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Analysis-In China, Starbucks tries to avoid price war but gets dragged into discounting

As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain is increasingly being dragged into a price war it says it wants to avoid. The stakes are high for Starbucks, which has come under growing pressure from investors recently due to weaker sales in its two biggest markets - the United States and China. While the Seattle-based company has got its work cut out in the world's second-biggest econom...
United States Jason Yu Walker Shen Sophie Yu Belinda Wong Charles Lu
Source: yahoo.com

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Starbucks Corporation (NASDAQ:SBUX) Q2 2024 Earnings Call Transcript

Starbucks Corporation (NASDAQ:SBUX) Q2 2024 Earnings Call Transcript April 30, 2024 Starbucks Corporation misses on earnings expectations. Reported EPS is $0.68 EPS, expectations were $0.79. Starbucks Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon. My name is […]
United States Israel General Asia Pacific Rachel Ruggeri Arizona State University Alshaya Group
Source: yahoo.com

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