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Reborn Coffee Closes Master License Agreement for UAE
GlobeNewswire News Room· 2024-06-27 20:31
BREA, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a specialty coffee retailer based in California, announced today a master licensing deal that will facilitate Reborn Coffee's dynamic entry into the vibrant UAE market, with its first flagship location set to open in Dubai, UAE. This partnership between Reborn Coffee and Reborn UAE, led by CEO Mahmood Arjomand, marks a significant step in expanding Reborn Coffee's footprint beyond its current bou ...
Reborn Coffee Intends to Appeal Delisting Notice from Nasdaq
GlobeNewswire News Room· 2024-06-27 04:30
BREA, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced that it has received a notice of delisting from Nasdaq. On June 21, 2024, Reborn Coffee (the “Company”) received a staff determination letter (the “Letter”) from the Nasdaq Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that because it has not yet filed its Form 10-Q for th ...
Coffee Holding Co., Inc. Terminates Merger with Delta Corp Holdings Limited
Newsfilter· 2024-06-24 20:30
Staten Island, NY, June 24, 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 Coffee Holding has terminated the previously announced Definitive Merger and Share Exchange Agreement, originally announced on September 30, 2022 (the "Merger Agreement") with Delta Corp. Holdings Limited ("Delta"). "After almost two years of attempting to get our previously announced ...
Coffee Holding Co., Inc. Terminates Merger with Delta Corp Holdings Limited
GlobeNewswire News Room· 2024-06-24 20:30
Staten Island, NY, June 24, 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 Coffee Holding has terminated the previously announced Definitive Merger and Share Exchange Agreement, originally announced on September 30, 2022 (the "Merger Agreement") with Delta Corp. Holdings Limited ("Delta"). "After almost two years of attempting to get our previously announced ...
Fire Department Coffee to Arrive on Walmart Shelves
GlobeNewswire News Room· 2024-06-18 23:00
ROCKFORD, Ill., June 18, 2024 (GLOBE NEWSWIRE) -- Months after earning the opportunity during Walmart’s prestigious and competitive “Open Call” event, Fire Department Coffee is set to debut its popular roasts at Walmart stores nationwide this June. The veteran-owned company, founded in 2016, has experienced significant recent growth. Now, its products will be available to customers at more than 2,300 Walmart stores, representing nearly half of all Walmart stores in the United States. Fire Dept. Coffee is a ...
Reborn Coffee Launches on Amazon, Expanding OMNI-Channel Strategy for E-Commerce Growth
GlobeNewswire News Room· 2024-06-18 20:31
BREA, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ:REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced its official launch on Amazon. This strategic move enhances the Company's OMNI-channel approach, aiming to drive substantial revenue growth and capture a wider online customer base. According to Grand View Research, the global coffee market is projected to reach $144.7 billion by 2025, with a significant portion driven by specialty c ...
fee (JVA) - 2024 Q2 - Quarterly Report
2024-06-18 05:06
公司业务范围 - 公司是美国一家综合性批发咖啡烘焙商和经销商,提供广泛的咖啡产品,涵盖消费者口味、偏好和价格范围[47] - 公司主要经营领域包括批发特种绿咖啡的销售、私人标签咖啡的烘焙、混合、包装和销售、八个品牌咖啡的烘焙、混合、包装和销售,以及桌面咖啡烘焙设备的销售[48] 销售情况 - 公司的净销售主要受销售和营销努力的成功以及保留现有客户和吸引新客户的能力影响,因此公司已经做出并将继续评估战略决策,以增加净销售[51] - 2024年4月30日三个月净销售额为1,899,591.3美元,同比增长24%[69] - 2024年4月30日六个月净销售额为3,853.6万美元,同比增长15%[70] 财务状况 - 2024年4月30日三个月毛利润为370.4万美元,占净销售额的19.5%[69] - 2024年4月30日六个月毛利润为718.4万美元,占净销售额的18.6%[70] - 2024年4月30日三个月总营业费用为377.1万美元,较去年同期增长55.4万美元[69] - 2024年4月30日六个月总营业费用为663.4万美元,较去年同期增长29.6万美元[70] - 2024年4月30日三个月净利润为-21.8万美元,较去年同期改善[69] - 2024年4月30日六个月净利润为32.9万美元,较去年同期改善[71] - 公司拥有1872.3万美元的流动资金,较去年同期增加[72] 融资情况 - 公司正在与贷款方商讨延长信贷额度的事宜[73]
Westrock Coffee Opens Industry's Largest Roast to Ready-to-Drink Manufacturing Facility in Conway, Arkansas Ahead of Schedule
Prnewswire· 2024-06-14 06:35
State-of-the-art manufacturing center represents the pinnacle of innovative beverage production CONWAY, Ark., June 13, 2024 /PRNewswire/ -- Westrock Coffee Company (Nasdaq: WEST) ("Westrock Coffee" or the "Company"), an industry leader in innovative beverage solutions, today launches the largest roast to ready-to-drink manufacturing facility in North America. Located in Conway, Arkansas, the 570,000-square- foot facility represents a $315 million investment in manufacturing capability and includes a compreh ...
Luckin Coffee: Profitable Growth At A Discount
Seeking Alpha· 2024-06-12 05:43
SensorSpot/E+ via Getty Images China loves its coffee – who knew? I recently spent some time in China, in the cities of Shanghai (population 26 million), Hangzhou (population 10 million), Suzhou (population 8 million) as well as several other smaller cities with populations of 1 to 3 million. To my surprise, there were coffee shops everywhere. These included a hole in the wall two - seat Manner coffee outlet, where delivery people on small electric scooters arrived every few minutes, micro roasteries with s ...
Reborn Coffee Unveils Major Global Expansion for Premium Brand Growth in China and Southeast Asia
GlobeNewswire News Room· 2024-06-11 20:31
BREA, Calif., June 11, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ:REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced its in-depth plan for opening its first flagship store in the Historic Art Museum Building in Guangzhou, China. Following the successful closure of a master franchise agreement in Guangdong Province, the company is set to establish its first flagship store, complete with a roasting and training facility, in the culturally rich Li Wei ...