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NEXE Innovations Announces Partnership with the Relaunched ecoBeans Coffee Brand
Prnewswire· 2024-11-14 13:00
WINDSOR, ON, Nov. 14, 2024 /PRNewswire/ - NEXE Innovations Inc. ("NEXE", the "Company", "we", "us" or "our") (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce it has made a delivery to ecoBeans Coffee Inc. ("ecoBeans") that will target both retail and the office coffee services ("OCS") space.NEXE first established its partnership with ecoBeans in 2023, and it was one of the first customers to utilize NEXE's BPI-certified compostable coffee po ...
Reborn Coffee's Bbang Ssaem Bakery F&B Forges Major Distribution Agreement with Leading Korean Coffee Chain
GlobeNewswire News Room· 2024-11-13 13:31
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, ...
Westrock Coffee Company to Participate in the Stephens Annual Investment Conference
GlobeNewswire News Room· 2024-11-12 21:05
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” ...
Coffee Holding Co., Inc. Announces the Purchase of Assets of Empire Coffee Company
GlobeNewswire News Room· 2024-11-11 14:00
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 ...
Farmer Brothers Coffee reports first quarter fiscal 2025 financial results
GlobeNewswire News Room· 2024-11-07 21:15
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 ...
Dutch Bros Stock Jumps 35% After Coffee Chain Ups Forecast
Investopedia· 2024-11-07 17:16
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 ...
Reborn Coffee Closes Acquisition of 58% Stake in South Korea's Bbang Ssaem Bakery
GlobeNewswire News Room· 2024-11-06 13:31
Strategic Acquisition Bringing Reborn Coffee’s High-End Café Concept Together with Bbang Ssaem’s Bakery Expertise to Drive Revenue and Growth BREA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, is pleased to announce the successful acquisition of a 58% stake in Bbang Ssaem Bakery, a leading bakery chain with 31 locations across South Korea. This acquisition follows the previously signed MOU between the two companies, solidifying Reborn Cof ...
Coffee Beans Industry Analysis and Business Opportunities, 2024-2032 - Sustainability, Specialty Coffees, and Home Brewing Trends Drive Growth, Led by Industry Giants like Starbucks and Lavazza
GlobeNewswire News Room· 2024-11-05 10:26
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 ...
Your Coffee in Four Minutes: Here's Brian Niccol's Plan to Revive Starbucks
Investopedia· 2024-10-31 14:25
Key Takeaways New Starbucks CEO Brian Niccol on Wednesday detailed his plan to revive the coffee chain. A central theme: He wants Starbucks wants to hand customers their coffee within four minutes of them ordering, believing speedy handoffs will help bring back customers. The coffee giants' shares were little changed early Thursday following the company's latest quarterly financial results. Starbucks Corporation (SBUX) CEO Brian Niccol has brewed a plan for a brighter future for the coffee giant. Part of it ...
Swiss Water Decaffeinated Coffee Inc. Conference Call Notification for 2024 Third Quarter Results
GlobeNewswire News Room· 2024-10-30 21:00
VANCOUVER, British Columbia, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) ("Swiss Water" or "the Company") announced today that it will hold a conference call to discuss its financial results for the three and nine months ended September 30, 2024, on Wednesday, November 6, 2024, at 1:00 PM Pacific (4:00 pm Eastern). The call can be accessed by dialing, approximately five minutes before the call: 1-888-506-0062 (toll-free) or 1-973-528-0011 (international); The listener ...