MILAN - Today, Nestlé reported lower sales, missing analysts' forecasts, and cut its full-year guidance again. The Swiss giant published its nine-month results this morning. Between January and September, sales fell by 2.4% year-on-year to CHF 67.1 billion. Organic growth was 2%, while real internal growth (RIG) was 0.5%. The impact of currency and divestments was -4.1% and -0.3% respectively. Pricing was 1.6%, reducing following “unprecedented increases in the prior two years.”
Analysts had forecast organic and RIG growth of +2.4% and...
SHANGHAI, China – Yum China Holdings, Inc. is thrilled to celebrate the victory of Jannik Sinner, global ambassador for Lavazza, at the Rolex Shanghai...
SCOTTSDALE, AZ, USA – Black Rock Coffee Bar, known for its premium roasted coffees, teas, smoothies and flavorful Fuel energy drinks, is thrilled to...
SEQUIM, Wash., USA — Civilized Coffee, known for its commitment to high-quality instant coffee, teas and baking ingredients, is thrilled to announce the launch...
OAKLAND, Calif., USA – Voyage Foods, the food innovation company that combines breakthrough technology and wholesome ingredients to secure the future of our favorite...
TRIESTE, Italy - From October 24 to 26, Trieste’s Generali Convention Center will host the Triestespresso Expo 2024, drawing coffee professionals and enthusiasts from...
SEATTLE, USA – Starbucks Coffee Company announced Monday it has acquired 23.5 Degrees in the U.K., further expanding its portfolio of company-operated stores and...
LONDON, UK – Australia's popular ready-to-drink (RTD) specialty coffee brand Hunt And Brew is launching in the United Kingdom's largest supermarket chain, Tesco. Entering...
LOS ANGELES, USA – With the change of seasons, it's the perfect time to refresh coffee routines: Lifestyle expert and designer Sabrina Soto—known for...
NEW BERLIN, N.Y., USA – Chobani, LLC, a next-generation food and beverage company yesterday announced the pricing and upsize of the previously announced private...
BUCHAREST, Romania – Sphera Franchise Group, the largest foodservice operator in Romania, expands its portfolio by adding the Italian franchise Cioccolatitaliani*, part of Gioia...
MILAN — Coffee futures started the week with a bang. Yesterday, Monday 14th October, the Ice Arabica contract for December delivery gained 1,000 points...
Drs. Joshua Méndez Harper and Christopher H. Hendon discuss the chemistry and physics behind the electrification of coffee during grinding, its effect on extraction, and strategies to...
SHANGHAI, China – Recently, Shanghai Hi-dolphin COFE+ Robot Café, successfully completed 4 financing rounds, quickly becoming a new popular investment spot. Investors include renowned...
BRUSSELS, Belgium – EVA, the European Vending & Coffee Service Association, has published its Manifesto for 2024-2029 entitled, ‘Enhancing the European dimension of vending...
TOKYO, Japan – The UN’s International Fund for Agricultural Development (IFAD), the Ministry of Agriculture, Forestry and Fisheries of Japan (MAFF) and two of...
LIMA, Peru – As it concludes seven years of implementation in Peru, the Coffee Alliance for Excellence (CAFE) has received recognition from two prestigious...
CERRITOS, Calif., USA – CUCKOO, renowned for its innovative kitchen and home appliances, is making waves in the North American coffee scene with the...
FARMINGDALE, N.Y., USA – Pintail Coffee, a leading supplier of high-quality specialty coffee that donates 100 percent of its profits to local hunger-relief organizations, has been honored with The...
SEOUL, South Korea – illycaffè, the global leader in sustainable, high-quality coffee, proudly announces the exclusive launch of two new products in its Instant...
BROOKLYN, N.Y., USA – Matto Espresso, the premier specialty coffee brand known for its innovative approach to quality and accessibility, is thrilled to announce...
BROOKLYN, N.Y., USA — PrinceNanaCoffee.com, an online coffee retailer offering a variety of fresh, premium-roasted coffee beans has continued to enjoy massive acclaim from...