Most of the market had grown worried about the fate of consumer discretionary stocks, especially after realizing that the U.S. consumer is now suffering more and more from stickier inflation rates. While this may have some traction, fear is often not real when it comes to a certain group of stocks within this space, with more than just sound financial momentum behind them. Starbucks Today SBUX Starbucks $76.26 -0.29 (-0.38%) 52-Week Range $71.55 ▼ $107.66 Dividend Yield 2.99% P/E Ratio 21.01 Price Target $9 ...

Q12024 Revenue Increased 35% to $1.5 Million Q1 2024 Gross Profit Increased 51% to $1.1 Million BREA, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, has reported its financial and operational results for the first quarter ended March 31, 2024. Key Financial and Operational Highlights Revenue increased 35% to $1.5 million in Q1'24 from $1.1 million in Q1'23. Ended Q1'24 with 11 open locations, with on ...

Reborn Coffee, Inc. (NASDAQ: REBN) is focused on serving high quality, specialty-roasted coffee at retail locations, kiosks, and cafes. Reborn is an innovative company that strives for constant improvement in the coffee experience through exploration of new technology and premier service, guided by traditional brewing techniques. Reborn believes they differentiate themselves from other coffee roasters through innovative techniques, including sourcing, washing, roasting, and brewing their coffee beans with a ...

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 ...

BREA, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a specialty coffee retailer based in California, announced today a master licensing deal that will facilitate Reborn Coffee's dynamic entry into the vibrant UAE market, with its first flagship location set to open in Dubai, UAE. Reborn UAE brings a wealth of local knowledge and expertise to this collaboration, providing an ideal foundation for Reborn Coffee's expansion efforts. This partnership a ...

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 ...

Staten Island, NY, June 24, 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 Coffee Holding has terminated the previously announced Definitive Merger and Share Exchange Agreement, originally announced on September 30, 2022 (the "Merger Agreement") with Delta Corp. Holdings Limited ("Delta"). "We have spent the past few years cleaning up our balance sheet and p ...

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]