Latest news with #Peet's
The Guardian
04-04-2025
- Business
- The Guardian
Peta urges Gail's Bakery to drop extra charge for plant milk
A leading animal rights charity has launched a campaign calling for Gail's Bakery to drop its surcharge on plant-based milks, claiming it 'unfairly discriminates' against customers with dairy intolerances or those trying to make more ethical choices. Gail's, a chain that is expanding rapidly in Britain, charges 40p to 60p extra if customers want oat or soya milk in their coffee or tea. With at least one in three Britons now drinking plant-based milks, other high-street coffee chains tend to offer one – soya – for free, though other dairy-free alternatives such as oat, almond and coconut milk often still come at a cost. Peta has called for Gail's to drop its extra charge. Dawn Carr, the charity's vice-president of vegan projects, told the Guardian: 'Gail's is milking customers who care about animals and the planet by offering a discount on reusable cups but still charging extra for plant milk. 'Dairy milk is an environmental disaster, cruel to cows, and bad for human health. We're calling on [Gail's] to ditch the upcharge and encourage all conscious coffee drinkers to join Peta's campaign.' Last month, Sir Paul McCartney wrote to the US chain Peet's Coffee asking it to drop its extra charge for non-dairy milk. Within days, Peet's climbed down. The former Beatle, who has been a vegetarian since 1975, wrote at the time: 'It recently came to my attention that Peet's has an extra charge for plant-based milks as opposed to cow's milk. 'I must say this surprised me, as I understand that your company is committed to reducing methane emissions and water waste, yet cow's milk significantly contributes to them.' Pret a Manger stopped charging extra for plant-based milks such as oat, almond, soya and rice-coconut in the UK in 2020 after calls from animal rights advocates. Starbucks dropped its vegan milk surcharge in the UK in 2022. Leon and Joe and the Juice do not charge extra for any standard dairy-free milk alternatives. Costa Coffee and Caffe Nero do not charge for soya milk, but oat and coconut milk are an additional 45p at both. Costa also has an 'ultimate blend' plant-based milk alternative at some stores for 35p. Peta has also renewed its calls for these extra charges to be dropped. Campaigners and animal rights advocates have long said these extra costs discriminate against people searching for dairy-free alternatives, with some claiming it amounts to a 'tax' that should instead be applied to dairy because of its cost to the animals and the environment. But critics have said that almond milk uses large quantities of water in its production. Dale Vince, a green energy industrialist and ambassador for the charity Veganuary, said the charges were an example of 'premium pricing' for plant-based foods, which tend overall to have a lower environmental impact. 'This is a rip-off, plain and simple – part of the premium pricing of plant-based foods, which by their very nature cost less,' he said. Sign up to Down to Earth The planet's most important stories. Get all the week's environment news - the good, the bad and the essential after newsletter promotion Carr added: 'It's true that almond milk uses more water to produce than oat milk, but the amount pales compared to that needed to make dairy milk. Slurry run-off from dairy factory farm manure and urine pollutes waterways, methane damages the ozone layer, and transport and slaughter of cows is extremely energy-intensive. 'If anything, businesses should charge more for dairy to better reflect the true cost to the animals and the planet. But they certainly need to eliminate the unfair and damaging upcharge on vegan milks.' Toni Vernelli, Veganuary's head of communications, said: 'The cost of many plant milks has come down dramatically in recent years, so many of the surcharges – which range from 25p to 50p – are out of proportion to the extra expense the vendor incurs.' Gail's declined to comment. Last year the chain, which has been described as a 'political bellwether' for middle-class Britain, faced controversy over its expansion plans amid fears it would push out independent coffee houses. Its first outlet opened in Hampstead, north-west London, in 2005 and there are now about 170 branches in the UK.
Buzz Feed
29-03-2025
- Buzz Feed
13 Travel Mugs So You Can Enjoy A Piping Hot Drink For Longer
1. A double-wall insulated Yeti stainless-steel tumbler that is SO good at transporting hot and cold drinks alike that over 83,000 reviewers took time out of their busy days to write a 5-star review about it. And who can blame them? Thanks to the fact that it's dishwasher safe, super durable, comes in a buncha great colors, has a secure MagSlider lid, and boasts a no-sweat design — you'll soon join the ranks of people leaving a 5-star review! Promising review:"The Yeti tumbler is a must-have for keeping drinks at the perfect temperature. The vacuum insulation works amazingly well — my coffee stays hot for hours, and cold drinks stay icy all day. The MagSlider lid is super convenient and helps prevent spills. It's durable, easy to clean, and fits perfectly in cup holders. Worth every penny! Definitely recommend!" — Mike Get it from Amazon for $35 (available in 39 colors). 2. An Owala SmoothSip whose spout offers the comfortable sipping experience Owala water bottle fans have come to love but in the form of a wonderful coffee mug. Not to mention, the slide-top leak-proof lid does a seriously good job at preventing spills and splashes — because when you're in a rush to get somewhere, you don't have time to dab coffee stains off your clothes/bag. Oh, and did I mention it keeps hot drinks hot for six hours and cold drinks cold for up to...A FULL DAY?! Promising review:"First off, this cup is STUNNING. As a cup/tumbler enthusiast, I love this pink color, and it really makes me so excited to make matcha in the morning to fill this cup and bring it around with me. Secondly, this cup is completely 100% leak-proof. Once you close the sip slider, its contents will not spill, no matter how hard you shake it! So, you can toss it into your passenger seat, toss it into your bag, take it on walks, go on drives, hand it to your toddler, you name it. This cup will withstand all of that. Also, I love that it keeps your beverage cold/hot, depending on what you put in it. I also have gotten so many compliments on it, and this has easily become my favorite coffee cup. Buy it!!" — grace Get it from Amazon for $24.98+ (available in seven colors and two sizes). 3. A travel mug with a handle that gives the feel of a ~traditional~ coffee cup combined with the temperature-staying powers of stainless steel tumblers. Wouldn't we all love to be sitting on patio chairs at 7 a.m. watching the sunrise with a mug full of freshly brewed Peet's? If your 7 a.m. involves sitting in bumper-to-bumper traffic, this lil' mug is here to help bring some of that vibe to your commute. Promising review:"This coffee mug is absolutely AMAZING!!! I used to drink my coffee rather quickly because I knew it would get cold within 15–20 minutes tops. Now, I can truly enjoy my coffee and drink it leisurely with a muffin, toast, or just by itself. My coffee literally stays hot/warm for about 2–3 hours. GAME CHANGER!!! I LOVE IT!!!! I use it all the time and my old school coffee mugs are collecting dust. Don't wait, get one!! You won't regret it!!!" — R. M. Perez Get it from Amazon for $12.99 (available in 24 colors and multi-packs). 4. And if you're reallllly looking to step up the game, this ceramic travel mug is just perfect. It's vibey, aesthetic, and its base is literally a built-in coaster. No rings left behind in your car's cupholder or your work desk. 🙅♀️ Promising review:"I am an all-day coffee drinker, and I wanted something I could microwave. Most coffee tumblers contain some sort of metal in them. The ceramic cup and rubber base allow me to microwave, though I do take the lid off. It also holds a little over half of a regular-size French press pot of coffee! The only downside is if you drop it. it will break, which I found out first-hand. However, due to all of the things I like about the cup, I still bought another, just like it, to replace the one that broke. And will buy another if something happens to this one!" — Erica Hoffman Get it from Amazon for $14.99+ (available in three colors). 5. A Stanley AeroLight bottle because your growing Stanley collection can and should include an option for your morning bean juice. Thanks to a locking drink lid, this bottle ensures your caffeinated goodness actually stays where you want it. It can keep it hot for four hours or cold for if your straw-lid Stanley has been leaking your ice water lately, you may wanna grab an extra since this can keep icy drinks for 20 hours!!! Promising review:"Once upon a time, in the land of I-can't-live-without-coffee, a king and queen embarked on an epic quest to find the perfect vessel to hold the nectar of the gods. After an exhausting journey through many mugs and cups that didn't quite measure up, the Stanley 16-ounce travel mug appeared as the clear champion. But would the king and queen wait 6–8 weeks for delivery? Yes, yes, they would. And when it finally arrived, it was clear they had chosen wisely. The mug was sturdy and stylish and could hold their precious coffee like a true royal chalice. Now, their mornings are ruled by the perfect brew, and the Stanley mug is the true heir to the throne of coffee mugs. 10/10 would absolutely recommend to any royal family in need of a traveling cup." — Verified Vixen Get it from Amazon for $35 (available in 15 colors and two sizes). 6. A Stojo collapsible travel cup so you can head to work in the morning with a fresh cup of hot java to sip on during your commute and easily fold it down and store away in your bag at the end of the day for a mess-/bulk-free trip home. Stojo is a small biz that sells reusable and collapsible kitchen/travel products! Promising review:"I used this well-designed collapsible cup on a recent trip to Scotland and Ireland, and it performed great, keeping my morning coffee warm while touring. Then I easily cleaned it, dried it, and collapsed it for storage/transport to the next town. The weight is just right, and when collapsed you can even just throw it in a purse or backpack. Very satisfied!" — Karen L. McGraw Get it from Amazon for $16.99 (available in 26 styles and four sizes). 7. A Simple Modern tumbler that will, of course, keep cold drinks cold and hot drinks hot for hours, but I know what you're thinking: "Why would I choose this over a different brand?" Well, dear reader, I'm glad you asked. Previous Stanley Cup-owning reviewers rave that, unlike their former tumbler, this one doesn't leak when tipped over. Should we mention it's also a fraction of the price?! And comes in so many fun colors?! It's also cupholder THAT Hydro Flask! Promising review:"I bought the Simple Modern 40-ounce tumbler with handle and straw lid for my sister-in-law, and she absolutely loves it! The insulation keeps her drinks at the perfect temperature for hours, whether it's hot coffee or icy water. The handle is incredibly convenient for carrying around, and the straw lid makes sipping easy and mess-free. The stainless steel design is both durable and stylish, making it a great addition to her daily routine. She's thrilled with its functionality and practicality. Highly recommend this tumbler for anyone looking for a high-quality, reusable cup!" — Sheila Villaflor Get it from Amazon for $24.98+ (available in two sizes and 39 colors). 8. A Bodum stainless-steel travel press because sometimes you are so pressed for time in the morning that taking your coffee on the go entails also having to brew your coffee on the go. No need to settle for one of those barely-actually-coffee-and-primarily-milk-and-sugar drinks in the Walgreens fridges on your way to the office when you can enjoy a delicious cup of French press instead! Promising review:"I love this French press! It's not only great for traveling but also perfect for brewing a single cup of coffee when it's just me. The 15-ounce size is ideal, and it keeps my coffee warm for a long time. The design is sleek, and it's super convenient to use and clean. Whether you're on the go or just want a quick, personal brew, this is an excellent choice. Highly recommend!" — Matias Get it from Amazon for $24.99 (available in two styles and five colors). 9. A trusty Contigo travel mug whose auto seal lid will give you some peace of mind on those mornings when your alarm "forgot" to sound off at 6 a.m., your hair wouldn't cooperate, you couldn't decide what to wear, the trains are all behind schedule, and you have no choice but to run a marathon you didn't sign up for to get to the office before your boss notices you're late. You have enough struggles; no need to worry about spilled coffee to boot. Promising review:"Bought this quite some time ago. I'm picky about my to-go cups and for coffee, this one is perfect. Iced or hot, it keeps the temp. for a few hours. It's fairly easy to clean, I've thrown it in the dishwasher with no issues and any small brush gets the lid clean. I've never had it leak — it has a lock on top to prevent the button from accidentally pushing (perfect for throwing it in your bag in the morning), and I like the push button to drink. Yes, I look silly in meetings when I try to drink from it and it's locked, but the amount of times someone had knocked this off my desk and it didn't spill makes it with it. It fits perfectly in my cup holders and feels good in your hand. I love it!" — Andrea Osterkamp Get it from Amazon for $24.63 (available in other styles and sizes). 10. An insulated personalized coffee cup if you've ever accidentally picked up what you could've sworn was your coffee mug only to realize your lovely colleague Karen from accounting likes her coffee with a little too much milk. Thanks to this bb, your taste buds will no longer have to face the wrath of sipping a cup of whole milk with the subtle flavor of coffee. 😛 Givenie / Etsy Givenie is a small biz! Promising review:"Beautiful design! Quick delivery! Hot drinks stay hot for hours! Fits great in the coffee holder in car." — Emily Goodwright Get it from Givenie on Etsy for $13.75+ (available in five colors and two sizes). 11. An inexpensive travel mug that looks and feels like you're sipping out of a cup from a local coffee shop for less money than the drinks at those shops cost. While this cup should keep your drink at your desired temp for your morning commute, it's microwave safe, so you can safely heat it up if needed once you get to the office! Promising review:"Exactly the cup I was looking for. We have a couple of expensive, insulated travel mugs, but oftentimes, they're dirty or in the dishwasher when I am looking for one. Honestly, I just need a cup with a lid so I can take my coffee with me in the car to the gym or to drop the kids at school or whatever. I'm not going to be flipping the cup in the air, so I don't really care if it is completely leak-proof. And I'm drinking the coffee NOW, so I don't really need the $18 insulated version that keeps your drink scalding hot (and therefore undrinkable) for 24 consecutive hours. I needed a reusable coffee cup with a lid, and this is it. The price was pretty good. I like the grip on the side. The lid twists on quickly and firmly. And the feel of the cup is basically the same as the coffee cup you're used to getting at Starbucks. Love it." — bionichands Get it from Amazon for $6.79+ (available in nine colors). 12. A glass tumbler with a silicone sleeve and straw that looks as good to carry around as it feels to hold in your hand! It's made with high borosilicate glass, features a bamboo lid, and is equally great for holding both hot and cold bevvies. Not to mention, there are so many pretty silicone sleeve color/style options. The question isn't if you should get this, but it's which one you should get. Promising reviews:"Love this product for my iced coffee in the morning and to refill with water throughout the day! Keeps everything super cold (or hot if that's your choice) and is easy to use. Fits in cup holder too. Liked this better than others that were more expensive." — Melissa Honer "I bought this for my wife and she loved it! Awesome quality. Excellent packing. Good for hot and cold drinks. The bamboo cap looks awesome with the glass tumbler and the silicone sleeve is awesome to protect it! Definitely will recommend this product to friends and family!" — Rafael Get it from Amazon for $13.59 (available in various colors and multi-packs). 13. An Ember temperature control smart mug that's $$$, but so worth it. This cool mug keeps your drink at your desired temp (between 120–145 degrees Fahrenheit) for up to three hours on a full charge (or all day if kept on its charging coaster). If you're someone who likes to sip their morning joe all. day. long, then you 100% need this. PLUS! You can choose to buy a version that connects to Apple's Find My app — a great choice if you're one of those people whose brain doesn't fully function until the caffeine hits. Same. 🙋♀️ Promising review:"My son got me this for my birthday, and I love it! It keeps my coffee at the perfect temp until the last drop. It's easy to clean, easy to use, and the app makes it even easier. I had my first lid break, but Ember customer service sent me a new one, along with a free sipping lid. Yes, it's expensive. It's an awesome gift though if you want to spoil someone, or treat yourself!" — Jennifer Shephard Get it from Amazon for $199.95 (available with or without "Apple Find My").
Yahoo
28-03-2025
- Business
- Yahoo
JDE Peet's receives Fair Pay Leader certification
PRESS RELEASEAmsterdam, March 28, 2025Certification Recognizes Company's Achievements and Commitment to Pay EquityJDE Peet's, the world's leading pure play coffee and tea company, has been awarded the prestigious Fair Pay Leader certification by the Fair Pay Innovation Lab (FPI). This gold-standard certification recognises the absence of any significant differences in overall pay between genders across the company's global workforce and is a testament to JDE Peet's commitment to ensuring fair and equitable pay. A 2024 global gender pay equity study analysed the compensation structures and anonymized remuneration data of approximately 19,000 JDE Peet's employees. The study, which accounted for factors including role, internal job band and differences in work location, concluded that the gap between the pay of men and women is 0.52%. This difference is well under the future EU directive's threshold of 5% and is generally not considered to represent a meaningful gap. JDE Peet's recognition as a Fair Pay Leader follows its recent receipt of the highly regarded 2025 Catalyst Award, both of which underscore the company's commitment to promoting equity and inclusion in the workplace. Rafael Oliveira, CEO of JDE Peet's, commented: 'At JDE Peet's, we want to create a workplace where a diversity of ideas, perspectives, cultures, and backgrounds are welcome. Our workforce represents the people we serve – our consumers. Diversity leads to better business decisions. The Fair Pay Leader certification is a wonderful recognition and does not mean we stop here. We will continue to assess and address equity gaps to create a workplace where talent is fairly recognised and rewarded.' JDE Peet's has been committed to monitoring its gender pay equity position since 2022, when the first pay equity study was conducted, well ahead of regulatory requirements. Since then, JDE Peet's has not only focused on identifying potential gaps but also on ensuring that its policies and practices support equal opportunity. # # # EnquiriesMediaKhaled Rabbani+31 20 558 1735Media@ Investors & AnalystsRobin Jansen+31 6 1594 4569IR@ About JDE Peet's JDE Peet's is the world's leading pure-play coffee and tea company, serving approximately 4,400 cups of coffee or tea per second. JDE Peet's unleashes the possibilities of coffee and tea in more than 100 markets, with a portfolio of over 50 brands including L'OR, Peet's, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona. In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed a global workforce of more than 21,000 employees. Read more about our journey towards a coffee and tea for every cup at Attachment jde-peets-receives-fair-pay-leader-certificationSign in to access your portfolio
Yahoo
15-03-2025
- Business
- Yahoo
PEET'S UNVEILS NEW SPRING VITALITY MENU TO LAUNCH MARCH 19
Peet's Coffee Introduces Refreshing Coconut Water Creations And Floral Flavors This Spring, And The Offering Of Non-Dairy Options At The Same Price As Dairy-Based Drinks Beginning This Summer EMERYVILLE, Calif., March 14, 2025 /PRNewswire/ -- Kicking off spring with a burst of freshness, Peet's Coffee is renewing its focus on feel-good, functional beverages with the launch of its expanded Vitality Menu. Approved by Dietitian and Recipe Creator Sammi Brondo, she's teaming up with Peet's to share tips on how to effortlessly incorporate these functional-focused sips into your daily routine. Coconut Water-Infused Beverages: Starting April 1, Peet's coffeebars nationwide will debut irresistibly smooth and hydrating refreshments crafted with Vita Coco Pressed Coconut Water, delivering a delicious, thirst-quenching boost. At the same time, Peetnik Rewards members can also begin enjoying exclusive access to non-dairy beverage options at the same price as dairy-based, with in-store menu pricing to adjust in June. Coconut Water Cold Brew: Infused with a refreshing, revitalizing lift, this bright and breezy brew is the perfect way to spring into the season. With bold Baridi Cold Brew, crisp Pressed coconut water, and simple syrup, each and every sip is hydrating. Coconut Water Matcha: Brimming with vibrant, springtime energy, this smooth and refreshing sip is a matcha lover's dream. Ceremonial-grade Matcha pairs perfectly with crisp Pressed coconut water and simple syrup for a sweet, electrolyte boost that's just as invigorating as the season itself. Lattes Rich in Protein: Available now at coffeebars nationwide, these medium-sized lattes, crafted with Bob's Red Mill Whey Protein Powder, contain 20 grams or more of protein and are making their return this season hot or iced: Vanilla Latte: Whipped to perfection, it contains a sweet vanilla flavor and protein, making for the perfect way to pamper your taste buds and fuel your day. Golden Latte: Crafted with smooth whey protein, creamy texture meets rich flavor as this signature latte delivers a velvety body that's as satisfying as it is energizing. Matcha Latte: Get ready to power up as our classic, authentic, and earthy matcha green tea meets the creamy texture of perfectly steamed milk and is enriched with an excellent source of protein. "I'm excited to partner with Peet's as they continue to blend functional ingredients into their crafted beverages in such an innovative way," said Sammi Brondo, MS, RD, CDN. "With powerhouse ingredients like protein and coconut water, these drinks offer the perfect balance of nourishment and taste." As spring bursts into bloom, Peet's is embracing floral favorites with the arrival of the Blushing Rose Matcha Latte, Blushing Rose Sparkling Lemonade, Lavender Vanilla Latte, and Lavender Sparkling Lemonade beginning March 19. And because no seasonal refresh is complete without the perfect bite, Peet's is also debuting the Roasted Tomato Focaccia Sandwich—an ideal pairing for these vibrant sips. Starting June 4, 2025, all customers can personalize their beverages with non-dairy options—including oat, almond, and Ripple® plant-based milk —at the same price as all milk-based drinks. Peet's will be offering an exclusive in-app preview of the change for Peetnik Rewards members beginning April 1, 2025. "We were proud to introduce the first fully plant-based menu item at scale for coffee shops in 2021, and, building on that commitment, we launched a seasonal menu dedicated to plant-based ingredients. Now, we're excited to take the next step by offering non-dairy options at the same price as all milk-based drinks, beginning this summer," said Gordon Bitter, Senior Vice President, Retail. For those looking to bring the flavors of Peet's home this spring, check out vibrant at-home brews like Peet's 2025 Anniversary Blend pays tribute to the farmers at origin with every rich, crafted sip, while The Bright Collection—featuring the bold Off the Grid and radiant Sun Catcher—delivers juicy, fruit-forward flavors that bring sunshine to every cup. Peet's isn't just blooming with flavor this spring—it's also serving up fresh deals all season long at coffeebars nationwide! Sip Into Spring (3/21–3/23) – Peetniks can grab one of the limited-edition floral sips and get the second one 50% off*—perfect for sharing (or doubling the fun for yourself)! National Cold Brew Day (4/18–4/20) – Celebrate with a refreshing $3 Coconut Water Cold Brew or keep it classic with smooth Baridi Cold Brew**. Teacher Appreciation (5/6) – A little thank you goes a long way. With an Educator ID, teachers can enjoy a small free drip coffee or cold brew***. Peetnik Perks (5/18–5/31) – Brighten your day with a medium Latte and warm, toasty bite for just $9****—the ultimate spring pick-me-up. *Buy one Spring Limited Time Offer Beverage (Lavender Vanilla Latte, Lavender Sparkling Lemonade, Blushing Rose Matcha Latte, Blushing Rose Sparkling Lemonade) and get one Spring Limited Time Offer Beverage of equal or lesser value for 50% off price. Offer valid from 03/21/25 - 03/23/25 at participating Peet's retail coffeebar locations and excludes Peet's locations within airports, supermarkets, and other licensed locations. Offer is not valid on any other beverages, food, or merchandise. Cannot be combined with any other offer or discount. No cash value, and no rainchecks, adjustments, transfers or substitutions. Not valid on prior purchases. Non-negotiable. Peet's reserves the right to modify or terminate this offer at any time without notice. **Buy a Cold Brew or Coconut Water Cold Brew of any size for $3. Limited to one unit per customer. Modifiers will be charged separately and added to price. Offer valid from 04/18/25 – 04/20/25 at participating Peet's retail coffeebar locations and excludes Peet's locations within airports, supermarkets, and other licensed locations. Offer is not valid on any other beverages, food, or merchandise. Cannot be combined with any other offer or discount. No cash value, and no rainchecks, adjustments, transfers or substitutions. Not valid on prior purchases. Non-negotiable. Peet's reserves the right to modify or terminate this offer at any time without notice. ***One small free drip coffee, cold brew, hot tea pouch, or iced tea pouch for eligible teachers on 05/06/2025. Limit of one free beverage per transaction. Please show proof of occupation to redeem. Valid only at participating Peet's retail coffeebar locations and excludes Peet's locations within airports, supermarkets, and other licensed locations. Offer is not valid on any other beverages, food, or merchandise. Cannot be combined with any other offer or discount. No cash value, and no rainchecks, adjustments, transfers or substitutions. Not valid on prior purchases. Non-negotiable. Peet's reserves the right to modify or terminate this offer at any time without notice. ****Buy any Warm Food item with a Medium Latte (Caffe Latte, CBOL, Matcha Latte, Chai Latte) hot or iced, for $9.00. Offer exclusive to Peetnik Rewards members. Limited to one transaction per Peetnik Reward member, per day. Modifiers will be charged separately and added to price. Offer valid from 05/18/2025-05/31/2025 at participating Peet's retail coffeebar locations and excludes Peet's locations within airports, supermarkets, and other licensed locations. Offer is not valid on any other beverages, food, or merchandise. Cannot be combined with any other offer or discount. No cash value, and no rainchecks, adjustments, transfers or substitutions. Not valid on prior purchases. Non-negotiable. Peet's reserves the right to modify or terminate this offer at any time without notice. About Peet's CoffeePeet's is Coffee for Coffee People. Founded in Berkeley, California in 1966 by Alfred Peet, the "Big Bang of coffee," Peet's Coffee® pioneered the artisan movement in the U.S. With rich, complex, superior quality roasts unlike anything Americans ever tasted before, Peet's influenced generations of coffee entrepreneurs and connoisseurs. Today, Alfred Peet's legacy lives on in every Peet's cup whether ordered online, selected at a grocery store or served in any one of the more than 480 Peet's Coffee locations in the U.S., China and the Middle East. Peet's Coffee works with Enveritas to responsibly source its coffee per Enveritas standards. For more information, visit Stay connected to Peet's: @peetscoffee on X, Instagram and Facebook. View original content to download multimedia: SOURCE Peet's Coffee Sign in to access your portfolio
Yahoo
10-03-2025
- Business
- Yahoo
JDE Peet's starts EUR 250 million share buyback programme
PRESS RELEASEAmsterdam, March 3, 2025JDE Peet's (EURONEXT: JDEP), the world's leading pure-play coffee and tea company by revenue, today announced the start of its share buyback programme to return up to EUR 250 million to shareholders in 2025, as announced on February 26, 2025. The programme will start on March 3, 2025 and the maximum duration of the programme is up to the end of 2025, barring unforeseen circumstances. The main purpose of the programme is to reduce the capital of JDE Peet's, by cancelling virtually all the ordinary shares acquired through the programme. A small portion will be used to cover share-based remuneration obligations. At the current share price, the programme represents a maximum of approximately 13.9 million shares, or 2.8% of total shares outstanding. The programme will be executed within the limits of relevant laws and regulations, the existing authority granted at JDE Peet's 2024 Annual General Meeting of Shareholders (AGM) on May 30, 2024 and the authority (if granted) by the AGM on June 19, 2025. The share buyback programme will be executed by an intermediary to allow for share buybacks at its discretion during open and closed periods in compliance with the EU Market Abuse Regulation and within pre-defined execution parameters. JDE Peet's will provide regular updates on the progress of the share buyback programme by means of press releases and a dedicated section on JDE Peet's website for the duration of the programme as appropriate. # # # Market Abuse Regulation This press release contains information within the meaning of Article 7(1) of the EU Market Abuse Regulation. EnquiriesMedia Khaled Rabbani+31 20 558 1735Media@ & AnalystsRobin Jansen+31 6 1594 4569IR@ About JDE Peet's JDE Peet's is the world's leading pure-play coffee and tea company, serving approximately 4,400 cups of coffee or tea per second. JDE Peet's unleashes the possibilities of coffee and tea in more than 100 markets, with a portfolio of over 50 brands including L'OR, Peet's, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona. In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed a global workforce of more than 21,000 employees. Read more about our journey towards a coffee and tea for every cup at Attachment jde-peets-starts-EUR-250-million-share-buyback-programme
