Coffee quality praised Cosco sales growth is difficult to match sterling decline import costs are expected to rise
FX168 Financial News (Hong Kong)-Whitbread, the owner of Costa, reported higher profits on Tuesday, and coffee connoisseurs appreciated its more refined caffeine preparation and brewing. But Whitbread fell sharply on the day amid expectations that the depreciation of sterling had pushed up the cost of restocking.
In the 26 weeks before September, similar sales in stores open for more than a year rose 2.3 per cent, total sales rose 10.7 per cent, and pre-tax profits climbed 4.3 per cent to £65.5 million.
Kashijia opened its first "fine coffee" concept store in London's Covent Garden (Covent Garden) in June, selling hand-ground coffee and a range of high-quality drinks. Earlier this month, a second such store opened in Wandsworth, south-west London.
In addition, Kashijia also said it has made significant progress in its "fast-selling" service for motorists and other time-strapped customers.
Over the same period, similar sales of Whitbread, the parent company of FTSE 100 shares, rose 1.9 per cent, pre-tax profit rose 3.4 per cent to £263.6 million and total revenue rose 8.1 per cent to £1.56 billion.
Premier Inn, the company's hotel chain, was not so lucky, with average room revenue falling 0.2 per cent over the same period and rising 1.7 per cent in the first half. According to Premier Inn, this is mainly due to the addition of new rooms-a total of 1171 new rooms were built during the period.
Whitbread said it would closely monitor "the impact of Brexit on the broader macro economy, including exchange rate and interest rate fluctuations".
Alison Brittain, chief executive, said the group was expected to meet its full-year target despite "an uncertain outlook for the UK economy".
However, she also points out that the company pays for the coffee beans in dollars, so the fall in sterling means that the cost of restocking will rise when the current contract ends. But she said she was unwilling to pull up the lever of price increase first.
- Prev
Local brands challenge Starbucks in the world's fastest growing coffee market
The rapid development of Delphi Coffee benefits from the rapid growth of Chinese coffee market. And the taste of the Chinese middle class is affecting the most nervous nerves of global coffee brands and producing countries. At the closing ceremony of the Qingdao International Coffee Exhibition on September 26, the latest research report released by the Colombian Coffee working Association shows that China has become the fastest growing market in the global coffee market for several years in a row.
- Next
"the unfinished Golden Milan Coffee time" starts broadcasting and conveys coffee culture by voice.
The first issue of "Golden Milan Coffee time": Brazilian Coffee Click Audio to listen to Coffee beans live in the gentle hometown of Brazil [Audio text and extended Reading] narrator: Zhu Xuesong, founder of Golden Milan Coffee, before talking about Brazilian coffee, I want to talk about the impact of crops on the pattern of a country. Take China as an example. We may already be a large country with a population of 1.5 billion. however
Related
- The more you look at it, the weirder it becomes?! Lucky linkage cup print three-eyed Tom Cat!
- Self-delivery modification was rejected! Customers come to the door and throw coffee angrily?!
- What degree of grind should I use to make coffee by hand? How fine should the coffee powder be ground with cold ice drops? What is the No. 20 screen? How fine are the grains of fine sugar? What is the appropriate grind for the espresso?
- Why is coffee bean watches always oily? Are the oil out of the coffee beans stale? Are oily coffee beans of higher quality? What is the difference between deep and light coffee?
- How long is the taste period for coffee? How long is the best time to finish your coffee? How long can coffee stay in a thermos cup? What is the best degree of hand-brewed coffee?
- Pour out all the raw materials! Many Lucky products are off the market!
- "Haidilao in the milk tea industry" Kawangka quietly increases its prices again! Netizen: No more drinking!
- Ask for 20,000 yuan! Coffee shop managers trick employees into fake marriages?!
- Milk tea takeout "strong" with 10 packs of tissue?! User: No collection or delivery
- Which is sour, deep-roasted or lightly roasted coffee? Do people who know coffee want light or deep roast? What is the difference in the degree of roasting coffee? What is the difference between lightly roasted coffee and deeply roasted coffee?