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Reborn Coffee Provides Fourth Quarter and Full Year 2024 Corporate Update and Financial Results
JVAfee (JVA) GlobeNewswire News Room·2025-03-31 21:00

Key Financial and Operational Highlights Q4 2024 and Subsequent Events Management Commentary "The fourth quarter and early 2025 was highlighted by strong progress of our global expansion initiatives and the rollout of our U.S. franchise business," said Jay Kim, Chief Executive Officer of Reborn. "Our U.S. company stores faced ongoing challenges with the combination of rising input costs, heightened consumer price sensitivity, and increased capital costs that affected gross margins. Despite these challenges, ...