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Saturday 23 November 2024
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Companies

Starbucks reported a record high in Q3 but forecasted slower growth for the year

Desk3 -
Starbucks reported third fiscal quarter earnings of 62 cents a share, narrowly beating Wall Street forecasts for 61 cents a share. Results were mixed...
Companies

Nestlé reports rise in half-year sales thanks to growth in China and the U.S.

Desk3 -
VEVEY, Switzerland — Nestlé has reported accelerating sales and a 19 percent jump in net profit to CHF5.8 billion in the first half of the year as markets in the US and China improve. Earnings per share have also increased by 21.4 percent to CHF 1.92.
Companies

Costa UK coffee sales fall by 2 percent on Britain’s high street woes

Desk3 -
MILAN – Costa Coffee reported today a 2% fall in like-for-like sales in the first three months of the year. Costa’s parent company Whitbread...
Market & Trade

Olam International Q1 2018 results: PATMI up 9.8%; Operational PATMI up 13.0%

Desk3 -
SINGAPORE – Olam International has released on May 14, 2018 its Q1 2018 results showing a strong financial performance. PATMI is up 9.8% to...

Starbucks shares decline despite record revenues in Q2, Outlook reiterated

Desk3 -
MILAN – Starbucks reported on Thursday afternoon another quarter of tepid sales growth. Revenues were up 14% from the same period the year before...

Strong UK performance and a step-change in international momentum

Desk3 -
LONDON, UK – In a press release issued on Wednesday, Costa’s parent company Whitbread reported a strong UK performance and a step-change in international...

Nestlé confirms outlook, Nespresso continues its good organic growth

Desk3 -
MILAN – Nestlé confirmed on Thursday its target to grow organic sales by 2-4 percent this year and improve its trading operating margin. It...
Companies

Leading Italian coffee maker Lavazza posts record revenue of EUR2 billion

Desk3 -
MILAN – Italian leading coffee roaster Lavazza reported record full-year results for 2017 on Tuesday achieving revenue in excess of EUR2 billion for the...
Companies

Ten Peaks announces Conference Call for 2017 4Q and year end results

Desk3 -
VANCOUVER, British Columbia, Canada — Ten Peaks Coffee Company (TSX:TPK) ("Ten Peaks" or "the company") announced today that it will hold a conference call...

Olam reports soft finish to strong 2017 due to lower contribution from coffee

Desk3 -
SINGAPORE — Olam revealed yesterday a soft finish to a stronger 2017, undermined by a “significantly lower contribution” from coffee. Excluding one-time factors, earnings...
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