Global Coffee Report

Image: wachiwit/stock.adobe.comStarbucks‘ preliminary fourth-quarter results have shown a decline in global comparable store sales and consolidated revenues. On 22 October, the company released its preliminary financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ending 29 September 2024. For the fourth quarter of fiscal year 2024, global comparable store sales declined 7 per
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Image: Robert/stock.adobe.comChinese coffee chain Luckin Coffee will release its third quarter 2024 financial results before the United States (US) market opens on 30 October 2024. The company will hold a conference call on 30 October 2024 at 8am Eastern Time (30 October 2024, 8:00pm Beijing Time) to discuss the financial results and take questions live. In
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Image: La MarzoccoLa Marzocco is partnering with exclusive lifestyle brand Porsche Design with the aim to “extend the Porsche principles and legacy beyond the automotive world and leverage its heritage and reputation in the sector”. The companies have combined their innovation and design to create two exclusive Porsche x La Marzocco Linea Micra espresso machines and a
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Image: CafexpoCafexpo, described as the first national coffee event in Honduras, is set to take place on from 21 to 22 March 2025. The event has been designed to connect the entire coffee supply chain for two days of networking, collaboration, business, and celebration in San Pedro Sula, Honduras. Cafexpo is said to be a unique
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Image: piter2121/stock.adobe.comInvestment holding company JAB has entered an agreement to acquire global snack food company Mondelez’s 86 million shares in JDE Peet’s for US$27.15 (€25.10) per share. Additionally, JAB has distributed shares of JDE Peet’s to more than 70 limited partners of JAB Consumer Partners (JCP), significantly increasing the free float of JDE Peet’s. This is
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Image: JDE Peet’sGlobal beverage brand JDE Peet’s has appointed Rafael (Rafa) Oliveira as CEO and stand-in Executive Director. Oliveira’s appointment follows a search process that the Board began in April 2024 and is expected to take effect on 1 November 2024. He brings extensive global FMCG leadership experience to JDE Peet’s, including 10 years at the Kraft
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Image: TatjanaMeininger/stock.adobe.comPackaging plays a crucial role in the coffee industry, preserving the much-loved product to ensure it reaches the end-consumer as the roaster intended. As with all aspects of the industry, packaging solutions are evolving and offering coffee companies more options in terms of flexibility, value, quality, and sustainability. Global Coffee Report wants to explore the evolution
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Image: SandaljTrieste-based green coffee importer Sandalj Trading Company will showcase its blends and new arrivals at the Triestespresso Expo 2024. The expo is now in its 11th edition and will be held at Trieste Convention Center in Italy from 24 to 26 October. Sandalj will be located at stand 17 (hall 28 BIS) with more than
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Image: SchaererCoffee machine manufacturer Schaerer‘s new milk scale, MilkCheck, is designed to optimise ingredient management and service tasks for improved efficiency and sustainability. The compact scale is said to offer a continuous monitoring of milk container fill levels and the cooling chamber temperature. “This goes much further than the familiar ‘low’ or ’empty’ status indicators: the
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