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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]
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]
Westrock Coffee Company to Participate in TD Cowen's' 9th Annual Future of the Consumer Conference
Globenewswire· 2025-05-20 20:05
Company Participation - Westrock Coffee Company will participate in TD Cowen's 9th Annual Future of the Consumer Conference on June 3 - 4, 2025 [1][2] - The conference will feature presentations, fireside chats, and panel discussions focusing on various aspects of the consumer industry [2] Leadership and Innovation - Westrock Coffee's Co-Founder and CEO, Scott Ford, will join a live panel discussion on growth and innovation in the coffee category alongside Verve Coffee Roasters CEO, Colby Barr [3] - The panel is scheduled for June 3rd from 9:30 to 10:10 AM ET, highlighting leadership in scaling mission-driven coffee businesses and approaches to sustainability and technology [3] Company Overview - Westrock Coffee is a leading integrated provider of coffee, tea, flavors, extracts, and ingredients solutions in the U.S., offering services such as coffee sourcing, supply chain management, and product development [4] - The company operates in 10 countries and sources coffee and tea from 35 origin countries, serving various industries including retail, foodservice, and hospitality [4]
Westrock Coffee Company: Still Not Sweet Enough For An Upgrade
Seeking Alpha· 2025-05-19 21:35
Group 1 - The company offers an investing service and community focused on oil and natural gas, emphasizing cash flow and growth prospects [1] - Subscribers have access to a stock model account with over 50 stocks, detailed cash flow analyses of exploration and production firms, and live chat discussions about the sector [2] - A two-week free trial is available for new subscribers to explore the oil and gas investment opportunities [3]
Pluri CEO Issues Shareholder Letter Highlighting Strategic Growth, Innovation, and Global Market Expansion
Globenewswire· 2025-05-15 11:00
Core Insights - Pluri Inc. aims to lead a global biotech revolution in healthcare, food, and agriculture through its innovative cell expansion platform, which allows for the production of pharmaceuticals, food products, and agricultural goods to address multi-billion dollar markets [1][10] Business Developments - The company anticipates a significant turning point in the upcoming fiscal year by unlocking the potential of its cell expansion technology, particularly in the cocoa and coffee industries, which are facing shortages due to climate change and rising demand [2][9] - Pluri has strengthened its position in the cultivated cacao space by partnering with an Israeli AgFoodTech company that is developing cell-based cacao technology, addressing challenges in the global cacao industry [3][10] - The company has secured additional investment from a new strategic partner with expertise in healthcare, enhancing its financial position and ability to expand into key geographies [4][10] Financial Performance - In the first nine months of fiscal year 2025, Pluri recorded a fourfold increase in revenue, rising from $230,000 in the same period of fiscal year 2024 to $938,000, driven by its CDMO and AgTech businesses [7][8] - The company is advancing new food tech partnerships and licensing opportunities, contributing to its revenue growth [8][10] Strategic Initiatives - Pluri holds a 69% stake in Ever After Foods Ltd., which utilizes its cell expansion technology for cultivated meat production, with significant funding rounds supporting this initiative [5][10] - The company is actively discussing commercial implementation opportunities with leading players in the cocoa and coffee industries, including potential out-licensing to strategic partners [9][10] Research and Development - Pluri has received $2.2 million in funding from the U.S. National Institutes of Health and the Department of Defense for the development of PLX-R18 for treating Acute Radiation Syndrome, although this funding has been discontinued due to federal budget cuts [6][10]
特写丨一杯咖啡的全球化试验
21世纪经济报道· 2025-05-15 04:48
Core Viewpoint - Coffee has evolved from a simple beverage to a cultural symbol, reflecting urban consumption culture and social interactions, particularly in Shenzhen, which is becoming a hub for diverse coffee experiences and flavors [2][9][23]. Group 1: Coffee Culture and Events - The fifth Shenzhen Futian Coffee Life Week showcased nearly 200 coffee brands, allowing enthusiasts to experience a wide variety of coffee flavors and preparation processes [2][8]. - During the event, the main commercial area in Futian saw a 29.97% increase in foot traffic compared to the previous year, indicating a growing interest in coffee culture [2][8]. - Coffee is increasingly viewed as a lifestyle choice rather than just a functional drink, with consumers engaging in coffee tasting and exploration [7][9]. Group 2: Market Trends and Consumer Preferences - In 2023, China's coffee industry reached a scale of 265.4 billion yuan, with per capita annual consumption rising to 16.74 cups [8]. - Shenzhen leads major cities in China with a coffee shop density of 2.23 shops per square kilometer, reflecting its vibrant coffee culture [8]. - Approximately 80% of consumers choose coffee for its stimulating effects, while 58% consume it during leisure activities and 44.3% for business socializing [9]. Group 3: Industry Transformation and Innovation - Coffee brands are shifting from selling just beverages to offering coffee-related products, such as beans and equipment, as consumer preferences evolve [13][14]. - The rise of home brewing is evident, with the proportion of office hand-brewed coffee increasing from 12% in 2020 to 35% in 2024, driven by a demand for quality and cost-effectiveness [14]. - New coffee varieties, such as lychee-flavored coffee beans, are being developed to cater to local tastes and reduce transportation times for fresh products [16][17]. Group 4: Global Coffee Connections - The event facilitated connections between local and international coffee stakeholders, including Ethiopian diplomats promoting their coffee and seeking investment opportunities [19][20]. - The coffee festival serves as a model for regional development, with cities like Yanbian aiming to replicate Shenzhen's success in fostering a vibrant coffee culture [20][21]. - The global coffee trade is being reshaped through events like the Coffee Life Week, which emphasizes the importance of cultural exchange and collaboration in the coffee industry [22][23].