Starbucks Is Losing Its Coffee Lead in China [The Motley Fool]
Starbucks Corporation (SBUX)
Last starbucks corporation earnings: 4/28 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.starbucks.com/ir-home/default.aspx
Company Research
Source: The Motley Fool
Starbucks Is Losing Its Coffee Lead in China Start-up Luckin Coffee has emerged virtually overnight with a model built to challenge Starbucks' supremacy. For years, Starbucks ( NASDAQ:SBUX ) has billed China as one of its top growth opportunities. Former CEO Howard Schultz said he expected it to one day be the company's biggest market, and the coffee chain is growing faster in China than in any other nation. Last year, it opened 612 new stores in China, and the current plan is to add another 600 stores a year through 2022. Starbucks has succeeded in the tea-drinking nation by playing to customers' tastes for conspicuous consumption and positioning itself as an affordable luxury. Beyond the status symbol factor, its strategy of offering a "third place" -- away from home or work -- has also resonated in China. Like people elsewhere, Chinese consumers have come to see Starbucks as an attractive place for a work meeting, casual date, or just a relaxing break. However, in business, succes
Show less
Read more
Impact Snapshot
Event Time:
SBUX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBUX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBUX alerts
High impacting Starbucks Corporation news events
Weekly update
A roundup of the hottest topics
SBUX
News
- Whirlpool Bets Starbucks Drinkers Will Buy a $2,000 Espresso Maker [Yahoo! Finance]Yahoo! Finance
- Whirlpool Bets Starbucks Drinkers Will Buy a $2,000 Espresso Maker [BNN Bloomberg (Canada)]BNN Bloomberg
- 20 easy ways to boost your mood this spring [USA TODAY]USA TODAY
- Countdown to Starbucks (SBUX) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS [Yahoo! Finance]Yahoo! Finance
- How athletes and entertainers like Shohei Ohtani get financially duped by those they trust [Yahoo! Finance]Yahoo! Finance
SBUX
Earnings
- 1/30/24 - Miss
SBUX
Sec Filings
- 4/24/24 - Form 4
- 4/22/24 - Form 144
- 4/17/24 - Form 4
- SBUX's page on the SEC website