logo
Mazda Canada and the Coffee Association of Canada are encouraging Canadians to embark in local 'coffee tourism'

Mazda Canada and the Coffee Association of Canada are encouraging Canadians to embark in local 'coffee tourism'

Mazda Coffee Tour encourages Canadians to connect through coffee, culture, and the open road
TORONTO, May 23, 2025 Today, Mazda Canada unveiled its official Mazda Coffee Tour in partnership with the Coffee Association of Canada, inviting Canadians to explore their country through the lens of coffee, culture, and road trip adventures.
Inspired by the family-friendly spaciousness and hybrid innovation of the Mazda CX-90 and CX-70, this tour encourages Canadians to embrace the open road and discover hidden gems in their own backyard—powered by vehicles designed for connection, comfort, and sustainability.
The first-ever Mazda Coffee Tour features two carefully curated routes across Toronto, highlighting eight unique cafés that reflect the city's rich and multicultural coffee scene. From cozy local roasteries to best-kept secrets, each stop offers a taste of the communities and cultures that shape Canada's diverse coffee landscape.
Rooted in Mazda's Move and Be Moved campaign, where meaningful moments are found in every journey, the Mazda Coffee Tour celebrates the joy of discovery through a rising trend: coffee tourism.
What is Coffee Tourism?
Coffee tourism is a travel experience centered around discovering and enjoying local coffee culture. It invites travellers to go beyond their usual morning fuel by exploring how different communities source, roast, brew, and enjoy coffee — all while supporting local businesses and connecting with people along the way.
'We're excited to introduce a new way for Canadians to explore the open road and connect with the vibrant communities that make our country so unique' said David Klan, President & CEO, Mazda Canada. 'At Mazda, building meaningful connections has always been at the heart of our journey, it's deeply rooted in our history and values. The Mazda Coffee Tour brings that spirit to life by celebrating local culture, supporting small businesses, and inspiring new experiences across Canada.'
'Coffee is more than just a beverage for Canadians— it's a beloved part of our daily lives,' said Robert Carter, President of the Coffee Association of Canada. 'In fact, coffee is the most popular beverage in the country, with over 70% of adults drinking it regularly. Our $8-billion coffee sector supports hundreds of thousands of jobs. As businesses face ongoing economic pressures, supporting local cafés, roasters, and retailers is more vital than ever.'
Canadians' views on Coffee Tourism
To find out more about Canadians' views on coffee tourism, Mazda Canada commissioned a survey and found that more than 60 per cent of Canadians are interested on going on a coffee tour—with 74 per cent viewing Canada as an excellent or good destination for trying new coffee beverages. Motivations for joining a coffee tour varied by generation: Gen Z viewed it as a chance to connect with friends and create social media content; Millennials were drawn by the opportunity to explore new coffee blends and flavors; while Gen X and Boomers appreciated the chance to enjoy nature and support the local economy.
Other findings include:
Mazda CX-90 and CX-70 Named Official Vehicles of the Mazda Coffee Tour
Given coffee tourism's focus on sustainability and a passion for discovery, the Mazda CX-90 and CX-70 have been named the official vehicles of the Mazda Coffee Tour. Available in both Mild Hybrid and Plug-in Hybrid models, these electrified SUVs are IIHS TOP SAFETY PICK+ award winners, offering an ideal blend of performance, spaciousness, safety, and environmental consciousness. They're the perfect companions for Canadians eager to hit the road and discover new brews.
Canadians interested in embarking on the official Mazda Coffee Tour can visit mazda.ca/coffee.
About Mazda Canada Inc.
Proudly founded in Hiroshima, Japan, Mazda has a history of sophisticated craftsmanship and innovation, and a purpose to enrich life-in-motion for those it serves. By putting humans at the center of everything it does, Mazda aspires to create uplifting experiences with our vehicles and for people.
Mazda Canada Inc. is responsible for the sales and marketing, customer service and parts support of Mazda vehicles in Canada. Headquartered in Richmond Hill, Ontario, Mazda Canada has a nationwide network of 163 retail stores. For additional information visit Mazda Canada's media website at www.media.mazda.ca.
Follow @MazdaCanada on social media: Facebook, Instagram, X, YouTube, and Threads.
About the Coffee Association of Canada
The Coffee Association of Canada (CAC), which represents roasters, retailers, importers and suppliers, supports Canada's coffee industry through advocacy, education, and connection. As the industry expert and advocate, the CAC works to ensure a prosperous future for Canada's coffee community, protecting industry growth and consumer access to coffee.
SOURCE Mazda Canada Inc.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Where Will ChargePoint Stock Be in 1 Year?
Where Will ChargePoint Stock Be in 1 Year?

Yahoo

time25 minutes ago

  • Yahoo

Where Will ChargePoint Stock Be in 1 Year?

ChargePoint's revenues are still declining in this challenging market. Its margins are improving, and a cyclical turnaround could be around the corner. Its stock looks undervalued relative to its growth potential. 10 stocks we like better than ChargePoint › ChargePoint (NYSE: CHPT), the leading builder of electric vehicle (EV) charging stations in North America and Europe, posted its latest earnings report on June 4. For the first quarter of fiscal 2026, which ended on April 30, the company's revenue fell 9% year over year to $97.6 million, missing analysts' expectations by $2.9 million. It narrowed its net loss from $71.8 million to $57.1 million, or $0.12 per share, which cleared the consensus forecast by a penny. ChargePoint's stock rallied after that mixed earnings report, but it's still down about 60% over the past 12 months. Will it stabilize and recover over the following year? ChargePoint ended its first quarter with more than 352,000 charging ports, including over 35,000 DC fast chargers, under its direct management. Its roaming partnerships also grant its customers access to more than 1.25 million charging ports across the world. ChargePoint mainly sells connected charging stations to residential and commercial properties that want to host their own chargers and set their own prices. It provides those hosts with network access, billing, and customer support services. That sets it apart from Tesla's Superchargers, which mainly serve as extensions of the automaker and offer fewer connected and customizable features. ChargePoint grew rapidly in fiscal 2022 and fiscal 2023 (which ended in January 2023), as EV sales surged in the post-pandemic market. But in fiscal 2024 and fiscal 2025, its growth stalled out as rising interest rates chilled the EV market and drove its residential and commercial customers to postpone their installations of new charging stalls. But in fiscal 2025, its adjusted gross, operating, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margins all improved as it narrowed its net loss. Its margins continued to expand in the first quarter of fiscal 2026, even as its revenue declined. Metric FY 2022 FY 2023 FY 2024 FY 2025 Q1 2026 Revenue $242 million $468 million $507 million $417 million $98 million Growth (YOY) 65% 93% 8% (18%) (9%) Adjusted gross margin 24% 20% 8% 26% 31% Operating margin (110%) (73%) (89%) (61%) (55%) Net income (loss) ($299 million) ($345 million) ($458 million) ($283 million) ($57 million) Adjusted EBITDA N/A ($217 million) ($273 million) ($117 million) ($23 million) Data source: ChargePoint. YOY = Year-over-year. FY = fiscal year. EBITDA = earnings before interest, taxes, depreciation, and amortization. ChargePoint attributes those margin improvements to the growth of its higher-margin subscription and software services -- which offset the lower margins of its chargers -- a big reduction in its inventories, and sweeping cost-cutting initiatives. ChargePoint expects to generate $90 million to $100 million in revenue in the second quarter, which would represent a decline of 8% to 17% from a year ago. During the earnings call, CFO Mansi Khetani said the company was "guiding with caution due to the continued changes in the macro environment, including tariff uncertainty" and its focus on integrating its charging stalls with Eaton's electrical grid solutions through a new one-stop shop partnership. ChargePoint didn't provide a full-year revenue outlook. However, it reiterated its goal of achieving a positive adjusted EBITDA in a single quarter of fiscal 2026. Analysts expect its revenue to come in nearly flat for the full year, which implies its revenue growth will improve in the second half of the year as the macroenvironment warms up and the EV market stabilizes. They expect its annual adjusted EBITDA to improve to negative $63 million. ChargePoint's growth may seem anemic right now, but it still has enough liquidity to ride out the near-term headwinds. It ended the first quarter with $196 million in cash and cash equivalents, it hasn't drawn a single dollar from its $150 million revolving credit facility, and it won't face any debt maturities until 2028. For fiscal 2027, analysts expect ChargePoint's revenue to rise 29% to $537 million with a negative adjusted EBITDA of $16 million. For fiscal 2028, they expect its revenue to grow 33% to $713 million with a positive adjusted EBITDA of $67 million. We should take those optimistic estimates with a grain of salt, but its cyclical downturn could represent a good buying opportunity for investors who can tune out the near-term noise. With an enterprise value of $465 million, it looks extremely undervalued at just over 1 times this year's sales. If ChargePoint meets analysts' expectations and trades at just 2 times its forward sales by the beginning of fiscal 2027, its stock price could easily rally more than 130% over the next 12 months. Before you buy stock in ChargePoint, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and ChargePoint wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Leo Sun has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Where Will ChargePoint Stock Be in 1 Year? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Down 21%, Should You Buy the Dip on Apple Stock? The Answer Might Surprise You.
Down 21%, Should You Buy the Dip on Apple Stock? The Answer Might Surprise You.

Yahoo

time31 minutes ago

  • Yahoo

Down 21%, Should You Buy the Dip on Apple Stock? The Answer Might Surprise You.

It's the combination of products and services that has made Apple one of the best businesses on Earth. Ongoing uncertainty surrounding the tariff situation adds to investor concerns. At the current valuation, Apple stock provides zero margin of safety. 10 stocks we like better than Apple › Apple (NASDAQ: AAPL) shares are down 18% in 2025 (as of June 6). This makes Apple the worst-performing "Magnificent Seven" constituent this year, besides Tesla. Investors are probably concerned about tariff uncertainty and the company's slow progress with artificial intelligence (AI). The stock is currently 21% below its peak. So, it has some work to do to get back to its former glory. Legendary investor Warren Buffett and his conglomerate, Berkshire Hathaway, have sold a sizable chunk of their shares in the past several quarters. However, should you go against the Oracle of Omaha's moves and buy the dip on Apple stock? I think the answer might surprise you. I mention Buffett because many individual investors like to follow his buy and sell decisions. Clearly, when Berkshire first bought Apple in early 2016, they must've thought the tech giant was a high-quality enterprise. It's not hard to see why. Apple's brand is arguably the most recognizable in the world. This position wasn't created overnight. It took years and years of introducing truly exceptional products and services, that were well designed and incredibly easy to use, on a global scale. Apple is an icon, to say the least. That brand has helped drive Apple's pricing power. And this supports the company's unrivaled financial position. Apple remains an unbelievably profitable business. It brought in $24.8 billion in net income in the latest fiscal quarter (Q2 2025 ended March 29). Apple's products and services are impressive on their own. However, it's the combination of both of these aspects that creates the powerful ecosystem. Consumers are essentially locked in, which creates high barriers for them to switch to competing products. This favorable setup places Apple in an enviable position from a competitive perspective. Despite Apple's market cap of nearly $3.1 trillion, which might make some investors believe it's immune to external challenges, this business is dealing with some notable issues recently. There are three that immediately come to mind. The first problem is that Apple's growth engine seems to be decaying. Net sales were up less than 7% between fiscal 2021 and fiscal 2024. And they're up just over 4% through the first six months of fiscal 2025. According to management, there are likely over 2.4 billion active Apple devices across the globe. That number continues to rise with every passing quarter, but you get an idea of how ubiquitous these products are. Plus, the maturity of the iPhone, now almost two decades into its lifecycle, might lead to limited opportunities to further penetrate markets. Critics can also call out Apple's slow entrance into the AI race. For example, we won't see an AI update to Siri until next year, a launch that was delayed. At the same time, it seems like other companies are moving rapidly to win the AI race. Lastly, Apple has been and could continue to be drastically impacted by the tariff situation. China, which has gotten the most attention from President Donald Trump during the ongoing trade tensions, has been a manufacturing powerhouse for Apple. The business is being forced to shift its supply chain around to minimize the impact. Apple CEO Tim Cook said that the situation makes it challenging to forecast near-term results. Even though this stock trades 21% off its peak, investors aren't really getting a bargain deal here. The price-to-earnings ratio is 32 right now. That's not cheap for a company whose earnings per share are only expected to grow at a compound annual rate of 8.8% between fiscal 2024 and fiscal 2027. In my view, there's zero margin of safety. If you're an investor who wants to generate market-beating returns over the next five years, I don't think you should buy Apple today. Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 173% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, and Tesla. The Motley Fool has a disclosure policy. Down 21%, Should You Buy the Dip on Apple Stock? The Answer Might Surprise You. was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store