Latin America
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.
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.
Nestlé to host dairy-alternatives webinar
Nestlé is hosting a webinar for coffee professionals to better understand plant-based dairy alternatives as more people opt for a plant-based alternative in their morning latte.
Latin America’s coffee industry receives a much needed and strong dose of financing
The deal aims to support Latin American coffee’s value chain, promote growth, and support economic recovery.
Women in the Nicaraguan coffee industry celebrated in auction
Alliance for Coffee Excellence in partnership with Nicaragua’s National Commission for the Transformation and Development of Coffee Farming (CONATRADEC) is introducing a Private Collection Auction that will feature an all-women line-up of producers.
Nestlé and Starbucks to bring RTD coffee beverages to Southeast Asia, Oceania & Latin America
The two companies plan to offer popular Starbucks Ready-to-Drink coffee beverages to reach consumers across the regions.
SCA hosts first Spanish-language webinar
The SCA Sustainability Center is hosting a fourth webinar with the Farmer Profitability and Prosperity working group – it will be the first SCA webinar completely in Spanish.