US coffee retail chain Peet’s Coffee & Tea has said its second-quarter sales and earnings will be in line with analysts’ estimates.

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Analysts polled by Reuters Research are expecting, on average, earnings of 12 cents a share, on revenue of US$28.9m.

The California-based company also reiterated its forecast of full-year sales growth between 13% and 15%, and earnings of between 57 and 60 cents per share.

The company said its sales growth rate had strengthened from the first quarter, mainly due to the performance of its retail, grocery and foodservice businesses, reported Reuters.

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