Financial Results
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).
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.
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.
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.
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.