BREA, Calif., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a leading specialty coffee retailer in the US, has reported its financial and operational results for the second quarter ended June 30, 2024. Key Financial and Operational Highlights Six months ending June 30, 2024 revenue increased 11.54% to $2.9 million. Q2'24 company-operated store gross margins improved to 72.9% compared to 65.3% for the same period in 2023. Ended Q2'24 with 11 open locations ...

BREA, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (Nasdaq: REBN), a leading global specialty coffee brand, is pleased to announce a significant expansion into the China market through a strategic Master License Agreement with Shenyang Yongsheng Seven Stars Tourism Development Co., facilitated by Reborn China. This transformative partnership will establish Reborn Coffee's premier locations in Shenyang, the bustling capital of Liaoning Province, home to over 43 million people. This joint ven ...

As one of the most consumed beverages in the world, coffee stocks have become a go-to investment for investors seeking high returns. Originating in Africa, coffee has evolved through three distinct waves to become an integral part of our lives. Today, the dark liquid is consumed by over a billion people worldwide while fueling the expansion of artisanal blends and cafe culture. In other words, the demand for coffee isn't going away anytime soon. Driven by the role of emerging markets in specialty coffee and ...

Company expands premium-quality house brand with new Fair Trade Certified™ and organic flavor of ground coffee LAKEWOOD, Colo., Aug. 9, 2024 /PRNewswire/ -- August is a month that inspires everyone to gobble up the last, tastiest bits of summer. Summer nostalgia seems to burn the brightest in August. From the sounds of kids splashing in a pool, to peaceful nights with starry skies and the calming buzz of insects, to backyard gettogethers with family and friends and sweet summer treats…like pie! To commemora ...

VANCOUVER, British Columbia, Aug. 01, 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 six months ended June 30, 2024, on Thursday, August 8, 2024, at 1:00 PM Pacific (4:00 pm Eastern). The call can be accessed by dialing, approximately five minutes before the call: 1-800-715-9871 (toll-free) or 1-646-307-1963 (international); The listener will be p ...

BREA, Calif., July 30, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ: REBN), a leading specialty coffee retailer in the US, today announced a strategic partnership and joint venture with a prominent China AI Database Company - Penglai Data Store (Shenzhen), led by CEO Alex Guo, which develops the high performance AI database software - HetuKV optimizing the AI learning and training process for businesses. This collaboration signifies the official launch of Reborn China, an innovative venture poised to ...

Second Quarter Net Revenues Increased 35.5% to RMB8,402.6 Million Profitability Improved From Last Quarter with GAAP Operating Margin of 12.5% More than 1,370 Net New Store Openings; Ended Quarter with Nearly 20,000 Stores BEIJING, July 30, 2024 (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, 2024. SECOND QUARTER 2024 HIGHLIGHTS1 Total net revenues in the second quarter were RMB8,402.6 ...

LITTLE ROCK, Ark., July 24, 2024 (GLOBE NEWSWIRE) -- Westrock Coffee Company (NASDAQ: WEST) ("Westrock Coffee" or the “Company") today announced that it will report its second quarter 2024 results on Thursday, August 8, 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 https://register.vevent.com/register/BI9bad72ca08ef456698dffe2f12427ebd and dial-in info ...

Most of the market had grown worried about the fate of consumer discretionary stocks, especially after realizing that the U.S. consumer is now suffering more and more from stickier inflation rates. While this may have some traction, fear is often not real when it comes to a certain group of stocks within this space, with more than just sound financial momentum behind them. Starbucks Today SBUX Starbucks $76.26 -0.29 (-0.38%) 52-Week Range $71.55 ▼ $107.66 Dividend Yield 2.99% P/E Ratio 21.01 Price Target $9 ...

Q12024 Revenue Increased 35% to $1.5 Million Q1 2024 Gross Profit Increased 51% to $1.1 Million BREA, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, has reported its financial and operational results for the first quarter ended March 31, 2024. Key Financial and Operational Highlights Revenue increased 35% to $1.5 million in Q1'24 from $1.1 million in Q1'23. Ended Q1'24 with 11 open locations, with on ...