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Stock impact report

Peet's Coffee is closing several locations in the Bay Area [Yahoo! Finance]

Keurig Dr Pepper Inc. (KDP) 
Last keurig dr pepper inc. earnings: 4/27 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company did not specify how many locations were set to close, but a Peet's spokesperson explained that the closures were due to "a broader effort to align our business with long-term growth priorities." "Peet's has made the difficult decision to close a number of Peet's Coffee locations by the end of January 2026," the statement from the Peet's Coffee spokesperson reads. "As we move forward, we remain dedicated to the quality, craftsmanship, and heritage that have defined Peet's for the past 60 years, while embracing new opportunities to innovate and grow." The San Francisco Chronicle is reporting that the company is expected to close about 30 locations across the company's 183 Bay Area shops. The closures appear to extend beyond California and the Bay Area, as Evanston Round Table reported that the company planned to shutter an Evanston, Illinois location, which is about 30 minutes north of Chicago, also by the end of the month. The sudden closures follow the recent news t Show less Read more
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