Coffee Service News
Farmer Brothers improves Q3 2022 sales, earnings
May 9, 2022
Farmer Brothers lifted its sales for Q3 2022 over the prior year period and reduced its loss, according to an earnings report. Highlights include:
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US Starbucks earnings holding steady, international sales drop
May 3, 2022
Starbucks reported Tuesday that its U.S. same-store sales were up 12%, which beat Wall Street expectations of nearly 9%, but revenue and earnings per share…
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Rhode Island considers banning single-serve bottled water in state facilities
May 2, 2022
Lawmakers in Rhode Island are considering a bill to prohibit state entities from purchasing single-serving bottled water for use in state facilities, according…
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Vermont coffee roasters merge
May 2, 2022
Coffee roaster Illuminar Coffee recently acquired fellow Middlebury, Vermont roaster Bud's Beans for an undisclosed sum, according to a Seven Days report.
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Lavazza intros RTD cold brew cans
April 29, 2022
Lavazza has launched organic, ready-to-drink cans of cold brew coffee in four flavor profiles to the U.S., according to a press release.
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Groupe SEB lifts Q1 2022 sales
April 29, 2022
Groupe SEB, a France based multinational that owns Montebellow, California based Wilbur Curtis Co., posted a sales gain in Q1 2022 despite a challenging…
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Keurig Dr Pepper leads funding for Tractor Beverage
April 28, 2022
Keurig Dr Pepper has agreed to lead a $60 million funding round for Tractor Beverage Co., a certified organic, non-GMO beverage line for foodservice…
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Illycaffè introduces cold brew dispenser, RTD cold brew flavors
April 26, 2022
Illycaffè, a global provider of coffee and coffee brewers, introduced a cold brew dispenser system for the hospitality sector and two cold brew coffee…
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Tata Coffee profit falls on improved March sales
April 26, 2022
Tata Coffee, an India based multinational coffee provider, improved its net sales 11% from Rs. 591.23 crore in March 2021 to Rs 656.26 crore in March 2022…
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Westrock Coffee lab receives Coffee Quality Institute certification
April 20, 2022
Westrock Coffee Holdings LLC, a coffee provider to the retail, foodservice, convenience store, travel center and hospitality industries, announced the…
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Quench acquires Crescent Hills Water in Texas
April 19, 2022
Quench, a provider of filtered water solutions for businesses and dealer partners across North America, has acquired Crescent Hills Water Co., a provider of…
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Lavazza boosts 2021 results on COVID recovery
April 18, 2022
Lavazza, the Turin, Italy based coffee and coffee equipment manufacturer, boosted its sales and earnings in 2021 on account of the recovery from the…
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FloWater merges with Bluewater, creates global water purification player
April 15, 2022
Stockholm based Bluewater and Denver-based FloWater have combined their operations to provide water purification products, according to a press release.
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Luckin Coffee emerges from bankruptcy
April 11, 2022
Luckin Coffee Inc., a pioneer in coffee vending and a competitor to Starbucks in China, has emerged from bankruptcy proceedings, two years after an accounting…
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Keurig Dr Pepper names new CEO
April 8, 2022
Ozan Dokmecioglu, currently chief financial officer and president of international at Keurig Dr Pepper Inc., will assume the CEO position effective July 29…
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Food prices soar to record setting level worldwide
April 8, 2022
Russia's war on Ukraine is driving food prices to hit the highest ever levels, according to the U.N. and data from the Food and Agriculture Organization's…
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Westrock Coffee to go public
April 4, 2022
Westrock Coffee Holdings LLC plans to go public via a business combination with Riverview Acquisition Corp., which values the Company at approximately $1.08…
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NAMA show welcomes attendees to Chicago
April 4, 2022
The National Automatic Merchandising Association will hold its 2022 convention April 6-8 at McCormick Place in Chicago.
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Charlotte to test robotic coffee delivery to residents
April 4, 2022
The city of Charlotte has teamed with Tiny Mile, a Toronto based provider of remote controlled delivery robots, to test a robotic coffee delivery service for…
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Sodexo boosts HY 2022 sales, earnings despite COVID
April 1, 2022
Sodexo, the Paris-based global food and facilities services provider, reported a nearly 20% gain in first fiscal half 2022 revenue over the prior year despite…
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