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earnings

Ethiopia earned $525.6 million from coffee and tea exports in 5 months

ADDIS ABABA, Ethiopia — The Ethiopian Coffee and Tea Authority announced $525.6 million has been obtained in five months from the export of coffee,...

Coca–Cola: sales slump 28% in 2Q, tea and coffee hit (-31%) by closure of Costa stores

MILAN – Coca-Cola posted stronger-than-expected second quarter earnings Tuesday, but saw a steep decline in group revenues amid a sharp drop in restaurant and...

Kraft Heinz reports sales down 4.8% to $6.1b, increased earnings in 3Q

PITTSBURGH & CHICAGO, U.S. – The Kraft Heinz Company yesterday reported third quarter 2019 financial results that reflected a one-time gain on the sale...

Starbucks reports strong quarterly earnings (+26%), raises full-year outlook

SEATTLE, U.S. – Starbucks Corporation yesterday reported financial results for its 13-week fiscal third quarter ended June 30, 2019. GAAP results in fiscal 2019...

Uncertain global business environment slows Cargill ‘s earnings in 4Q 2019

MINNEAPOLIS, U.S. – Cargill yesterday reported results for the fiscal 2019 fourth quarter and full year ended May 31, 2019: adjusted operating earnings were...

JM Smucker reports US Retail Coffee sales up 4% to US$526.3 mln, profit up 10% in Q4

ORRVILLE, Ohio, U.S. – The J. M. Smucker Company announced Thursday results for the fourth quarter ended April 30, 2019, of its 2019 fiscal...

Vietnam’s coffee exports down 16.7% on year, domestic prices at 6-year lows

MILAN – Vietnam exported 143,296 tonnes of coffee in April, down 16.7 per cent from March. April's actual coffee exports were higher than the...

Starbucks reports strong 2Q with comparable store sales up 3 percent globally

MILAN – Starbucks posted strong results with better than expected quarterly same-store sales in the second quarter and raised its full-year profit forecast on...

Strauss Group reports surge in profits, record figures for its coffee business in Brazil

MILAN – Israeli food producer Strauss Group reported a 13.6 percent rise in fourth-quarter net profit, boosted by growth in its home market and in its international dips and spreads business.

Vietnam’s coffee exports seen down almost 20 percent in Jan-Feb period

HANOI, Vietnam — Vietnam’s coffee exports are seen down almost 20% during the first two months of calendar year 2019. According to the country’s...

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