ORONO — Coffee Hound Coffee Co. and the University of Maine have officially licensed a new co-branded coffee: the Maine Black Bears Nitro-Infused Caramel and Cream Coffee. This is the first and only officially licensed “ready to drink” nitro-infused coffee of the Maine Black Bears and is now available for purchase from Freshies at 12 Main Road in Milford. 

Roasted locally in the heart of Maine by Coffee Hound, a veteran-founded and woman-owned company in Brewer, this “ready to drink” coffee will soon be distributed statewide by Central Distributors, a Lewiston-based, family-owned distributor founded in 1934. 

“We are thrilled to be partners with the University of Maine to license and showcase this brand with our other ‘ready to drink’ nitro-infused coffee beverages that will be distributed throughout the state of Maine by Central Distributors,” said Jen Litteral, president of Coffee Hound. 

Coffee Hound has been mass producing their cold brew coffee line since 2019 in partnership with Geaghan’s Brewery, which distributes it in kegs and barrels. Coffee Hound now offers three flavor lines of nitro-infused coffee in cans: a traditional nitro with cream and sugar, a latte with maple syrup and cream and now the officially licensed Maine Black Bear coffee with a touch of caramel and cream. 

“We are very excited about the opportunity to add ‘Maine Black Bear’ nitro-infused ready-to-drink to our line-up of cold coffees at the Milford Freshies location. We are committed to delivering new and innovative food and drink options to our valued customers at our Freshies locations. We are privileged to support the University of Maine Black Bears and another local Maine business, Coffee Hound,” said Katie Foster, executive manager of operations for R.H. Foster Energy, LLC, which owns and operates Freshies where the coffee is now available. 

As Maine’s only public research university and a Carnegie R1 top-tier research institution, the University of Maine advances learning and discovery through excellence and innovation. Founded in 1865 in Orono, UMaine is the state’s land, sea and space grant university with a regional campus at the University of Maine at Machias. Our students come from all over the world and work with faculty conducting fieldwork around the globe — from the North Atlantic to the Antarctic. Located on Marsh Island in the homeland of the Penobscot Nation with UMaine Machias located in the homeland of the Passamaquoddy Nation, UMaine’s statewide mission is to foster an environment that creates tomorrow’s leaders. As the state’s flagship institution, UMaine offers nearly 200 degree programs through which students can earn bachelor’s, master’s, professional master’s and doctoral degrees as well as graduate certificates. For more information about UMaine and UMaine Machias, visit umaine.edu/about/quick-facts and machias.edu/about-umm/umm-facts. 

Established in 2013 we are veteran-founded and women-owned. Dedicated to Maine’s craftsmanship, we focus on sourcing from small farms around the world and roasting in small batches to create a craft coffee experience. Our roastery is located in Brewer and we produce coffee to over 300 locations in Maine including 17 Hannaford locations. We have three licensed cafe locations, two at Sunday River Ski Resort and one in Bar Harbor. We have been mass producing our cold brew coffee in partnership with Geaghan’s Brewery since 2019 which Geaghan’s distributes in kegs and barrels. And now with our co-packer Snapchill we have a line of 3 ‘ready to drink’ nitro-infused coffee drinks including the officially licensed Maine Black Bears caramel and cream. For more go www.coffeehoundcoffeeco.com.

Freshies is owned and operated by a locally owned, Maine-based business, R. H. Foster Energy, LLC. R. H. Foster is privileged to celebrate the third generation of Foster family members working in the business and to employ over 500 Mainers across the state. R. H. Foster owns and operates 23 Freshies® convenience stores and delis throughout northern, northeast, and central Maine, as well as Freshies Wood Fired Pizza truck, Tri-City Pizza, and Bangor Bakery Oven Bakery in Bangor. Additionally, the company has seven energy companies located in Hampden, Ellsworth, Machias, Lincoln, Penobscot, Dennysville, and Beals, that deliver heating fuels and provide services to residential customers and commercial companies. For more go www.freshiesdeli.com.

More articles from the BDN

Quadrant Capital Group LLC lifted its holdings in Cal-Maine Foods, Inc. (NASDAQ:CALM – Free Report) by 37.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 941 shares of the basic materials company’s stock after buying an additional 257 shares during the period. Quadrant Capital Group LLC’s holdings in Cal-Maine Foods were worth $54,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Exchange Traded Concepts LLC increased its position in Cal-Maine Foods by 6,480.5% in the fourth quarter. Exchange Traded Concepts LLC now owns 39,417 shares of the basic materials company’s stock worth $2,262,000 after buying an additional 38,818 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Cal-Maine Foods by 2,543.8% during the 4th quarter. International Assets Investment Management LLC now owns 117,650 shares of the basic materials company’s stock valued at $67,520,000 after buying an additional 113,200 shares in the last quarter. Citigroup Inc. grew its stake in Cal-Maine Foods by 26.2% in the 3rd quarter. Citigroup Inc. now owns 42,829 shares of the basic materials company’s stock valued at $2,074,000 after buying an additional 8,898 shares in the last quarter. Toroso Investments LLC raised its holdings in Cal-Maine Foods by 227.5% during the 3rd quarter. Toroso Investments LLC now owns 41,724 shares of the basic materials company’s stock valued at $2,020,000 after acquiring an additional 28,983 shares during the period. Finally, QRG Capital Management Inc. purchased a new stake in shares of Cal-Maine Foods during the third quarter worth $1,533,000. Hedge funds and other institutional investors own 84.67% of the company’s stock.

Cal-Maine Foods Price Performance

NASDAQ CALM opened at $60.35 on Monday. Cal-Maine Foods, Inc. has a 1 year low of $42.25 and a 1 year high of $64.76. The company’s 50 day simple moving average is $59.37 and its two-hundred day simple moving average is $56.15. The stock has a market capitalization of $2.96 billion, a PE ratio of 10.70 and a beta of -0.02.

Cal-Maine Foods (NASDAQ:CALM – Get Free Report) last posted its quarterly earnings data on Tuesday, April 2nd. The basic materials company reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.45 by $0.55. The firm had revenue of $703.08 million during the quarter, compared to analysts’ expectations of $692.35 million. Cal-Maine Foods had a return on equity of 16.79% and a net margin of 11.61%. The company’s revenue for the quarter was down 29.5% compared to the same quarter last year. During the same period in the prior year, the business earned $6.62 EPS. On average, research analysts anticipate that Cal-Maine Foods, Inc. will post 4.51 EPS for the current year.

Analyst Ratings Changes

Separately, Stephens reissued an “equal weight” rating and set a $65.00 price objective on shares of Cal-Maine Foods in a report on Wednesday, April 3rd.

Read Our Latest Report on Cal-Maine Foods

About Cal-Maine Foods

(Free Report)

Cal-Maine Foods, Inc, together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, free-range, pasture-raised, and brown eggs under the Egg-Land’s Best, Land O’ Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain brand names.

Further Reading

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• Red’s Eats has been dubbed ‘the most famous lobster shack in the world’
• Its lobster rolls are filled with the meat of two claws and a whole split tail 

By Rachel Bowman For Dailymail.Com

Published: 02:09 BST, 27 May 2024 | Updated: 02:09 BST, 27 May 2024

A Maine eatery dubbed ‘the most famous lobster shack in the world’ where customers line up for hours to buy one of their $36 rolls has officially opened for the season.

Red’s Eats, located on the corner of Water and Main Street in Wiscasset, has served fresh New England seafood for over 80 years.  

The shack has been ranked Maine’s best lobster roll in countless lists and has attracted the likes of Tom Cruise, Lionel Richie and Susan Sarandon for its famous bites.

Red’s Eats opened for the summer on May 1 and for $36 customers can get a roll filled with the meat of two claws and a whole split tail with a side of butter or mayo.

‘They don’t make them like most other places, they don’t chop up the meat, they don’t put in any mayonnaise or anything else on it. It’s just the lobster, the roll,’ a customer named Diane told WGME. 

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Red’s Eats, located on the corner of Water and Main Street in Wiscasset, has been dubbed ‘the most famous lobster shack in the world’

For $36 customers can get a roll filled with the meat of two claws and a whole split tail with a side of butter or mayo

‘It came out of the ocean yesterday, I mean it’s so fresh. You’ll never get one fresher than what you get here,’ a customer named Jonathan said.

The shack ranked number one on Boston.com’s best place to get a lobster roll in New England in 2023 list.

Not only do they serve one of the highest rated lobster rolls, Red’s Eats boasts an extensive menu of fresh seafood, grilled good and desserts. 

‘I’ve been waiting for clams all winter because there’s no other place in Maine that has them that taste like this,’ said a customer named Jerry.

The family-owned business is currently run by Debbie Gagnon, daughter of the previous owner and man who brought the iconic lobster rolls to the menu Al Gagnon.

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The shack has been ranked Maine’s best lobster roll in countless lists and has attracted the likes of Tom Cruise and Lionel Richie (center) for its famous bites

Locals have taken out their frustration at traffic around the shack with Facebook group of nearly 10,000 members dedicated to posting photos of their middle fingers at the building

‘She [Debbie] makes you feel like you’re family when you step up to the window and order,’ Cumberland resident Lorraine Rardin told Bangor News Daily.

Debbie said she gets the most joy out of serving repeat customers and said her motto is a quote from her father, ‘You can feed anyone once, but feed them twice and you’re doing something right.’

Red’s Eats has been featured on several shows including Phil Rosenthal’s Netflix program ‘Somebody Feed Phil and Andrew Zimmern’s Travel Channel show ‘The Zimmern List.’

It’s fame has made the shack a bucket list item for visitors across the country. 

‘I read that you should get a lobster roll at Red’s,’ said Allie Ackles from Rochester, New York.

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Red’s Eats has been featured on several shows including Phil Rosenthal’s Netflix program ‘Somebody Feed Phil and Andrew Zimmern’s Travel Channel show ‘The Zimmern List’

‘I’ve also seen it on Facebook because I get a bunch of information for Maine since my daughter goes to school there,’ said Donise Gehrisch from Chicago.

While its popularity is good for business, locals have taken out their frustration at traffic around the shack with Facebook group of nearly 10,000 members dedicated to posting photos of their middle fingers at the building.

However, Paul Merrill, a spokesperson for the Maine Department of Transportation, insists the shack is not the cause of traffic.

‘Red’s is a popular restaurant that draws a lot of customers — but not the reason for traffic back-ups on Route 1,’ Merrill said.