To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. Jason Moser: Doing alright, Ricky. How about you? Ricky Mulvey: There you go. Let's talk first. Before we get to Starbucks' new energy drink, let's talk first about the Apple Vision Pro. Apple has paused work on the next Vision Pro device they're instead focusing on a cheaper device, maybe an Apple ...

The bullishness surrounding Dutch Bros That huge potential is precisely what investors are excited about. Should the business get even remotely close to that figure, revenue will be significantly higher. With Dutch Bros, investors have to worry about execution risk. Any executive team can throw out a lofty store target. However, the intensely competitive nature of the restaurant sector means Dutch Bros will have a challenging time reaching its goal. And this makes it the smarter stock to buy, in my opinion. ...

BREA, Calif., June 28, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, announces its collaboration with Hagerty Garage + Social of Miami, FL, to commemorate the first-ever Hagerty Drivers Club Days, which was a three-day period of automotive events recently hosted by the Hagerty Drivers Club to celebrate its Hagerty Drivers Club (HDC) members and the company's 40th anniversary. The South Florida HDC Days event was hel ...

Core Insights - Reborn Coffee Inc. has announced a master licensing deal to enter the UAE market, with plans to open its first flagship location in Dubai [1][8] - The partnership with Reborn UAE aims to leverage local expertise to introduce Reborn Coffee's premium products and enhance the region's coffee culture [2][9] - The collaboration emphasizes sustainable growth and ethical practices in the coffee industry, focusing on responsible sourcing and environmentally friendly processes [3][9] Company Expansion Plans - Under the licensing agreement, Reborn Coffee and Reborn UAE will establish multiple outlets, a distribution center, and roasting facilities in the UAE [8] - The initial flagship store is set to open in Jumeirah, Dubai, with plans to launch 20 additional stores across the UAE within a year [8][9] Market Trends - The coffee culture in the UAE is evolving, with increasing demand for specialty coffee and unique brewing techniques, aligning with Reborn Coffee's offerings [9] - The partnership is seen as a significant milestone in the UAE's coffee scene, aiming to elevate the coffee experience through quality and innovation [9]

BREA, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced that it has received a notice of delisting from Nasdaq. On June 21, 2024, Reborn Coffee (the "Company") received a staff determination letter (the "Letter") from the Nasdaq Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that because it has not yet filed its Form 10-Q for th ...

Merger Termination - Coffee Holding has terminated the previously announced Merger Agreement with Delta Corp Holdings Limited, originally announced on September 30, 2022 [1] - The termination follows an unsuccessful shareholder vote in April to approve the merger [2] - The board believes that as an independent company, executing a renewed growth strategy will create shareholder value [2] Financial Performance - The company has shown profits in three of the past four reporting periods, with a $0.02 per share loss in the most recent quarter [4] - The loss was primarily due to a historic surge in the London Robusta market, which impacted profit margins [4] - Price increases have been initiated to offset the rise in London Robusta coffee prices, with expected recognition in fiscal Q4 2024 [4] Business Operations - The company has cleaned up its balance sheet and paid down debt incurred from losses related to its former subsidiary Generations Coffee LLC and equipment purchases [3] - A credit agreement with Webster Bank has been extended to address the company's ability to continue as a going concern [3] - New business agreements have been secured, including production agreements with the largest retailer in the Northeast and a two-year agreement with a major U.S. national retail chain [3] Market Position - Coffee Holding is a leading integrated wholesale coffee roaster and dealer in the United States, offering a broad array of coffee products [5] - The company has eight proprietary brands targeting different segments of the consumer coffee market [5] - In addition to roasted coffee, the company imports and resells green coffee beans to regional roasters and coffee shops in the United States and Canada [5]

Merger Termination and Strategic Shift - Coffee Holding Co Inc has terminated the previously announced Definitive Merger and Share Exchange Agreement with Delta Corp Holdings Limited which was originally announced on September 30 2022 [1] - The termination follows an unsuccessful shareholder vote in April to approve the merger and the board of directors has decided to move forward as an independent company [6] - The company believes that executing its renewed growth strategy as an independent entity will create shareholder value that has been elusive in recent times [6] Financial Performance and Market Challenges - The company has shown profits in three of the past four reporting periods with a $0 02 per share loss in the most recent quarter which was an improvement from Q2 of Fiscal 2023 [7] - The recent loss was primarily due to a historic surge in the London Robusta market to all-time contract highs which significantly impacted profit margins on both branded and private label businesses [7] - The company has initiated price increases to most of its major customers to offset the rise in London Robusta coffee prices though the full effect of these increases is expected to be recognized in the fiscal fourth quarter of 2024 [7] Business Developments and Revenue Growth - Coffee Holding has secured several new business agreements including production deals with the largest retailer by market share in the Northeast and a two-year agreement with a major US national retail chain [2] - These agreements have contributed to four consecutive quarters of revenue growth despite the loss of approximately $8 0 million in annual revenue from the closure of the Generations Steep subsidiary [2] - The company has been focusing on cleaning up its balance sheet paying down debt and extending its credit agreement with Webster Bank to ensure its ability to continue as a going concern [2] Company Overview and Market Position - Founded in 1971 Coffee Holding Co Inc is a leading integrated wholesale coffee roaster and dealer in the United States offering a broad array of coffee products across various consumer segments [10] - The company operates eight proprietary brands targeting different consumer segments and also roasts and blends coffee for major wholesalers and retailers under their own names [10] - In addition to selling roasted coffee Coffee Holding imports green coffee beans from around the world reselling them to smaller regional roasters and coffee shops in the US and Canada [10]

ROCKFORD, Ill., June 18, 2024 (GLOBE NEWSWIRE) -- Months after earning the opportunity during Walmart's prestigious and competitive "Open Call" event, Fire Department Coffee is set to debut its popular roasts at Walmart stores nationwide this June. The veteran-owned company, founded in 2016, has experienced significant recent growth. Now, its products will be available to customers at more than 2,300 Walmart stores, representing nearly half of all Walmart stores in the United States. Fire Dept. Coffee is a ...

According to Grand View Research, the global coffee market is projected to reach $144.7 billion by 2025, with a significant portion driven by specialty coffee. In the United States alone, the online specialty coffee market is expected to grow at a CAGR of 8% from 2023 to 2025, reaching an estimated value of $5.5 billion by 2025. "We are thrilled about our launch on Amazon, which marks a significant step in our OMNI-channel strategy," said Jay Kim, CEO of Reborn Coffee. "Amazon's vast reach and robust infras ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED April 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______________ TO _______________ COMMISSION FILE NUMBER: 001-32491 COFFEE HOLDING CO., INC. (Exact Name of Registrant as Specified in Its Charter) | Nevada | 11-223811 ...