that utilizes the proprietary Swiss Water® Process to decaffeinate green coffee without chemicals, achieving a caffeine-free level of 99.9% [3][4] - The company also owns Seaforth Supply Chain Solutions Inc., which is involved in green coffee handling and storage [4] Financial Results Announcement - Swiss Water will hold a conference call on November 6, 2024, at 1:00 PM Pacific (4:00 PM Eastern) to discuss its financial results for the three and nine months ended September 30, 2024 [1] - The financial results will be released on November 5, 2024, after the market closes [2] Access Information - Listeners can access the conference call by dialing 1-888-506-0062 (toll-free) or 1-973-528-0011 (international) and will need to provide the access code 414738 [1] - A replay of the call will be available until November 20, 2024, using the numbers 1-877-481-4010 (toll-free) or 1-919-882-2331 (international) with the replay passcode 51389 [2]

FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) announced today it will publish its fiscal first quarter 2025 financial results for the period ended Sept. 30, 2024 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Nov. 7. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Nov ...

LITTLE ROCK, Ark., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Westrock Coffee Company (NASDAQ: WEST) ("Westrock Coffee" or the “Company") today announced that it will report its third quarter 2024 results on Thursday, November 7, 2024 after market close. The announcement will be followed by a live earnings conference call at 4:30 p.m. ET. To participate in the live earnings call and question and answer session, please register at HERE and dial-in information will be provided directly to you. The live audio webcast w ...