Reborn Coffee (NASDAQ:REBN) reported quarterly losses of $(0.60) per share. This is a 6.25 percent increase over losses of $(0.64) per share from the same period last year. The company reported $1.52 million in sales this quarter. This is a 35.29 percent increase over sales of $1.12 million the same period last year.
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BREA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ:REBN), a leader in the specialty coffee industry, has reported its financial and operational results for the third quarter ended September 30, 2024. Key Financial and Operational Highlights Despite higher food costs, in the nine months ending September 30, 2024, revenue was steady at $4.1 million as compared to the same period revenue in 2023.Company-operated store gross margins for nine months ended September 30, 2024, increased to 72% compared to 68% for the same period in 2023.Ended Q3'24 with 12 open locations, with 1 location in development.Q3'24 wholesale and online sales grew 432% to $140,407 fr
Reborn Coffee Expands its Presence in South Korea Through an 8,000 Store Bakery Distribution Partnership, Emphasizing Quality and Preservative-free Offerings BREA, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ:REBN), a premier specialty coffee retailer, today announced a landmark distribution agreement through majority-owned its South Korean subsidiary, Bbang Ssaem Bakery F&B. This strategic partnership will bring Reborn's preservative-free, signature baked goods to approximately 8,000 stores of a major coffee chain across South Korea, significantly enhancing the company's revenue and solidifying its position in the country's dynamic coffee and bakery market.
Reborn Coffee's new cold brew Fruit Infused, including the Miami Passion blend, are set to expand nationwide, capturing U.S. demand for premium ready-to-drink options as the brand builds on its success BREA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ:REBN), a leader in the specialty coffee industry, today announced the upcoming nationwide distribution of its award-winning Cold Brew line, building on the momentum from its recent Miami Passion event with Hagerty Garage + Social during the Austin F1 Race. This launch features Miami Passion, a limited-edition Cold Brew blend, which combines Reborn's signature coffee with tropical Passion Fruit, capturing the vibrant
3 - Reborn Coffee, Inc. (0001707910) (Issuer)
Reborn Coffee (NASDAQ:REBN) reported quarterly losses of $(0.60) per share. This is a 6.25 percent increase over losses of $(0.64) per share from the same period last year. The company reported $1.52 million in sales this quarter. This is a 35.29 percent increase over sales of $1.12 million the same period last year.
Reborn Coffee Inc. (NASDAQ:REBN), ("Reborn", or the "Company"), a specialty coffee retailer based in California, announced today a master licensing deal that will facilitate Reborn Coffee's dynamic entry into the vibrant UAE market, with its first flagship location set to open in Dubai, UAE. This partnership between Reborn Coffee and Reborn UAE, led by CEO Mahmood Arjomand, marks a significant step in expanding Reborn Coffee's footprint beyond its current boundaries. Under this licensing agreement, Reborn Coffee Licensor and Reborn UAE Licensee will collaborate to establish Reborn Coffee outlets, a distribution center for the Middle East, and roasting and warehouse facilities. The aim is to
10-Q - Reborn Coffee, Inc. (0001707910) (Filer)
NT 10-Q - Reborn Coffee, Inc. (0001707910) (Filer)
S-1 - Reborn Coffee, Inc. (0001707910) (Filer)
BREA, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ:REBN), ("Reborn", or the "Company"), a specialty coffee retailer based in California, announced today a master licensing deal that will facilitate Reborn Coffee's dynamic entry into the vibrant UAE market, with its first flagship location set to open in Dubai, UAE. This partnership between Reborn Coffee and Reborn UAE, led by CEO Mahmood Arjomand, marks a significant step in expanding Reborn Coffee's footprint beyond its current boundaries. Under this licensing agreement, Reborn Coffee Licensor and Reborn UAE Licensee will collaborate to establish Reborn Coffee outlets, a distribution center for the Middle East, an
BREA, Calif., June 26, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee Inc. (NASDAQ:REBN), ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced that it has received a notice of delisting from Nasdaq. On June 21, 2024, Reborn Coffee (the "Company") received a staff determination letter (the "Letter") from the Nasdaq Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that because it has not yet filed its Form 10-Q for the fiscal year ended March 31, 2024 (the "Filing"), it has failed to comply with the filing requirement set forth in Listing Rule 5250(c.)(1). As previously announced on May 15, 2024, th
BREA, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ:REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced that it has signed a Letter of Intent (LOI) to acquire a 55% majority stake in Derin Lezzetler, a leading artisan snack and frozen bakery producer based in Istanbul, Turkey. This strategic move marks a significant milestone in Reborn Coffee's expansion into the health-conscious food market and its plans to further penetrate the US, Europe, Middle East, and Asia Pacific regions. Derin Lezzetler has been at the forefront of producing high-quality gluten-free and artisan snacks since its establishment in 2015. The comp