|Bid||6,758.00 x 396500|
|Ask||6,773.00 x 100|
|Day's Range||6,740.00 - 6,799.00|
|52 Week Range||58.32 - 6,799.00|
|PE Ratio (TTM)||2,657.12|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Global coffee retailer Jacobs Douwe Egberts BV said on Tuesday it is eyeing new acquisitions in Brazil, where it is seeking double-digit growth as it chases Nestle in the international coffee retail business. JDE executives said during a presentation of new products in Sao Paulo that the company was banking on higher quality products in the world's second largest coffee market to increase revenues and market share. JDE has bought up a string of coffee and tea firms, establishing its position as a key player in the global retail business.
Israeli foodmaker Strauss Group said on Thursday its subsidiary Sabra Dipping Co has seen its sales restored to levels before it issued a recall of its spreads in November. Sabra, a 50-50 joint venture with PepsiCo Inc, has a 60 percent share of the hummus market in the United States. The recall and regaining of sales will have a one-time impact of an additional $5 million on the company's pretax profit, Strauss, a maker of snacks, fresh foods and coffee, said in a statement.
Q1 2017 Strauss Group Ltd Earnings Call