Streetbeat News

REBN

Reborn Coffee, Inc.

https://reborncoffee.com

Industry

Restaurants

Reborn Coffee, Inc. operates and franchises retail locations and kiosks that focus on serving specialty-roasted coffee in California. The company purchases, roasts, and sells coffee, tea and other beverages, and various food items. As of September 30, 2021, it operated 7 retail locations. Reborn Coffee, Inc. was founded in 2014 and is based in Brea, California.

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Reborn Coffee (NASDAQ:REBN) reported a Q2 EPS of $(0.48), an improvement from $(0.78) YoY, but sales decreased to $1.37M from $1.52M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:00 pm

Reborn Coffee reported a Q2 EPS of $(1.05), an improvement from $(1.37) year-over-year, while revenue decreased to $1.4M from $1.5M.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:36 pm

Reborn Coffee shares have resumed trading after a temporary halt. This development is significant for investors as it may impact the stock's short-term price movement.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:48 pm

Reborn Coffee shares have been halted to the upside, with the stock now up 73.57%.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:39 pm

Reborn Coffee Inc (NASDAQ:REBN) shares surged by 40% to $3.90 after announcing a Master License Agreement with Shenyang Yongsheng Seven Stars Tourism Development Co. to expand into China. The partnership will establish Reborn Coffee's presence in Shenyang, the capital of Liaoning Province, and aims for further expansion across the province.

Portfolio Pulse from Henry Khederian

August 14, 2024 | 1:34 pm

Reborn Coffee, Inc. (NASDAQ:REBN) has announced a Master License Agreement with Shenyang Yongsheng Seven Stars Tourism Development Co. to expand into the China market, specifically in Liaoning Province. This partnership will establish Reborn Coffee's locations in Shenyang, a city with over 43 million residents.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:42 pm

Shares of companies within the broader consumer staples sector are trading lower amid overall market weakness following weak US data. Soft guidance from Amazon may be negatively impacting the sector.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:37 pm

Reborn Coffee has announced a strategic partnership with China's Penglai Data Store to launch Reborn China. The collaboration will integrate advanced AI technology in coffee franchises, with plans to introduce these AI features in the U.S. upon full integration.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:36 pm

Reborn Coffee (NASDAQ:REBN) reported a quarterly loss of $(0.60) per share, a 6.25% improvement from $(0.64) per share last year. Sales increased by 35.29% to $1.52 million from $1.12 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:37 pm

Reborn Coffee has signed a Memorandum of Understanding (MOU) to acquire the iconic Korean brand Bbang Ssaem Bakery. This strategic move aims to expand Reborn Coffee's footprint into the coffee and bakery sector, enhancing its offerings and solidifying its position as a premier coffee and bakery franchise in both the U.S. and South Korea.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:32 pm

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