Reborn Coffee Provides Third Quarter 2024 Corporate Update and Financial Results
JVAfee (JVA) GlobeNewswire News Room·2024-11-20 21:31

BREA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (Nasdaq: REBN), a leader in the specialty coffee industry, has reported its financial and operational results for the third quarter ended September 30, 2024. Key Financial and Operational Highlights Despite higher food costs, in the nine months ending September 30, 2024, revenue was steady at $4.1 million as compared to the same period revenue in 2023.Company-operated store gross margins for nine months ended September 30, 2024, increased to ...