Financial Results

Nestlé presents plan to fuel and accelerate growth

During its Capital Markets Day for investors and analysts, Nestlé SA outlined an action plan to drive the performance and transformation of Nestlé and to shape its long-term future.

Business, Expansion, Financial Results

Coca-Cola streamlines reporting structure for Costa Coffee and Dogadan tea

The Coca-Cola Company announced new reporting lines for Costa Coffee and Dogadan tea to the Europe Operating Unit in order to streamline and simplify operations.

Business, Financial Results

The coffee market remains fickle

In an exclusive article to T&CTJ, Carlos Mera, head of the agri-commodities markets at Rabobank’s RaboResearch Global Economics & Markets division, reviews the recently closed CY 22/23 and assesses CY 23/24, which begins 1 October. By Carlos Mera

Business, Financial Results, Origins

A refined retail strategy drives Bad Ass Coffee’s 1H 2023 revenue growth

Bad Ass Coffee of Hawaii reports on its mid-year performance, noting 19 new franchise signings and a 23% year-over-year increase in systemwide sales (year-to-date June 2023).

Business, Financial Results

JDE Peet’s Q2 2023 sales rise 2.4% to EUR €3.988M

JDE Peet’s reported that Q2 2023 In-Home sales grew organically by 2.2% and in Away-from-Home by 9.0%; transitions from international brands to local brands in Russia.

Business, Financial Results, Regulatory

Starbucks Q3 2023 net revenues rise 12% to USD $12 billion

Starbucks’ Q3 consolidated net revenues grew 12% to USD $9.2 billion with Q3 international comparable-store sales rising 24% thanks to a 46% surge in comp-store sales in China.

Business, Expansion, Financial Results, Sustainability

Keurig Dr Pepper Q2 2023 net sales rise 6.6%; U.S. Coffee net sales fall 5.7%

Keurig Dr Pepper reports single-digit Q2 2023 sales and earnings growth, raises full year net sales outlook and reaffirms EPS guidance.

Financial Results

Coca-Cola’s 2Q 2023 EPS Surge 34%, Net Revenues Rise 6%

During its second quarter, Coca-Cola’s coffee business grew 5% while the tea business inched up 1%, and the company strengthened its sustainability commitment.

Financial Results

Events

Wed

11

Dec

(NAMA) Coffee, Tea & Water 2024

The NAMA Water, Tea, and Coffee Event 2024 will take place on 11 December and 12 December, 2024, in New Orleans, Louisiana. Organized by the National Automatic Merchandising Association (NAMA), this event focuses on the latest trends, innovations, and business opportunities within the beverage industry, specifically water, tea, and coffee sectors.

Attendees can expect a range of activities, including informative sessions, workshops, and networking opportunities designed for industry professionals. The event will feature keynote speakers, panel discussions, and a showcase of new products from various exhibitors.

The NAMA event aims to foster collaboration among participants while addressing key industry topics such as sustainability, technology integration, and consumer preferences.

Thu

12

Dec

Global Tea Fair 2024

The Global Tea Fair 2024 in Shenzhen is one of the largest tea industry events, taking place from 12 December – 16 December, 2024, at the Shenzhen Convention & Exhibition Center. It attracts over 180,000 visitors, including importers, wholesalers, retailers, and high-profile buyers from sectors like hotels and supermarkets. The event will feature around 200 speakers, offering market insights, and spanning 100,000 square meters of exhibit space covering diverse tea categories. Highlights include the World Green Tea Conference and a traditional Dou Cha Tea Competition, allowing tea enthusiasts to evaluate and taste premium teas.

Sat

18

Jan

Sigep 2025

Sigep 2025, the 46th edition of the International Trade Show of Artisan Gelato, Pastry, Bakery, and Coffee, will take place from 18 January – 22 January, 2025 in Rimini, Italy. This globally recognized event continues to bring together industry professionals, offering a showcase for innovations in the artisan food and beverage sectors, including gelato, coffee, pastry, and bakery. Sigep 2025 will feature over 1,200 exhibitors and offer opportunities for business networking, live demonstrations, and competitions.

The event will emphasize sustainability, cutting-edge technologies, and global trends, making it a key platform for those involved in these sectors to gain insights and expand their business horizons.

Sun

19

Jan

Winter Fancy Food Show 2025

The 2025 Las Vegas Winter Fancy Food Show, held from 19 January – 21 January at the Las Vegas Convention Center, is a key event for the specialty food industry. This three-day trade show offers opportunities for product discovery, networking, and education, featuring a wide range of specialty items such as gluten-free, vegan, and protein-rich foods. Attendees include large retailers like Whole Foods and Walmart, as well as smaller independent grocers. The show brings together food makers and retailers to explore trends and innovations in the food sector

Thu

30

Jan

10th Annual Global Tea Institute Colloquium

The 10th Annual Global Tea Institute Colloquium will take place on 30 January, 2025, at the UC Davis Conference Center. This year’s theme is “Tea and Peace: Bringing Communities Together,” focusing on tea’s role in promoting cultural connections, social harmony, and scientific research. The event will feature leading experts from academia and the tea industry, discussing tea from perspectives including culture, health, science, and market trends. The colloquium is part of UC Davis’s broader Global Tea Initiative, which integrates interdisciplinary research on tea’s global impact.

Mon

10

Feb

World of Coffee Dubai 2025

World of Coffee Dubai 2025 is a major event for coffee professionals, scheduled to take place in Dubai. It will feature a blend of coffee exhibitions, competitions, and networking opportunities.

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