New Billionaire Behind The Chinese Competitor To Starbucks [Forbes]
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: Forbes
New Billionaire Behind The Chinese Competitor To Starbucks A scrappy new startup that aims to overtake Starbucks in the world’s second largest economy has grown so much that an early investor is now a new billionaire. Luckin Coffee, a fast growing Chinese company with 2,370 stores in the country, has filed to go public on New York’s Nasdaq. One of its earliest backers and its chairman, Charles Zhengyao Lu, is now a billionaire thanks to his prescient investment in the Xiamen-based firm. Luckin Coffee is burning through cash in its quest to become the top coffee chain in China, racking up a net loss of $241 million on $125 million in revenues in 2018, according to a filing with the U.S. Securities and Exchange Commission. The filing also revealed that Lu and his wife Lichun Guo own a 30.5% stake in the company, making them its largest shareholders. Forbes Lu first made it big after founding car rental company Car Inc. in 2007. A former executive in the telecom industry, Lu guided Car I
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
- 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
- Nestlé reports three-month sales for 2024 [Yahoo! Finance]Yahoo! Finance
- Starbucks (SBUX) Outperforms Broader Market: What You Need to Know [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