Today's coffee brief highlights major industry developments including a San Francisco specialty coffee company's closure due to landlord disputes and a FAO grant opportunity for coffee enterprises. The 2026 World Barista Champion was crowned in China, while coffee sales now represent up to 20% of revenue at leading Chinese tea chains. In brewing culture, Halloween-themed drinks and a luxury La Marzocco-Porsche espresso machine collaboration made headlines.
Industry
- San Francisco's Outset Coffee Closes Both Cafes Amid Landlord Disputes
Three-year-old specialty coffee company Outset Coffee has permanently closed both its San Francisco locations following separate landlord disputes, one resulting in a $200,196 court judgment against the business.
Source: Daily Coffee News - FAO Opens Grant Applications for Coffee Enterprises
The Food and Agriculture Organization has launched a new grant program targeting coffee enterprises, alongside multiple new home brewer product launches featured in this week's industry roundup.
Source: Daily Coffee News
Origins & Green Coffee
- China's Pan Wei Wins 2026 World Barista Championship
Pan Wei of China has been crowned the 2026 World Barista Champion, while coffee now accounts for up to 20% of sales at China's leading tea chains, signaling a major market shift.
Source: Perfect Daily Grind
Brewing & Culture
- Cafés Showcase Halloween-Themed Drink Specials for 2026
Coffee shops across the industry unveiled creative, spine-chilling seasonal beverages for Halloween, featuring unique flavor combinations and theatrical presentations.
Source: Barista Magazine - La Marzocco and Porsche Launch 911 Carrera RS 2.7 Espresso Machine Collection
La Marzocco has partnered with Porsche to release a limited-edition espresso machine collection inspired by the iconic 911 Carrera RS 2.7, blending automotive heritage with specialty coffee equipment.
Source: Sprudge - Earnest Pursuit Coffee Roasting Adopts Tin Packaging in NYC
New York City-based Earnest Pursuit Coffee Roasting has introduced coffee tins as its primary packaging format, emphasizing freshness and sustainability in its retail presentation.
Source: Sprudge
Nasdaq · Coffee Stocks
- Nasdaq Composite25,437.00-2.86%
- Nasdaq-10028,384.85-3.46%
The Nasdaq Composite fell 2.86% to 25,437 and the Nasdaq-100 dropped 3.46% to 28,384.85 in a broad sell-off. Coffee shop chains lagged the broader market, with Starbucks down 1.74%, Dutch Bros down 2.52% and Black Rifle Coffee down 3.00%, while packaged coffee brands outperformed as J.M. Smucker rose 2.88% and Keurig Dr Pepper gained 1.53%. Volume was notably elevated for Keurig Dr Pepper at 2.25 times its 10-day average and for Restaurant Brands at 1.81 times average. J.M. Smucker traded 1.66 times its average volume, while Starbucks saw 1.85 times average volume. Over the past five sessions, Black Rifle Coffee and Coffee Holding have surged 11.50% and 12.28% respectively, contrasting with Restaurant Brands' 3.89% decline.
| # | Company | Close | Day | Week | Note |
|---|---|---|---|---|---|
| 1 | J.M. Smucker (Folgers)SJM | $129.90 | +2.88% | -0.06% | SJM rose 2.88% to 129.9 on 1.66x average volume, outperforming the Nasdaq's 2.86% decline and sitting near its 52-week high of 135.89. |
| 2 | Keurig Dr PepperKDP | $35.84 | +1.53% | +3.34% | KDP gained 1.53% to 35.84 on 2.25x average volume, bucking the Nasdaq's 2.86% drop and extending a five-session gain of 3.34%. |
| 3 | Westrock CoffeeWEST | $9.93 | -0.10% | +0.56% | WEST slipped 0.10% to 9.93 on light volume at 0.75x average, roughly flat over five sessions and well below its 52-week high of 10.19. |
| 4 | Restaurant Brands (Tim Hortons)QSR | $72.41 | -0.82% | -3.89% | QSR fell 0.82% to 72.41 on 1.81x average volume, outperforming the Nasdaq's 2.86% decline but down 3.89% over five sessions. |
| 5 | Coffee HoldingJVA | $5.03 | -1.57% | +12.28% | JVA dropped 1.57% to 5.03 on 0.79x average volume, yet remains up 12.28% over five sessions and near its 52-week high of 5.175. |
| 6 | StarbucksSBUX | $103.67 | -1.74% | +2.85% | SBUX declined 1.74% to 103.67 on 1.85x average volume, outperforming the Nasdaq's 2.86% fall but still up 2.85% over five sessions. |
| 7 | Dutch BrosBROS | $42.87 | -2.52% | +3.33% | BROS fell 2.52% to 42.87 on 0.8x average volume, roughly in line with the Nasdaq's 2.86% drop despite a 3.33% five-session gain. |
| 8 | Black Rifle CoffeeBRCC | $12.60 | -3.00% | +11.50% | BRCC tumbled 3.00% to 12.60 on average volume, underperforming the Nasdaq's 2.86% decline even as it has surged 11.50% over five sessions. |
Quote of the Day"When you believe in a thing, believe in it all the way, implicitly and unquestionable." — Walt Disney
— Walt Disney
Disclaimer: This brief is compiled from publicly available information on the internet. It is for reference only, does not represent the views of this site and is not investment advice.
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