Staten Island, NY, Nov. 11, 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 it purchased all of the assets of Empire Coffee Company (“Empire”) based in Port Chester, NY. The purchase was made under Article 9 of the UCC and consists of Empire’s inventory, equipment, accounts receivable, customer list and all intellectual property. To facilitate the purchase, C ...

First quarter fiscal 2025 net sales of $85.1 million, up 4% on a year-over-year basisFirst quarter fiscal 2025 gross margin increase of 630 basis points year-over-year to 43.9%Reported net loss of $5 million and improved adjusted EBITDA1 of $1.4 million FORT WORTH, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) today reported its first quarter fiscal 2025 financial results for the period ended Sept. 30, 2024. The company filed its Form 10-Q, which can be found on the Investor Relat ...

Key TakeawaysDutch Bros shares popped after the company posted earnings results that beat expectations.The coffee chain also raised its full-year revenue guidance, now even further above Wall Street's consensus expectation. Shares of Dutch Bros have gained nearly 50% in 2024. Dutch Bros (BROS) shares skyrocketed after the company’s third-quarter results beat expectations and featured an upwardly revised forecast.  The coffee chain said it now expects 2024 revenue between $1.255 billion and $1.26 billion, up ...

Strategic Acquisition Bringing Reborn Coffee’s High-End Café Concept Together with Bbang Ssaem’s Bakery Expertise to Drive Revenue and Growth BREA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN), a premier specialty coffee retailer, is pleased to announce the successful acquisition of a 58% stake in Bbang Ssaem Bakery, a leading bakery chain with 31 locations across South Korea. This acquisition follows the previously signed MOU between the two companies, solidifying Reborn Cof ...

Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "Coffee Beans Market Report and Forecast 2024-2032" report has been added to ResearchAndMarkets.com's offering.According to the report, the global coffee beans market reached approximately USD 35.23 billion in 2023. Aided by the increased consumer interest in premium and specialty coffees, the market is projected to grow at a CAGR of 6.10% between 2024 and 2032, reaching a value of around USD 60.07 billion by 2032. One of the foremost trends aiding the coffee ...

Key TakeawaysNew Starbucks CEO Brian Niccol on Wednesday detailed his plan to revive the coffee chain. A central theme: He wants Starbucks wants to hand customers their coffee within four minutes of them ordering, believing speedy handoffs will help bring back customers.The coffee giants' shares were little changed early Thursday following the company's latest quarterly financial results. Starbucks Corporation (SBUX) CEO Brian Niccol has brewed a plan for a brighter future for the coffee giant. Part of it i ...

VANCOUVER, British Columbia, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. (TSX: SWP) ("Swiss Water" or "the Company") announced today that it will hold a conference call to discuss its financial results for the three and nine months ended September 30, 2024, on Wednesday, November 6, 2024, at 1:00 PM Pacific (4:00 pm Eastern). The call can be accessed by dialing, approximately five minutes before the call: 1-888-506-0062 (toll-free) or 1-973-528-0011 (international); The listener ...

FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Farmer Bros. Co. (NASDAQ: FARM) announced today it will publish its fiscal first quarter 2025 financial results for the period ended Sept. 30, 2024 with the filing of its 10-Q and the issuing of its earnings results release, both of which will be posted on the Investor Relations section of its website after the close of market Thursday, Nov. 7. The company will also host an audio-only investor conference call and webcast at 5 p.m. Eastern on Thursday, Nov ...

LITTLE ROCK, Ark., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Westrock Coffee Company (NASDAQ: WEST) ("Westrock Coffee" or the “Company") today announced that it will report its third quarter 2024 results on Thursday, November 7, 2024 after market close. The announcement will be followed by a live earnings conference call at 4:30 p.m. ET. To participate in the live earnings call and question and answer session, please register at HERE and dial-in information will be provided directly to you. The live audio webcast w ...

The reimagined website boasts a modern and intuitive interface designed for Westrock's diverse business partners across industries, including retail, food service, hospitality, and convenience. It showcases Westrock's proprietary platforms, such as:Farmer Direct Verified®, which ensures unparalleled traceability and ethical sourcing across its supply chains.Raíz Sustainability™ program, an initiative which supports more than 10,000 farmers globally, underlining Westrock's dedication to sustainable practices ...