The promotion includes classic espresso drinks like lattes, cappuccinos, americanos, iced lattes, and iced americanos.

To redeem the offer customers have to download or open the Matto app on their smartphone, select an espresso drink of choice from the $3 menu, and apply the exclusive National Espresso Day discount to enjoy the beverage for only $2.

“We’re thrilled to give our loyal customers a little extra something special for National Espresso Day this year,” said Matto’s co-founder Jennifer Maman. “It’s the perfect time to try something new or enjoy a favorite espresso drink at an unbeatable price — all while using our app for a fast and easy experience.”

Matto fans can also look forward to exciting news in December. The company is preparing for its next grand opening at Rutgers University, further expanding its reach and impact within university networks, as well as the larger New York community. Students, faculty, and visitors alike can soon enjoy the signature Matto experience right on campus.

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Joseph Brodsky, founder of Ninety Plus began producing coffee in Ethiopia, the birthplace of coffee, in 2006. Brodsky’s revolutionary “natural process” develops unique flavors within the coffee and when debuted, immediately amazed judges at world competitions, setting off a wave of change in the industry. Ninety Plus coffees have earned the world’s highest accolades and were used to win five of six consecutive World Brewers Cup Championships.

Coffee Support specializes in providing a full range of services including sourcing, toll roasting and cold brew production. It has transformed coffee for business operators – ensuring clients have exceptional products. Both Ninety Plus and Coffee Support share a mission to never compromise on quality.

“Coffee Support is among the best coffee roasting, packing, and logistics operations I’ve seen. It is the perfect partnership to deliver to and support fans of Ninety Plus in the United States,” said Brodsky.

In 2007, Ninety Plus shared the coffee processes it developed in Ethiopia with growers in Panama, initiating an overhaul of specialty coffee processing practices throughout the Americas. Today, Ninety Plus oversees nearly 1,000 hectares in Panama. Eighty percent of that land is under eco-preservation/restoration and 20% is used for cultivation of coffee and reforestation. Ninety Plus is committed to biodiversity in its farms, coffee workers’ quality of life, and innovation of the coffee taste experience. Ninety Plus is among the pioneers of Gesha coffee in Panama.

“We are thrilled to be able to represent and distribute Ninety Plus, one of the world’s leading specialty coffee companies that has been transforming the industry since its inception,” said Jason Kyle, CEO of Coffee Support. “Ninety Plus cultivates coffees that move you – creating flavorful and memorable experiences.”

Beginning in November, Coffee Support will release several offerings from Ninety Plus. Coffee Support launched in 2021 and has been producing coffee products for specialty coffee brands across the U.S. Coffee Support is an SQF and organic certified facility. You can learn more about the partnership at www.coffeesupport.com/ninetyplus

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Rafa Oliveira brings extensive global FMCG leadership experience to JDE Peet’s. He joins after 10 years at The Kraft Heinz Company, where he successfully drove growth, innovation and sustainability initiatives, and developed business leaders while serving in various executive roles, including EVP and President of International Markets (EMEA, APAC and LATAM).

“I am thrilled to welcome Rafa to JDE Peet’s. His deep understanding of global markets and consumers, strategic acumen, and proven performance in the consumer sector is complemented by a passion for innovation and team development,” said Peter Harf, chairman of the Board of JDE Peet’s. “With Rafa’s appointment, the company is now entering a new and exciting phase. I am confident in Rafa’s ability to deliver against our strategic priorities and drive consistent performance across top-line, profitability, and cash flow whilst creating value for all stakeholders.”

Rafa Oliveira will be based in Amsterdam. His appointment follows a thorough search process initiated by the Board in April. Rafa Oliveira’s appointment as CEO is subject to receipt of his work permit in The Netherlands, and his formal appointment as Executive Director is subject to shareholder approval at the company’s next Annual General Meeting of Shareholders on 19 June 2025.

“It is truly my honour to take the helm of this storied company,” added Rafa Oliveira. “With more than 270 years of history, JDE Peet’s is an innovative company with an unmatched portfolio of iconic brands and products, allowing us to unleash the possibilities of coffee and tea to drive long-term value for shareholders and other stakeholders. I am excited to collaborate with the talented team and people at JDE Peet’s, who have built a remarkable company poised for profitable growth.”

Peter Harf and the Board also thanked Scott Gray for leading the company with excellence as interim CEO alongside his responsibilities as CFO, pending the appointment of a permanent CEO. Scott Gray will work with Rafa Oliveira to ensure a seamless transition and onboarding.

On the occasion of this announcement, JDE Peet’s reaffirmed that, considering its performance in the first nine months, the company is on track to achieve its 2024 outlook.

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Chamberlain Coffee is only available in single-serve Chamberlain Steeped Coffee Bags, brewed similar to tea, which are made using compostable and renewable materials, making every cup eco-friendly. Chamberlain said: “I’ve never had an efficient way to bring coffee around with me while traveling or an efficient way to make coffee at home that was actually really really good.”

When searching for the perfect solution, Emma approached Los Angeles based Bixby Roasting Co, to collaborate on a unique roast profile in innovative new packaging. Chamberlain’s goal was to simply share a single serving of freshly roasted specialty coffee that is delicious, easy, and guilt-free with her fans. She wanted no machines, pods, or extra plastic packaging.

Emma and Bixby turned to Santa Cruz-based startup Steeped Coffee and its proprietary brewing method to deliver a simple consistent barista-approved cup. Every single-serving Steeped Coffee Bag is crafted for quality, convenience, and sustainability.

“My goal with this was to give everyone a way to make coffee easily that actually tastes good,” says Emma. “I am super excited that I was able to create this product.”

Each Chamberlain Steeped Coffee Bag is pre-ground, pre-dosed, and nitro-sealed for freshness using a blend of 100% specialty, sustainably grown coffees from Colombia, Guatemala, and Nicaragua that are hand-roasted in small batches at Bixby’s L.A. headquarters. The result is a rich and smooth cup with hints of chocolate and cherry.

“We couldn’t be more excited about this collaboration,” says Bixby founder and CEO, Remington Hotchkis. “Partnering with the innovative team at Steeped producing the perfect single-serve coffee and someone as dynamic and forward-thinking as Emma is a dream come true.”

About Emma Chamberlain

Emma began creating content on YouTube last year and has gained over 8.5 million subscribers and 950 million views to date. Time Magazine included Chamberlain in their 2019 list of The 25 Most Influential People on the Internet as well as the Time Magazine 100 Next List. The New York Times wrote “Emma Chamberlain, 18, is the funniest person on YouTube,” W Magazine wrote that she is “the most interesting girl on YouTube.”

About Steeped Coffee

Steeped, Inc., based in Santa Cruz, California, is a Certified B Corp and Benefit Corporation focused on every detail from farm-to-cup and beyond, to bring people the most convenient, quality, ethically sourced, and sustainably packaged products available. Steeped Coffee provides the new standard single-serve method that combines both convenience and quality all within Guilt-Free Packaging. The proprietary Steeped Brewing Method delivers 100% freshly roasted, precision ground, and nitro sealed specialty coffee pre-portioned within the Steeped Full Immersion Filters. For more information. visit www.steepedcoffee.com.

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Paul led Costa through a strong growth phase, along with the sale of Costa to The Coca-Cola Company, the complex separation from Whitbread and the development of Costa’s new growth strategy.

“Dominic led a significant reshaping of Costa’s international footprint, the expansion of the brand across multiple new platforms and a wide-ranging reset of the core UK business strategy,” said Jennifer Mann, president of global ventures for The Coca-Cola Company, parent of Costa.

McDonald will report to Mann. “I am excited to welcome Jill to the Costa family,” Mann said. “Her track record, depth of international experience and excitement about joining our business makes her an ideal leader to build on the great work of Dominic and the rest of the Costa team.”

Most recently, McDonald was managing director of clothing and home for Marks & Spencer. Prior to that, she held senior roles at Halfords, McDonald’s Corp and British Airways.

“I have long been a fan of Costa and have watched the company grow in the UK and far beyond,” McDonald said. “I look forward to joining the Costa leadership team and building on the great foundation and growth potential in the business.”

Paul will remain with Costa as a special advisor through February 2020, supporting the transition.

About Costa Coffee

Founded in London by Italian brothers Sergio and Bruno Costa in 1971, Costa Coffee operates over 2,600+ coffee shops in the UK and more than 1,300+ in 31 international markets. It has been awarded “Best Branded Coffee Shop Chain in the UK and Ireland” by Allegra Strategies for nine years running (2010-2018).

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• Saturday Cupping with East Pole’s Founders (10 am) – Join founders Jared Karr, Jules Tompkins and Matt Chesla for a special anniversary edition of their Saturday coffee cupping class. Held at East Pole’s bar and in-house roastery, the class will guide guests on a 45-minute, interactive tasting of single origin coffees and explore the coffee-making process from bean to cup. Like all of East Pole’s weekly cuppings, the event will be free and open to the public, with sign up beginning at 9:15 a.m. Please see here for more details.
• New Seasonal Drink – East Pole’s new seasonal drink––“Piña Co-latte”––will be available at the bar starting Saturday morning. The 10-ounce, hot espresso beverage will feature whole or oat milk and a house-made, dairy-free syrup crafted with caramel, pineapple and coconut, then topped with candied pineapple and nutmeg.
• Super Special Coffee at the Bar – East Pole will be highlighting its Super Special series all weekend long. Super Special Coffee: Finca Monteblanco Pink Bourbon Washed will be on drip and the Monteblanco Natural will be on espresso.
• Free Coffee with Purchase – East Pole’s retail space will be stocked with the latest rotation of its freshly roasted coffee, and guests can enjoy a free drip coffee with every purchase of a retail bag throughout the anniversary weekend.
• Five Daughters Bakery Doughnuts – Beginning Saturday, September 14, the coffee bar will begin offering a selection of doughnuts––including a custom Orange Glaze flavor available only at East Pole––from Five Daughters Bakery, the family-owned bakery and shop serving made-from-scratch doughnuts, pastries and treats, every Saturday and Sunday.

Since it was founded in 2015, Georgia-based East Pole has made it their mission to “serve Atlanta well” and is committed to making specialty coffee more approachable for everyone. Recognizing that learning how to brew coffee is equally as important as the coffee itself, East Pole’s team provides guided training for staff members at restaurants and shops serving its beans, as well as free cupping classes to the public every Saturday and recurring ‘Sunday School’ classes, which cover various brewing methods for the at-home barista in training or anyone seeking to brush up on their coffee-making skills.

“We’ve been so fortunate to share our coffee with Atlanta over the past several years,” said co-founder Jules Tompkins. “Since opening our Armour Yards coffee bar and roastery two years ago, it has been a privilege to share so many cups of coffee with so many different people.

“We love what we do –– introducing people to dynamic coffees at our coffee bar, sharing our newest coffees with our Scuba Club and Yacht Club subscribers and training our wholesale partners’ staffs to prepare excellent coffee beverages. We’re honored to be a part of the continued escalation of the coffee craft in Atlanta, and we’re excited to celebrate how wonderful the last two years have been while at Armour Yards.”

About East Pole Coffee Co.

Based in Atlanta, Georgia, East Pole Coffee Co. is a wholesale coffee roaster offering a selection of single-origin coffee, and in 2017, it opened a brick-and-mortar coffee shop and roastery at Armour Yards. East Pole coffee is available wholesale and for nationwide delivery through online ordering, including subscription plans. Its team also leads wholesale trainings and other coffee education classes.

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In contrast to traditional coffee roasters, which are expensive and difficult to permit and install, often requiring natural gas lines and complicated venting systems, Bellwether’s electric roaster is simple to operate and can be placed in any location, providing the immediate benefits of freshly roasted coffee at a lower cost.

The internet-connected Bellwether Roaster enables customers to use award-winning roast profiles (or create their own) exactly as intended, no matter the operator, location or environment. Additionally, the platform provides access to a curated marketplace of green coffee from farms around the world, inventory management tools, and data analytics from its connected software.

Since officially launching its electric roaster domestically last year, Bellwether Coffee has seen significant demand from coffee retailers, cafes, local grocers and national chains, and on average is installing a roaster per day across the US.

“We are thrilled to be working closely with DBL, Lyndon and Peter Rive to help accelerate our already rapid growth,” said Bellwether’s CEO, Nathan Gilliland. “We expect in-store roasting at cafes and grocery locations to become the rule, not the exception. We are proud that the Bellwether Roaster has become the most consistent and controllable commercial coffee roaster available.”

In addition to meeting global demand for its roaster, Bellwether is also concentrating its efforts on two main areas of social impact: increasing incomes for coffee farmers and eliminating roast processes that are harmful to the planet.

Coffee has long been tied to having an outsized carbon footprint. The electric Bellwether Roaster reduces greenhouse gas emissions by 90% versus traditional gas-powered alternatives. Instead of green, unroasted coffee being shipped to centralised coffee roasting facilities and then shipped to retailers, Bellwether enables its customers to roast on-site—no gas lines or ventilation required. The result is a fresher, higher-value coffee product for customers, increased profit for coffee retailers, a reduced impact on the planet, and more money going to those at the beginning of the coffee supply chain—farmers.

“DBL is pleased to work with Bellwether Coffee to accelerate the reduction of coffee’s carbon footprint and drive positive social impact across the supply chain, all while offering consumers a higher quality coffee experience,” said Nancy Pfund, founder and managing partner of DBL Partners.

“Whether it is cars or coffee, the move to electricity away from fossil fuels whets consumers’ appetite for a planet-friendly, premium product, creating large, high-growth markets in the process.” It was also announced today that Nancy Pfund will join Bellwether’s board of directors.

“Bellwether completely changes how coffee is roasted and distributed,” said Lyndon Rive, who will also join Bellwether’s board of directors. “We are thrilled to co-lead this round to help Bellwether’s outstanding team meet its rapid growth in global demand.”

The Series B round was led by DBL Partners and brothers Lyndon and Peter Rive. Additional participating investors include FusionX, Congruent Ventures, Coffee Bell, Tandem Capital, Spindrift Equities, XN Ventures, Balius Partners and Hardware Club.

The Bellwether Roaster is available to business owners through lease and purchase options. For more information, please visit: www.bellwethercoffee.com.

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For the first time, Community Coffee’s American Classic blend is now available in a new 37 oz. canister option on Walmart.com and will launch nationwide in 3,100 Walmart Supercenter stores this September.

“There is no coffee like a cup of Community coffee. You can taste the difference, and when people try our coffee they make the switch. It’s why so many coffee lovers prefer us as their brand of choice, making us one of the fastest-growing retail coffee brand in America,” said Leah Herrington, senior vice president of marketing.

“To debut our nationwide rollout in Walmart, we’ve taken what we’ve learned about the American coffee drinker taste profile for 100 years and created the perfect premium blend for audiences across the country. This medium roast blend is well-rounded with a smooth finish ideal for any part of your day. It’s sure to be a new household classic. That’s why we named it ‘American Classic’.”

For more information, please visit CommunityCoffee.com.

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Founded by business partners Alex Burbo and Rosie Quasarano, Littlefoot’s new facility will be located at 3047 Broadway Ave. SW.

“It was always our goal to start a roasting operation in our home state of Michigan so we can be close to family,” Quasarano said. “We spent the last year touring locations throughout Michigan and felt a big pull to Grand Rapids. It’s home to people who love and support small business, and we’re thrilled to join the amazing food and beverage community that’s here. Colliers was very helpful in showing us warehouses in the area that would work for our operation.”

Littlefoot is a coffee roaster that serves café and wholesale partners throughout the Great Lakes region and beyond. It focuses on sourcing single farm coffees ensuring a diverse and well-crafted lineup.

Coffee can be purchased at Littlefoot Coffee Roasters’ location in Grandville, through one of its café partners, such as Harrison’s Café & Clubhouse, or online. It also offers a coffee subscription plan. In the future, Littlefoot plans to host coffee education courses, tastings, tours, and eventually open a coffee shop.

“We are a small but mighty operation and we are thrilled to be roasting coffee in West Michigan,” Burbo said. “We started our coffee roasting journey in Chicago with the help of our friends at Metric Coffee. There we developed our signature roasts and flavor profiles. We look forward to fueling the people who make Michigan a great place to live with Littlefoot Coffee.”

Littlefoot Coffee Roasters offers opportunities for wholesale partnerships and coffee education. Learn more at littlefootcoffee.com.

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The parties signed an agreement on 11 July, effecting the transfer of the entire packaging technology business and its 6,100 associates in 15 countries. The purchase price and other details of the purchase agreement have not been disclosed.

Dr Stefan König, president of Robert Bosch Packaging Technology GmbH, said: “My colleagues and I in executive management regard this new partnership with CVC as a huge opportunity for our future success. Just under two years ago, we completely modified our strategy. It now includes working on a completely new range of smart and sustainable process and packaging technologies. This will allow us to offer our customers even more attractive product solutions and services in the future.” 

Dr Stefan Hartung, member of the board of management of Robert Bosch GmbH and chairman of the supervisory board Robert Bosch Packaging Technology GmbH, said: “With its experience in growing companies over the long term, its broad industrial expertise, and its viable strategy for taking the division forward, CVC was the right choice for us. For Packaging Technology and all its associates, our aim was to find a reliable new owner with a long-term approach, under whose leadership the business can develop successfully. We have achieved just that.”

Bosch announced a year ago that it was looking for a buyer for its packaging technology business. The company is giving increasing attention to mobility and connectivity over the Internet of Things. It is focusing its existing resources on areas of future importance, such as shaping the transformation process and preparing for further digitalization. Bosch firmly believes that the Packaging Technology division’s competitiveness, and thus also its future viability, can be further enhanced through this new partnership, and that significant stimuli for growth can be created.

Dr Alexander Dibelius, managing partner of CVC, said: “Bosch Packaging Technology is a strong company in an attractive market with long-term growth prospects. [It] has an excellent reputation for quality and innovation, a broad product range, a global footprint, and experienced associates. Together with the management team, we will work to take the business forward in the years ahead, and to make it even more competitive.”

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Founded by Robert Bosch in Stuttgart, Germany in 1886, the Bosch Group is a global supplier of technology and services. The company generated sales of €78.5 billion (USD$88.3bn) in 2018. For more information, visit: www.bosch.com, www.iot.bosch.com or www.bosch-press.com.

CVC is a private equity and investment advisory firm. Founded in 1981, CVC today has a network of 24 offices and over 500 employees throughout Europe, Asia and the US. To date, CVC has secured commitments of over USD$123 billion from some of the world’s leading institutional investors across its private equity and credit strategies. For further information about CVC please visit: www.cvc.com.

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“We are very excited to grow the Tims brand in Thailand as part of our broader global growth strategy,” said Tim Hortons president Alex Macedo. “Thailand has a thriving coffee market and our partner has a deep understanding of the Thai market, which we believe will position us well for success in the country.”

Tim Hortons is looking to replicate its recent successes in other international markets by featuring a strong core hot and cold beverage platform, a localised food menu and prominent Canadian branding in the restaurant design to celebrate the brand’s Canadian heritage.

“We are proud to partner with Tim Hortons to launch and develop this great brand in Thailand. We look forward to opening the doors of our first Tim Hortons restaurant and sharing Canada’s favorite coffee with our guests,” said Nick Wattanavekin, CEO of WeEat Company.

Tim Hortons has more than 4,800 system wide restaurants located in Canada, the United States and around the world.

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With immediate effect, Dr. Marcel Lehmann will lead the group as chief executive officer. He joined Hemro Group two years ago and his most recent role was speaker of the management board. In his new role as CEO, he will be supported by a strong and partly new management board that brings together a variety of profound expertise in all fields.

The group’s new CFO will be Stefan Mühlemann, an international manager with long experience in large and medium-sized companies. The new chief sales officer will be Ziya Boro, so far responsible for the successful development of Asia-Pacific sales region. He comes with proven sales expertise and a deep understanding of the market. Gilbert Zünd has been appointed as chief operating officer, who was previously managing director of operations in the previous management structure.

Hemro Group has experienced significant growth in recent years. Lehmann is pleased with the progress of the company: “We are thrilled to accelerate the strategic realignment of the company and shape the industry with new products and innovative solutions. We are a strong and ambitious management team eager to make the next steps and achieve the strategic targets of Hemro Group. Besides the development of our brand-new product portfolio, the adjusted management structure is another important milestone pushing Hemro Group to the next level.”

Hemro Group is a manufacturer in the field of coffee grinding solutions. With its four global brands, Mahlkönig, Ditting, Anfim and HeyCafé, Hemro Group offers professional shop, filter and espresso grinders as well as component solutions such as grinding discs and built-in grinders for the key players in the fully-automated coffee machine market.

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The Order was established in 1967 as a fellowship that recognizes outstanding achievement, dedication to the community and service to the nation. Membership is awarded to those who exemplify the order’s Latin motto, “desiderantes meliorem patriam,” which means “they desire a better country.” In the past 50 years, only 7,000 people have been invested into the Order.

In announcing the Higgins brothers’ appointment to the Order, Governor General Julie Payette’s office stated: “Michael and Paul Higgins are renowned leaders and innovators in the food industry. Third generation co-chairmen of Mother Parkers Tea & Coffee, the brothers have expanded the business nine fold, distributing their products to every major retail grocery chain in North America. Respectful of the impacts of the industry on the environment, they launched a non-profit program, “Water Wise Coffee”. Discreet philanthropists, they have supported various community and national initiatives, both personally and through their company, for several decades.”

In learning of their appointment to the Order of Canada, Paul Higgins Jr. said: “I am shocked, thrilled, humbled and overwhelmed to be recognized by our great country and to join the ranks of a group of truly great contributors to Canada.”

Michael Higgins added: “This is an amazing honour to be given the Order of Canada and it is humbling to receive one of the highest awards in this great country that we love so much.”

Mother Parkers is a Canadian family-owned company and one of North America’s largest manufacturers and distributors of coffee and tea products. Paul and Michael Higgins are the third generation of the Higgins family to lead the business, which has grown from a small wholesale grocery distributor in Toronto in 1912 to a global industry leader that employees over 1,000 people in North America and supplies some of the world’s largest retailers, restaurants and brand owners. The brothers took over from their father as co-CEOs in 1993 and steered the business through periods of phenomenal growth, innovation and transformation. Earlier this year, they transitioned to the roles of co-chairmen of the Mother Parkers board of directors.

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“We are celebrating our 15th year in business thanks to the dedication of our employees and the loyalty of our customers and business partners. This is an exciting new chapter opening up in our entrepreneurial journey as Claridge’s involvement will help propel our company into our next growth phase,” said Vince Piccolo, CEO of 49th and Michael Piccolo, head roaster of 49th. “This strategic partnership will enable us to stay true to our roots while delivering exceptional coffee and a great experience across all touch points to our customers.”

“Claridge was attracted by the brand’s great foundation and history. I truly enjoy partnering with passionate entrepreneurs animated by a deep sense of purpose, who create high quality products generating a warm feeling. The combination of the founders’ entrepreneurial spirit, the expertise and devotion of its employees along with Claridge’s strong strategic and operational support is promising for the future of the company,” said Stephen Bronfman, executive chairman of Claridge.

“At Claridge, we source inspiration from similar shifts observed in craft beer and spirits to establish a national specialty coffee leader. Canadians rank among the biggest coffee drinkers in the world and are thirsty for an elevated experience. 49th is the flag bearer of this movement in Canada. Despite an influx of investments in the sector, we believe the cream will ultimately rise to the top,” said Pierre Boivin, president and CEO of Claridge.

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49th Parallel Roasters Inc. was founded in Vancouver by brothers Vince and Michael Piccolo in 2004. The family-owned company is vertically integrated to provide a consistent, outstanding product and a memorable experience. Green coffee beans, curated among the finest origins around the world, are sustainably-sourced directly from farmers and meticulously roasted in small batches in Vancouver by the company’s expert roasters to ensure maximum freshness. The combination of relationships carefully cultivated and processes continuously refined over years appear in its superlative specialty grade quality coffee products, yet remain accessible everyday luxuries. For more information about 49th, to inquire about its wholesale program or to make a purchase directly from the roaster, visit: www.49thcoffee.com.

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The company will open in a 1,997 sq ft unit located on the first floor of St. Enoch Centre as part of ambitious plans for the Australian coffee house which reportedly intends to open a further 13 other locations in the UK over the next two years.

The Retail Food Group-owned chain, has more than 1,000 coffee houses across 39 countries worldwide including over 460 in Australia.

Nicholas Brill, director of international for Gloria Jean’s Coffees, said: “Gloria Jean’s Coffees is very excited to be entering the UK market, and we’re looking forward to seeing two stores open, one in Scotland and another in London, which will be open to the public within the first half of 2019.

“The stores will feature the new logo, retail design, a fresh menu and our customer service will reflect the values of the Good Cup coffee philosophy. Good Cup ensures that we deliver speed, quality and consistency of product with every coffee and that’s something our team is committed to every day.”

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The company’s total revenue for its 13-week fiscal first quarter ending December 30, 2018, was $.6.63bn, up from the predicted $6.49bn. Earnings per share was $0.61, a decrease from $0.65 in 2018. Net income fell from $2.25 billion to $760.6 million.

Kevin Johnson, Starbucks president and ceo said: “Starbucks delivered solid operating results in the first quarter, demonstrating continued momentum in our business, as we drive our growth-at-scale agenda with focus and discipline. We are particularly pleased with the sequential improvement in quarterly comparable store transactions in the US, underpinned by our digital initiatives and improved execution of our in-store experience. With this solid start to the fiscal year, we are on track to deliver on our full-year commitments.”

“Comprehensive efforts to streamline our business have allowed us to focus on three key strategic initiatives that position Starbucks for long-term success: accelerating growth in our targeted markets of the US and China, expanding the global reach of the Starbucks brand through our Global Coffee Alliance with Nestlé, and increasing shareholder returns. Combined with our efforts to build and amplify the Starbucks brand, we expect these initiatives will position the company to drive predictable, sustainable growth and shareholder returns for years to come,” concluded Johnson.

Looking to Q2, revenue is expected to increase again following Starbucks’ new partnership with delivery service, Uber Eats. Starbucks Delivers currently operates in Miami and San Diego, soon rolling out to Boston, Chicago, Los Angeles, New York and Washington, DC. Later in the year, the company hopes to expand Starbucks Delivers to the UK, beginning with London.

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