Thursday 02 May 2024
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earnings

Market & Trade

Vietnam’s export earnings up 8 percent on year despite lower volumes

Desk3 -
HANOI, Vietnam – Coffee exports from Vietnam totalled 974,712 in the period from January 1st to August 15th this year, report Vietnam’s Customs. This...
Coffee

Smucker’s misses earnings as lower coffee sales weigh on business

Desk3 -
MILAN – Shares of J.M. Smucker's fell as much as 7.6 percent in morning trade on Thursday after weaker-than-expected earnings for the first quarter...
Companies

De’Longhi reports consolidated results of the first six months of 2017

Desk3 -
TREVISO – The Board of Directors has approved on July 28, 2017, the consolidated results of the first six months of 2017. Revenues were up to € 827.6 million, growing by 7.2% vs. the first half of 2016 or by +5.4% organic. Net Industrial Margin was growing by +3.8% to € 396.3 million.
Companies

Nestle H1 sales growth flattens, Nespresso still a key growth driver

Desk3 -
MILAN – Swiss food group Nestle reported slightly better than expected earnings for the first half of 2017, but failed to deliver an expected rebound in sales growth. The Vevey-based group said on Thursday net profit rose 19 percent to 4.9 billion Swiss francs in the first six months of the year ...
Companies

McDonald’s beats on earnings after slashing prices on soda and coffee

Desk3 -
NEW YORK – McDonald’s has reported its best showing for global comparable sales in five years, sending its shares to a record intraday high on Tuesday. Investors were impressed with the company's progress ramping up mobile order and mobile pay at more restaurants, and with its expansion ...
Institutions

Kenyan government to gazette new regulations to boost coffee earnings

Desk3 -
NAIROBI, Kenya – Kenya plans to gazette coffee regulations next month that will help to boost earnings from the sector. Cabinet Secretary in the Ministry...
Companies

Starbucks hits Wall Street’s target, but misses revenue expectations in first-quarter

Desk3 -
SEATTLE, U.S. – Starbucks earnings hit Wall Street's target in the latest quarter, but shares fell 3.5 percent in aftermarket trading on Thursday. The coffee...
Market & Trade

Cargill reports fiscal 2017 second-quarter results

Desk3 -
MINNEAPOLIS, U.S. – Cargill today reported on January 20, 2017 financial results for the fiscal 2017 second quarter and first half ended Nov. 30,...
Market & Trade

Brazil’s exports to reach 34 million bags in 2016, says CECAFÉ

Desk3 -
Brazil exported 3,071,554 60-kg bags of coffee in all forms in November down 12.2% on year, according to the Brazilian Coffee Exporters Council, or...
Institutions

Kenya launches new measures to revamp the coffee sector

Desk3 -
NAIROBI, Kenya - The Kenyan Ministry of Agriculture on Monday launched far-reaching measures to revive the coffee sector that had previously experienced a slump...
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