Peets Coffee and Tea News

Baridi blends together Peet's selected premium East African coffees to provide coffee enthusiasts with a refreshing yet bold beverage.

A new paper published in the New England Journal of Medicine , might be a boon to coffee purveyors Starbucks , Green Mountain Coffee Roasters and Peet's Coffee & Tea , and others, as the report suggested that coffee drinkers without pre-existing medical conditions live longer than non-drinkers. The paper also concluded that over 10 years, coffee ... (more)

Coffee sellers such as Starbucks , Green Mountain Coffee Roasters and Peet's Coffee & Tea may try to get some mileage out of a new paper published in the New England Journal of Medicine finding coffee drinkers without pre-existing medical conditions live longer than non-drinkers of the beverage.

The Sierra Club invites local residents to join twice-weekly brisk morning walks, beginning at 7 a.m. Tuesdays and Thursdays at Peet's Coffee & Tea at The Marketplace, Sycamore Lane and Covell Boulevard in West Davis.

The buzz over the past few days has been the sharp decline of two popular stocks specializing in premium coffee and accessory products.

Shares of Oakland-based Clorox plunged 3.2 percent after it issued a forecast for 2013 profit that was below Wall Street's expectations.

Peet's Coffee & Tea Inc. said Tuesday that soaring coffee prices drove its first-quarter profit down nearly 39 percent ? and well below analysts' expectations ? and its shares tumbled after hours.

The company reported a positive Q1 2012 quarterly report on April 26th. Specifically, revenues were up 9.5% and operating income was up 19.8%. The company's same store sales also performed well with an increase of 7.2% in the U.S. Everyone cheered, the stock reached a 52-week high and we got stopped out of our trade at a minor 10% loss.

For the January-March quarter, Bio-Rad earned $31 million on revenue of $486.3 million.

Shares of the following companies may have unusual moves in U.S. trading tomorrow.

Peet's Coffee & Tea , hammered by the steep price of coffee beans, reported late Tuesday first-quarter profit dropped 38% to $3.4 million, or 25 cents a share.