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JDE Peet’s share buyback periodic update August 4, 2025
Globenewswire· 2025-08-04 12:00
Group 1 - JDE Peet's announced the repurchase of 102,859 shares from July 28, 2025, to August 1, 2025, at an average price of EUR 24.10 per share, totaling EUR 2.5 million [1] - The total number of shares repurchased under the buyback program to date is 4,831,794 ordinary shares for a total consideration of EUR 96.6 million [2] - The share buyback program was initially announced on March 3, 2025, with a total budget of EUR 250 million [1][2] Group 2 - 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] - The company generated total sales of EUR 8.8 billion in 2024 and employs over 21,000 people globally [3] - JDE Peet's portfolio includes iconic brands such as Peet's, L'OR, Jacobs, Douwe Egberts, Kenco, Pilao, OldTown, Super, and Moccona [3]
Swiss Water Conference Call Notification for 2025 Second Quarter Results
Globenewswire· 2025-07-30 21:00
Group 1 - Swiss Water Decaffeinated Coffee Inc. will hold a conference call on August 07, 2025, to discuss its financial results for the three and six months ended June 30, 2025 [1] - The financial results will be released on August 06, 2025, after the market closes [1] - The conference call can be accessed by dialing in approximately five minutes before the call [1] Group 2 - Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee company that uses the proprietary Swiss Water® Process to decaffeinate green coffee without chemical solvents [2] - The company also owns Seaforth Supply Chain Solutions Inc., which is involved in green coffee handling and storage [2] - Both businesses are located in Delta, British Columbia, Canada [2]
HOT NEWS: PEET'S COFFEE TAKES TO THE SKIES WITH SOUTHWEST AIRLINES AS THEIR OFFICIAL INFLIGHT COFFEE PARTNER STARTING ON AUG. 13
Prnewswire· 2025-07-30 13:00
To celebrate this launch, Peet's and Southwest will host an immersive, co-branded event at Peet's East 8th Street location in Chicago on Aug. 15-16 during regular coffee bar hours. Timed to coincide with the city's iconic Air and Water Show, the activation invites travelers and locals to experience the partnership through interactive elements, product sampling, and brand storytelling. About Peet's Coffee Hot News: Peet's Coffee Takes to the Skies With Southwest Airlines as Their Official Inflight Coffee Par ...
Luckin Coffee Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-07-30 11:00
Net Revenues Increased by 47.1% Year-over-Year to RMB12.4 Billion GAAP Operating Income Increased by 61.8% Year-over-Year to RMB1.7 Billion Same-Store Sales Growth for Self-Operated Stores Accelerated to 13.4% BEIJING, July 30, 2025 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (OTC: LKNCY) today announced its unaudited financial results for the three months ended June 30, 2025. SECOND QUARTER 2025 HIGHLIGHTS Dr. Jinyi Guo, Co-founder and CEO of Luckin Coffee, said, "Our focused ...
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]