Starbucks China

Starbucks Corp. (NASDAQ:SBUX) is considering selling a minority stake in its China business to an outside investor as part of efforts to reinvigorate growth in the region, according to the company's CEO. What Happened: Starbucks’ CEO, Brian Niccol, revealed in an interview with the Financial...

Luckin Coffee (OTC:LKNCY), the Chinese coffee chain, has made a remarkable recovery after a major accounting scandal in 2020. The company has not only survived but has also emerged as a fierce competitor to Starbucks Corporation (NASDAQ:SBUX). What Happened: Luckin Coffee, once considered China...

Coffee chain Starbucks Corporation (NASDAQ: SBUX) guided for 2021 EPS to be in a range of $2.70 to $2.90, but the company should outperform expectations, according to Wedbush. The Starbucks Analyst: Nick Setyan upgraded Starbucks from Neutral to Outperform with a price target lifted from $108 to $...

Coffee chain Starbucks Corporation (NASDAQ: SBUX) is showing signs of a "durable" recovery, according to Cowen.  The Starbucks Analyst: Andrew Charles upgraded Starbucks from Market Perform to Outperform with a price target lifted from $77 to $99. The Starbucks Takeaways: Starbucks...

Global coffee and food chain Starbucks Corporation (NASDAQ: SBUX) released an update Wednesday on its U.S. and China businesses.  Starbucks Moves Beyond 'Mitigate And Contain': Starbucks said it is ready to move beyond the "mitigate and contain" phase to a "monitor...

Global coffee chain Starbucks Corporation (NASDAQ: SBUX) reported second-quarter results Tuesday that were notable for the disruption to its business from the coronavirus pandemic. Here's how the Street reacted.  The Starbucks Analysts Oppenheimer analyst Brian Bittner maintained...

Starbucks Corporation (NASDAQ: SBUX) reported Tuesday fiscal first-quarter results taht were overshadowed by the concerning coronavirus spread in China where the company has a big presence. The Street attempted to look past any near-term concern to better understand if the stock should be bought at...

Coffee chain Starbucks Corporation (NASDAQ: SBUX) reported Thursday afternoon with a top-and bottom-line first-quarter beat. Here's how the Street reacted.  The Analysts Morgan Stanley's John Glass maintains an Equal-weight rating on Starbucks with an unchanged $70...

Restaurant investors should be be selective in their choices, as the bullish theme of the strong U.S. consumer could be offset in discretionary spending away from restaurants, according to Goldman Sachs. The Analyst Analyst Karen Holthouse made the following rating and price target changes:...

Starbucks Corporation (NASDAQ: SBUX) isn't seeing any negative impact from trade and political disputes between China and the U.S. although this doesn't mean the coffee chain is fully immune, CEO Kevin Johnson told CNBC's Jim Cramer. What Happened The Chinese market is Starbucks'...

Starbucks Corporation (NASDAQ: SBUX) has disappointed investors on several occasions this year, which may give the impression there is little reason for long-term investors to stick around for the long term. This isn't the case, one analyst says, as a combination of factors warrants a bullish...

Global coffee giant Starbucks Corporation (NASDAQ: SBUX) said Wednesday it reached an agreement with Alibaba Group Holding Ltd (NYSE: BABA) to "transform the customer experience" in China. What Happened The partnership will combine a "world-class tech company" in Alibaba with a...

Multiple Street analysts are hesitant in recommending Starbucks Corporation (NASDAQ: SBUX)'s stock, which is trading at new 52-week lows in reaction to a disappointing sales and outlook update. The Analysts Stephens' Will Slabaugh maintained an Equal-Weight rating on Starbucks ...

Starbucks Corporation (NASDAQ: SBUX) said Tuesday afternoon in a third-quarter preannouncment that it needs to "move faster to address the more rapidly changing preferences and needs of our customers." The coffee chain lowered its new store growth forecast. The discouraging announcement...

The bullish case for Starbucks Corporation (NASDAQ: SBUX)'s stock was based on the company delivering same-store sales growth and upside to EPS consensus expectations. But after conducting firsthand checks, Wedbush concluded that the likelihood of both scenarios playing out has diminished....