Strong international sales boost Lavazza’s full-year revenues during ‘challenging’ 2022

The Italian espresso roaster’s 2022 revenues were being boosted by worldwide gross sales advancement and pricing restraint – but larger fees for eco-friendly coffee, packaging, freight together with a powerful greenback are likely to ‘significantly impact’ margins in the yr in advance Lavazza’s net earnings fell 9{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} to €95m ($104m), […]

Israel’s Strauss Group credits international coffee division for strong 2022 sales

Strauss Group’s espresso division contributed 51{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} of total revenues past calendar year, led by 43{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} product sales progress in Brazil and double-digit expansion in Eastern Europe Strauss Coffee distributes 16 packaged coffee brands, together with Elite Espresso (pictured) | Picture credit history: Strauss Coffee   Strauss Group has cited the […]

Coffee vending systems a key contributor to Azkoyen Group’s strong 2022 sales

The Spanish vending maker suggests ‘historic’ income for its espresso machine division in the United kingdom and US drove 23{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} group profits advancement last year Azkoyen Group’s headquarters in Navarre, Spain | Photo credit rating: Azkoyen Group   Azkoyen Team has credited its Coffee and Vending Units Division as driving its […]

Krispy Kreme achieves strongest sales growth for Americana Restaurants

The US donut and coffee chain produced $90m revenues for the Kuwaiti multi-manufacturer restaurant operator in 2022, but continues to be a somewhat minor contributor to Americana Restaurant’s powerful total-yr revenue Krispy Kreme accomplished 22{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} product sales advancement in 2022 to access $90m | Image credit score: Americana Eating places   Americana […]

JDE Peet’s posts strong 2022 sales, but price rises hinder CPG volumes in Europe

The Netherlands-based coffee group has reported strong revenue growth for 2022, driven by steady performances for its Peet’s Coffee and out-of-home businesses, but price rises for consumer packaged goods impacted sales volumes across key European markets JDE Peet’s achieved 16{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} growth to reach €8.2bn ($8.7bn) | Photo credit: Peet’s Coffee   JDE […]

As Tin Pot Creamery shutters scoop shops and pivots to grocery store sales, a popular Santa Cruz ice cream chain will open in place of the Palo Alto location | Peninsula Foodist | The Peninsula Foodist

Tin Pot Creamery now presents eight ice product flavors at grocery outlets. Courtesy Tin Pot Creamery. By Kate Bradshaw Tin Pot Creamery’s Peninsula scoop shops have closed subsequent operator Becky Sunseri’s bittersweet final decision to changeover the well known Peninsula ice product model to gross sales in grocery outlets, citing […]