Previous close | 0.3500 |
Open | 0.4300 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 92.50 |
Expiry date | 2023-03-17 |
Day's range | 0.3500 - 0.4800 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Over the last five years, share prices of Starbucks (NASDAQ: SBUX) have nearly doubled and significantly outperformed the S&P 500 index. The best barometer of Starbucks' brand is the growth in the channel development segment. This segment only makes up 5% of total revenue, but it includes the branded products that Starbucks offers with Nestlé (OTC: NSRGY) (OTC: NSRG.F) and other partners at retail locations outside of its company-operated and licensed stores.
The international coffee chain is thriving as the economic reopening gains momentum. Starbucks (NASDAQ: SBUX) expects to catch a tailwind as China is the latest economy to reopen after COVID-19 lockdowns.
Image source: Getty Images For many people, an annual Costco membership more than pays for itself. That's because the warehouse club giant offers great deals on a host of products year-round. And if you do a lot of shopping there, you might rack up a much lower credit card tab than you would at supermarkets and big-box stores.