Tea, Coffee & Cocoa – Financials & Economy
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Illycaffè reports 19% revenue growth in H1 2026
Illycaffè posted strong first-half growth, supported by rising sales volumes, expanding production capacity and continued momentum across key international markets.
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Luckin Coffee Q2 revenue jumps 28.5% as global store network surpasses 36,000 locations
Luckin Coffee continued its rapid global expansion during the second quarter, adding more than 2,700 new stores across China, Southeast Asia and the United States.
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Hershey reports 6.6% rise in Q2 sales as Reese’s and Dot’s Pretzels drive growth
Hershey’s profits soar in Q2 on higher prices and strong Reese’s demand, prompting raised fiscal 2026 earnings guidance despite cautious consumer spending.
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Costa Coffee India store count falls for first time in five years
Costa Coffee closes 22 outlets in India during FY26, its first network contraction in five years, as Devyani International prioritizes disciplined growth over expansion.
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Starbucks raises annual sales and profit forecasts as turnaround gains momentum
Starbucks lifts annual sales and profit guidance for the second time as CEO Brian Niccol’s turnaround drives a fourth straight quarter of comparable sales growth.