SBUX Jun 2024 80.000 call
- Simply Wall St.
Starbucks (NASDAQ:SBUX) Might Become A Compounding Machine
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
- Zacks
Zacks Value Trader Highlights: Apple, Starbucks, The Walt Disney, Shopify and Tesla
Apple, Starbucks, The Walt Disney, Shopify and Tesla are part of the Zacks Value Trader article.
- Reuters
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 economy, where its rival Luckin Coffee pipped it to the top spot on annual sales for the first time in 2023, management is convinced it does not need to get into a race to the bottom on prices.
