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outlook
Westrock Coffee provides update on Preliminary 2023 FY Results, and Initial 2024 Outlook
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LITTLE ROCK, Ark., USA – Westrock Coffee Company provided an update on anticipated 2023 full year results. The Company expects its 2023 Adjusted EBITDA...
La Niña pattern has become established in the tropical Pacific, but will be short-lived
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MELBOURNE, Australia – La Niña has become established in the tropical Pacific, the Bureau of Meteorology (BOM) of the Australian Government reports in its...
Starbucks reports $1.1b profits in 3Q F2021, revenues jumped nearly 78 percent to $7.5b
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MILAN – Starbucks reported on Tuesday better than expected results for its 13-week fiscal third quarter ended June 27, 2021, as more customers returned...
Barry Callebaut reports sales volume up +3.4% in the first nine months of 2020/21
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ZURICH, Switzerland – The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, reported an accelerating sales volume growth of...
Bühler has proved reliability and robustness in 2020 and looks forward with bounded optimism
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UZWIL, Switzerland – In 2020, Bühler proved to be a reliable partner to all its stakeholders and showed robust business performance in 2020. Protection...
Starbucks expects to have 55k locations by 2030
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MILAN – During an investor event last week, Starbucks said it plans to add about 22,000 new locations within the next 10 years —...
Barry Callebaut full year results hit by Covid, sales volumes recover in the last quarter
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MILAN – Barry Callebaut - the world's leading manufacturer of high-quality chocolate and cocoa products headquartered in Zurich, Switzerland - said sales volumes recovered...
JDE Peet′s reports a 2.9% drop in 1H sales to €3.2b, expects sales to rebound in 2Q
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MILAN – JDE Peet's, the world's largest coffee and tea group by revenue, reported Tuesday half-year 2020 results that were heavily impacted by Covid-19....
Sodexo reports 3Q revenue down by 30% due to due to Covid-19 impact
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MILAN - French catering and facilities management firm Sodexo said Tuesday that revenue for its third quarter of fiscal 2020 dropped by almost a...
Starbucks expects 2Q earnings to be cut almost by half due to Covid-19 outbreak
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MILAN – Starbucks said Wednesday it expects that it expects its fiscal second-quarter earnings to be cut nearly in half from a year ago...