Costa Coffee's Worst Performance Since Covid
Update: 2026-01-01
Description
Costa Coffee, owned by Coca-Cola, is grappling with financial losses, with operating losses doubling to £13.5 million in 2024. This marks their worst performance since 2021, blamed on fierce competition from cheaper spots and rising coffee bean prices. Coca-Cola is reportedly considering selling the brand, which they bought for £3.9 billion in 2018, for as little as £2 billion. Checkout Solipillow.com
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