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JDE Peet’s share buyback periodic update July 28, 2025
Globenewswire· 2025-07-28 12:00
Company Overview - JDE Peet's is the world's leading pure-play coffee company, serving approximately 4,400 cups of coffee per second in over 100 markets [3] - The company has a portfolio of strong iconic brands including Peet's, L'OR, Jacobs, Douwe Egberts, Kenco, Pilao, OldTown, Super, and Moccona [3] - In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed a global workforce of more than 21,000 employees [3] Share Buyback Program - JDE Peet's announced the repurchase of 255,615 shares from July 21, 2025, to July 25, 2025, at an average price of EUR 24.00 per share, totaling EUR 6.1 million [1] - The total number of shares repurchased under the buyback program to date is 4,728,935 ordinary shares for a total consideration of EUR 94.2 million [2] - The buyback program was initially announced on March 3, 2025, with a total allocation of EUR 250 million [1]
X @Bloomberg
Bloomberg· 2025-07-28 07:36
Uganda’s coffee earnings have more than doubled in the past 12 months as a national drive for more production caught a rising price wave https://t.co/FmdC6AgLNl ...
JDE Peet’s share buyback periodic update July 21, 2025
Globenewswire· 2025-07-21 12:00
Core Viewpoint - JDE Peet's has repurchased a total of 190,991 shares as part of its ongoing share buyback program, reflecting the company's commitment to returning value to shareholders [1][2]. Share Buyback Program - The recent share repurchase occurred between July 14, 2025, and July 18, 2025, at an average price of EUR 24.08 per share, totaling EUR 4.6 million [1]. - To date, the total number of shares repurchased under the buyback program is 4,473,320 ordinary shares, amounting to EUR 88.0 million [2]. Company Overview - JDE Peet's is recognized as the world's leading pure-play coffee company, serving approximately 4,400 cups of coffee per second across more than 100 markets [3]. - In 2024, JDE Peet's reported total sales of EUR 8.8 billion and employed over 21,000 individuals globally [3].
Limitless X Holdings, Inc. Enters $500 Billion Global Coffee and $2.5 Trillion CPG Market with Launch of Cognitive-Enhancing Nootropic Blend Coffee Concentrate
Globenewswire· 2025-07-07 12:00
Los Angeles, CA, July 07, 2025 (GLOBE NEWSWIRE) -- Limitless X Holdings, Inc. (OTCQB: LIMX), a leading innovator in health, wellness, and performance-driven lifestyle solutions, proudly announces the official launch of Limitless Nootropic Blend Coffee Concentrate, a breakthrough instant coffee product developed by its wholly owned subsidiary, Limitless X, Inc. This product launch represents a strategic entry into the rapidly expanding Consumer Packaged Goods (CPG) market, positioning the company beyond its ...
JDE Peet’s unveils brand-led strategy to accelerate profitable growth and unlock value
Globenewswire· 2025-07-01 06:00
Core Insights - JDE Peet's has introduced its 'Reignite the Amazing' strategy aimed at sustainable value creation, focusing on brand-led initiatives and a clear roadmap for long-term performance [2][3][4] Strategic Framework - The strategy is centered around three Big Bets: Peet's, L'OR, and ten local iconic brands led by Jacobs, chosen for their potential to meet consumer needs and drive growth [3][4] - The company aims to simplify its portfolio and organizational model to boost operational efficiency and productivity [6][7] Financial Targets - JDE Peet's has set ambitious medium-term financial targets, including: - 2026-2027: Gross Profit growth of 1-3%, Adjusted EBIT growth of 3-4%, and Free Cash Flow of approximately EUR 2 billion - 2028-2029: Gross Profit growth of 3-4%, Adjusted EBIT growth of 4-5%, and at least EUR 2 billion in Free Cash Flow - 2030-2032+: Gross Profit growth of 4-7%, Adjusted EBIT growth of 5-8%, and at least EUR 3.5 billion in Free Cash Flow [5] Cost Savings and Reinvestment - The company targets EUR 500 million in net productivity savings, with over 50% expected to be achieved by the end of 2027, and plans to reinvest half of these savings into high-potential growth initiatives [6][7] Capital Allocation Strategy - JDE Peet's capital allocation framework includes four priorities aimed at driving sustainable value creation, focusing on organic growth, strengthening the balance sheet, enhancing shareholder returns, and refocusing M&A activities [8][11]
Swiss Water Announces Purchase of Warrants from Mill Road Capital
Globenewswire· 2025-07-01 00:00
Group 1 - Swiss Water Decaffeinated Coffee Inc. has entered into an agreement with Mill Road Capital II, L.P. to purchase a share purchase warrant allowing Mill Road to acquire up to 2,250,000 common shares at an exercise price of $3.33 per share, with a purchase price of $675,000 [1] - The completion of the purchase is anticipated to occur on July 3, 2025, which is expected to remove an overhang on the share price and allow for clearer trading of the shares [2] - The company operates using the proprietary Swiss Water Process to decaffeinate green coffee without chemical solvents and also owns Seaforth Supply Chain Solutions Inc., a green coffee handling and storage business [3] Group 2 - The cancellation of the warrants is believed to benefit shareholders by providing clarity on share ownership and distribution [2] - The constructive approach taken by Mill Road Capital in these discussions is appreciated by the company, indicating a focus on shareholder interests [2]
NEXE Innovations Secures Orders of Over 700K Compostable Pods in May
Globenewswire· 2025-06-25 12:00
Core Insights - NEXE Innovations Inc. has received purchase orders exceeding 700,000 compostable coffee pods in May 2025, in addition to over 1 million pods produced since November 2024, indicating strong demand for its products [1][2][6] Group 1: Business Developments - The company has expanded its flavored coffee offerings through a partnership with Crazy Cups, receiving an initial order covering 20 SKUs, marking its largest engagement in the flavored coffee category to date [3][4] - NEXE has fulfilled repeat orders from existing partners, including Bridgehead Coffee and a North American office coffee services partner, reflecting ongoing demand for its compostable pod products [5][7] Group 2: Product Innovation - NEXE is focused on accelerating growth in the single-serve coffee sector and is making progress on next-generation compostable Nespresso® OriginalLine-compatible pods, with a product launch anticipated later this year [5][6] - The company is developing 20 new SKUs across its customer base, including an additional 14 new SKUs for Crazy Cups, to support its expansion and product innovation roadmap [4]
Coffee Holding Co., Inc. Reports Second Quarter Results and New Dividend.
Globenewswire· 2025-06-13 12:35
Core Insights - Coffee Holding Co., Inc. reported strong operating results for the fiscal quarter ended April 30, 2025, with a 22% increase in sales and a maintained gross margin of 19% despite challenges with a major wholesale customer [1][3][10] - The company faced significant fluctuations in green coffee prices, with Arabica prices rising by 25% in early February, leading to necessary price increases for their products [4][5] - The acquisition of Empire Coffee Company showed promising results, with a reduction in losses and a return to previous sales levels, indicating a quicker-than-expected turnaround [6] Financial Performance - Earnings per share increased to $0.11 compared to a slight loss in the second quarter of 2024 [10] - Revenues increased by 22% compared to the same quarter in the previous year [10] Market Dynamics - The company navigated a challenging market environment, including a spike in coffee prices and potential tariffs on imports, which initially caused market volatility [4][5] - The company took advantage of lower market prices during a selloff to extend inventory positions, positioning itself favorably against competitors [5] Strategic Initiatives - The company announced the resumption of its annual dividend at 33% of net earnings, reflecting improved free cash flow and working capital [7] - Coffee Holding Co. offers a diverse range of coffee products and has a strong presence in the wholesale coffee market, catering to various consumer preferences [8]
SBUX vs. BROS: Which Coffee Stock Has the Stronger Brew for 2025?
ZACKS· 2025-05-30 13:46
Industry Overview - The U.S. coffee market is projected to remain resilient in 2025, driven by strong consumer loyalty, daily ritual-driven demand, and increasing mobile ordering and digital rewards adoption [2] - The global coffee market is expected to grow from $145.84 billion in 2025 to $201.41 billion by 2032, reflecting a steady CAGR of 4.72% [4] - Innovations in eco-friendly brewing, ready-to-drink formats, and sustainable packaging are reshaping consumer behavior, while regional dynamics like rising North American home consumption and European export demand are broadening the industry's reach [3] Starbucks Corporation (SBUX) - Starbucks is implementing a turnaround strategy called "Back to Starbucks," focusing on enhancing customer and employee experiences through improved store operations, labor deployment, and menu offerings [6] - A new green apron service model is being rolled out across thousands of U.S. stores to improve peak-hour throughput and customer interactions [7] - The company is making significant changes to store design to reclaim its "third place" identity, aiming to drive higher in-store engagement [8] - Internationally, Starbucks is seeing momentum in key markets like the U.K., Japan, and Canada, with early signs of stabilization in China [9] - Despite long-term growth ambitions, Starbucks faces near-term challenges, including a decline in global comparable store sales and intensified margin pressures [11] - The Zacks Consensus Estimate for Starbucks' fiscal 2025 sales suggests a year-over-year increase of 2%, while EPS indicates a decline of 23.6% [17] - Starbucks stock has gained 6.8% in the past year, underperforming its industry and the S&P 500 [20] - Starbucks is trading at a forward 12-month price-to-sales (P/S) ratio of 2.49X, below the industry average of 4.06X [23] Dutch Bros Inc. (BROS) - Dutch Bros aims to reach 2,029 shops by 2029, executing a disciplined expansion plan supported by strong leadership and market planning [12] - The company is innovating through vibrant limited-time offerings (LTOs) and a personalized loyalty program, Dutch Rewards, which accounts for the majority of transactions [14] - Dutch Bros is gaining traction with its Order Ahead platform, effectively capturing morning demand [15] - The company is focused on maintaining quality while scaling, improving throughput, and moving toward capital-light lease models [16] - The Zacks Consensus Estimate for Dutch Bros' 2025 sales and EPS suggests year-over-year increases of 23.5% and 24.5%, respectively [18] - Dutch Bros shares have surged 95.5% in the past year [20] - Dutch Bros is trading at a forward 12-month P/S multiple of 6.61X [23] Comparative Analysis - Both Starbucks and Dutch Bros are navigating a resilient coffee industry, leveraging innovation and strategic expansion [26] - Dutch Bros stands out with its rapid growth trajectory and superior earnings momentum, appealing to younger consumers [26] - Starbucks offers unmatched global scale and a comprehensive turnaround plan, but faces near-term headwinds that could impact investor confidence [27] - Dutch Bros holds the edge as the more compelling coffee stock for 2025, backed by stronger growth estimates and elevated investor sentiment [28]
Swiss Water Reports Voting Results from Annual General Meeting of Shareholders
Globenewswire· 2025-05-22 22:59
Core Points - Swiss Water Decaffeinated Coffee Inc. held its Annual General Meeting of Shareholders on May 22, 2025, where key voting results were announced [1] Group 1: Election of Directors - All Director nominees listed in the Management Information Circular were elected as Directors of Swiss Water, with Frank A. Dennis receiving 98.58% support, and Eric Yanagi receiving 64.37% support [2] Group 2: Appointment of Auditors - MNP LLP was appointed as auditors with a significant voting support of 99.93% [3] Group 3: Company Overview - Swiss Water Decaffeinated Coffee Inc. is recognized as a leading specialty coffee company that utilizes the proprietary Swiss Water® Process for decaffeination without chemical solvents, and it also owns Seaforth Supply Chain Solutions Inc. [4]