Caffè Nero says growth is ‘steady’ but coffee prices are likely to rise

The Guardian - World NewsCenter-LeftEN 4 min read 100% complete by Sarah ButlerMarch 8, 2026 at 09:00 AM

AI Summary

long article 4 min

Caffè Nero is pursuing steady growth, planning to open 30 UK stores and 50-70 international stores this year, including converting 15 Compass Coffee locations in Washington D.C. The company's founder, Gerry Ford, claims Caffè Nero is outperforming rivals Starbucks and Costa due to a more consistent, long-term approach. While sales rose 13% to £587.6m in the year to May 2025, pre-tax losses widened to £41m due to increased finance costs from recent acquisitions, including 200 Degrees, Coffee#1 and Harris + Hoole. Further acquisitions are paused as the company integrates these brands. Caffè Nero anticipates coffee prices will likely increase due to the war in Iran and higher staffing costs.

Key Entities & Roles

Key Player Opposition Context

Harris + Hoole 40% Coca-Cola 40% 200 Degrees 40% Coffee#1 40% Iran 50% Washington DC 50% Starbucks ×260% Costa ×260% Compass Coffee 60% United Kingdom 70% Gerry Ford ×290% Caffè Nero ×6100%

Keywords

caffè nero 100% coffee prices 90% store expansion 80% acquisitions 70% financial performance 60% debt 50% market competition 50% staffing costs 40%

Sentiment Analysis

Neutral

Score: 0.10

Source Transparency

Source

The Guardian - World News

Political Lean

Center-Left (-0.40)

Far LeftCenterFar Right

Classification Confidence

90%

Geographic Perspective

United Kingdom

This article was automatically classified using rule-based analysis. The political bias score ranges from -1 (far left) to +1 (far right).

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caffè nero coffee prices store expansion acquisitions financial performance debt market competition staffing costs

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