Welcome to our dedicated page for Reborn Coffee news (Ticker: $REBN), a resource for investors and traders seeking the latest updates and insights on Reborn Coffee stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Reborn Coffee's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Reborn Coffee's position in the market.
Rhea-AI Summary
Reborn Coffee Inc (REBN) announced a strategic investment of $5 million from KIB Plug Energy Korea to combine premium coffee services with electric vehicle charging stations, marking a significant advancement in sustainable practices and everyday consumer needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.08%
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Rhea-AI Summary
Reborn Coffee, Inc. (NASDAQ: REBN) reported an 81% increase in revenue to $1.5 million in Q3'23 compared to $0.8 million in Q3'22. Gross profit also increased by 80% to $1.0 million. The company expanded globally with a strategic partnership in the UAE and e-commerce expansion through Amazon. They also launched initiatives for wildfire relief and pet-friendly events. Financially, revenues for Q3'23 were $1.5 million, up 81% from Q3'22, and net loss was $0.7 million, an improvement from Q3'22's net loss of $0.9 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.82%
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Rhea-AI Summary
Reborn Coffee announces a strategic partnership with Sheikh Hamed to establish its first retail location in Abu Dhabi and expand its presence in the UAE market. The goal is to establish a minimum of ten locations within five years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.63%
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Rhea-AI Summary
Reborn Coffee, Inc. and Hour Loop, Inc. have announced an expanded partnership to offer Reborn branded Organic Volcanic Tea through the Amazon Marketplace program. The tea is sourced from the Big Island of Hawaii and is low in caffeine, rich in antioxidants, and has a strong pure flavor. Hour Loop will handle logistics, marketing, and platform integration on Amazon Marketplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.09%
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Rhea-AI Summary
Reborn Coffee appoints Jennifer Tan to its Board of Directors
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
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Rhea-AI Summary
Reborn Coffee partners with Hour Loop to distribute products on Amazon
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
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Rhea-AI Summary
Reborn Coffee pledges to donate 50% of Kona Coffee sales proceeds to Maui Food Bank for wildfire relief efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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Rhea-AI Summary
Reborn Coffee, Inc. to participate at H.C. Wainwright 25th Annual Global Investment Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
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Rhea-AI Summary
Reborn Coffee, Inc. reported a 93% increase in revenue to $1.5 million in Q2'23 compared to $0.8 million in Q2'22. Gross profit also increased by 96% to $1.0 million. The company ended Q2'23 with 14 open locations and reported improved company-operated store gross margins of 65%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
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Rhea-AI Summary
Reborn Coffee, Inc. is launching a series of pet-focused events at selected locations and a flagship pet-friendly cafe in Pasadena, California. The pet industry is now a $76.8 billion market in the U.S. Reborn is partnering with pet organizations to promote responsible pet ownership and adoption. The cafe will feature indoor seating for pets and their owners, a pet supplies section, pet-related events, an outdoor patio, and snacks and water bowls for pets. All Reborn locations will now allow pets in outdoor and patio spaces.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
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Reborn Coffee, Inc.
Nasdaq:REBN
REBN Rankings
REBN Stock Data
8.67M
851.91k
68.41%
0.13%
2.62%
Supermarkets and Other Grocery (except Convenience) Stores
Retail Trade
United States of America
BREA
About REBN
reborn coffee is a roaster hailing from orange county, ca. winner of america’s best cold brew two years in a row, reborn is excited to bring its award winning brew in partnership with oh my green. unlike any other coffee roaster, reborn coffee marries sustainable sourcing of the highest quality beans with our own patented wash process. most coffee is washed once, then roasted, however reborn is committed to “rebirthing” the beans through our “reborn wash process” that is designed to recreate the natural environment (the terroir) that the coffee beans grows in. this allows for the beans to be “reborn” through an accelerated germination that elevates the beauty and complexity of notes naturally found in the bean. reborn has the infrastructure in place for quality sourcing, r&d, retail, consumer packaged goods, and, most importantly, an award-winning product that consumers love. reborn is positioned to grow dramatically both in the retail coffee space and consumer packaged goods cate