coffee Archives - CFO

Luckin Coffee Crashes After Company Admits COO ‘Fabricated Transactions’

Risk & Compliance

Luckin Coffee Crashes After Company Admits COO ‘Fabricated Transactions’

Those involved in the scheme allegedly fabricated $310 million in total sales and inflated certain costs and expenses.

By Lauren Muskett | April 2, 2020

Luckin Coffee Set for IPO

Luckin Coffee Set for IPO

The Chinese challenger to Starbucks is going public soon after being in operation for only 19 months.

By Lauren Muskett | May 16, 2019

Starbucks Same-Store Sales Pick Up Steam

Financial Performance

Starbucks Same-Store Sales Pick Up Steam

The coffee chain posts a third straight quarter of accelerating sales growth, indicating its streamlining efforts are paying off.

By Matthew Heller | January 25, 2019

Starbucks CFO Stuns Wall Street With Retirement

Starbucks CFO Stuns Wall Street With Retirement

The coffee chain's shares dip more than 3% on news that Scott Maw is leaving after just four years as finance chief.

By Matthew Heller | June 28, 2018

Pret A Manger Sold to German Investment Fund

Mergers & Acquisitions

Pret A Manger Sold to German Investment Fund

The buyer of the sandwich shop chain, JAB Holdings, also owns stakes in Krispy Kreme, Peet's, Au Bon Pain, and Panera Bread.

By William Sprouse | May 29, 2018

Starbucks Sales Top $6B But Shares Drop 2%

Financial Performance

Starbucks Sales Top $6B But Shares Drop 2%

The coffee giant's U.S. store traffic was flat in the second quarter despite heavy Happy Hour discounting.

By Matthew Heller | April 26, 2018

Keurig Snaps up Dr Pepper Snapple for $18.9B

Keurig Snaps up Dr Pepper Snapple for $18.9B

The deal is the latest step by Keurig's investment fund parent to build a food and beverage force to rival Coke and Pepsi.

By Matthew Heller | January 29, 2018

Starbucks Misses Estimates With 2% Sales Rise

Financial Performance

Starbucks Misses Estimates With 2% Sales Rise

The coffee giant is being "squeezed by competitors ranging from boutique coffee sellers to lower-price rivals including McDonald's."

By Matthew Heller | November 3, 2017

Panera to Become Part of JAB’s Coffee Empire

Panera to Become Part of JAB’s Coffee Empire

With the $7.5 billion deal for Panera, the investment firm has now spent more than $40 billion on acquiring coffee and breakfast concepts.

By Matthew Heller | April 5, 2017

Starbucks to Hire 10,000 Refugees After Immigration Ban

Starbucks to Hire 10,000 Refugees After Immigration Ban

CEO Howard Schultz said the company will be “doubling down” on efforts to support refugees over the next five years.

By Sean Allocca | January 30, 2017

Coffee Giant to Acquire Krispy Kreme for $1.3B

Coffee Giant to Acquire Krispy Kreme for $1.3B

The investment arm of Germany's Reimann family adds doughnuts to a breakfast empire that also includes K-cup maker Keurig Green Mountain.

By Katie Kuehner-Hebert | May 9, 2016

Finance Roundup for Executives

Corporate Finance

Finance Roundup for Executives

Be informed, get involved, and share the world through finance. Read CFO.com's most recent headlines and standout stories.

By Kerry Maruna | March 31, 2016

Kenyan Coffee: A Bitter Harvest

Risk & Compliance

Kenyan Coffee: A Bitter Harvest

A cautionary tale about an overregulated industry.

By Economist Staff | March 30, 2016