
Peet's Coffee
Peet's Coffee is a popular coffee roastery and retailer headquartered in Emeryville, California. The company operates numerous coffee bars across various locations, providing a wide range of beverages and tea alongside coffee beans for home brewing.
Location and Overview
Headquarter: Emeryville, California, USA
Peet's Coffee was established in 1966 and has grown to become a significant player in the coffee retail market, with a strong presence in many regions across the United States.
Financial Indicators
Although specific financial figures for Peet's Coffee are not readily available to the public, the company operates under JAB Holding Company, a privately held conglomerate. Peet's is typically part of a portfolio with other well-known brands, contributing to the overall financial success of the parent company.
Important Company Events
An important recent development for Peet's Coffee is its decision to abolish the $0.80 surcharge for non-dairy milk alternatives. This change is set to take effect by June 2025. The removal of this surcharge aligns with increasing consumer demand for dairy-free beverage options and supports the growing trend towards plant-based diets.
Company Plans
Peet's Coffee plans to enhance its consumer experience by making these non-dairy options more accessible, aligning with broader environmental and ethical consumer expectations. By eliminating the surcharge, Peet's Coffee not only encourages customer loyalty but also demonstrates a commitment to sustainability and customer satisfaction.
Sources: Peet's Coffee official announcements and JAB Holding Company reports.
Modified: 2025/03/25