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Starbucks Switches To 'To Go' Model As Coronavirus Spreads, Closes Some Stores
Sunday, March 15, 2020 - 10:54pm | 464Read More...Starbucks Corporation (NASDAQ: SBUX) is temporarily discontinuing all seating in its coffee outlets in the United States and Canada due to the novel coronavirus (COVID-19) outbreak, the company announced Sunday. What Happened All of its stores in the two countries would operate on a "to go...
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Beyond Meat Facing Increased Competition As Demand Heats Up
Wednesday, February 26, 2020 - 3:10pm | 1500Read More...Later this week when Beyond Meat Inc. (NASDAQ: BYND) opens the books on its fourth-quarter performance, investors are likely to be watching two things closely. One is the California-based alternative-protein company’s response to increasing competition. The other is how it will cope...
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Starbucks Adds Beyond Meat Sandwich To Menu In Canada, Continues Carrying Out 'More Environmentally Friendly Menu' Plans
Wednesday, February 26, 2020 - 6:40am | 294Read More...Starbucks Corporation’s (NASDAQ: SBUX) Canadian customers will now have a Beyond Meat Cheddar and Egg Sandwich on the menu. What Happened Starbucks announced Wednesday that it would be launching a Beyond Meats Inc. (NASDAQ: BYND) sandwich in its spring menu. The burger will contain...
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Beyond Meat Shares Surge As Starbucks Looks Towards Plant Options In Carbon Pledge
Wednesday, January 22, 2020 - 7:42am | 355Read More...Beyond Meat Inc.'s (NASDAQ: BYND) shares continued their surge on Tuesday as Starbucks Corporation (NASDAQ: SBUX) said it would expand into more plant-based options to reduce its carbon impact. In an open letter on Tuesday, Starbucks CEO Kevin Johnson said the coffee chain would aim to...
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Starbucks Biggest Chinese Rival Expands Into Vending Machines Business
Wednesday, January 8, 2020 - 6:31am | 229Read More...Luckin Coffee (NASDAQ: LK) is adopting a more aggressive approach towards capturing the Chinese coffeehouse market. What Happened The Xiamen-based company is now expanding into the vending machine business to sell hot and cold beverages, and snacks, Reuters reported on Wednesday. "It allows...
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Benzinga's Bulls And Bears Of The Week: Apple, Disney, Starbucks, Tiffany And More
Saturday, January 4, 2020 - 6:02pm | 825Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the iPhone maker and a video game leader. Bearish calls included electric vehicle and coffee shop giants. The holiday-shortened week that saw the end of the old year and the beginning...
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Starbucks Losing Ground To Homegrown Luckin Coffee In China
Friday, January 3, 2020 - 12:42am | 259Read More...Seattle-based coffee chain company Starbucks Corporation (NASDAQ: SBUX) is losing ground in China to local competitor Luckin Coffee Inc. (NASDAQ: LK). What Happened Luckin Coffee had 4,500 outlets in China by the end of 2019 against Starbucks' 4,300, the Nikkei Asian Review reported on Friday (...
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Can Luckin Coffee Beat Starbucks At Its Own Game?
Friday, December 20, 2019 - 2:13pm | 831Read More...If you are among the rare ones who hasn't heard of Luckin Coffee (NASDAQ: LK), many already named this second largest growing coffee-based chain as a Chinese Starbucks. Whether or not it can catch up to Starbucks Corporation (NASDAQ: SBUX) is an ongoing debate, but their business models are...
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Luckin Coffee's Impressive Growth And Retail Model Could Dethrone Starbucks In China
Monday, November 18, 2019 - 10:15am | 913Read More...If you don't know Luckin Coffee (NASDAQ: LK), let us help you: it's Chinese Starbucks Corporation (NASDAQ: SBUX) that is posing quite a headache to Starbucks Corporation in China. But more importantly, it is China's fastest-growing coffee entreprise. On Wednesday, the company...
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Starbucks Tops Estimates Growing Traffic For The Second Consecutive Quarter
Thursday, October 31, 2019 - 11:24am | 1227Read More...Along with removing unnecessary administrative tasks to encourage more employee interaction with customers- it was all worth it as Starbucks Corporation (NASDAQ: SBUX) just ended its fiscal year on a high note, with its share price rising 3% to $86.50 in after-hours trading. Even despite growing...
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Bulls And Bears Of The Week: Boeing, GM, Pfizer, Starbucks And More
Saturday, August 3, 2019 - 10:25am | 855Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included an underappreciated automaker and a leading pharmaceutical. Bearish calls included FAANG stocks and an aerospace giant. Healthy earnings reports from sector leaders like Apple,...
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Starbucks Ramps Up Coffee Delivery
Wednesday, February 6, 2019 - 5:47pm | 661Read More...Getting a coffee to go is as natural as breathing for many. Starbucks Corporation (NASDAQ: SBUX) is betting that on-demand delivery is the organic next step. The coffee giant announced in January that it would expand an existing pilot project in Miami to San Francisco, and that delivery would...
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RBC Downgrades Dunkin Brands On Valuation, Says Coffee Franchise Taking 'Necessary Steps'
Friday, September 14, 2018 - 9:22am | 391Read More...Dunkin Brands Group Inc. (NASDAQ: DNKN), the parent company of both Dunkin’ Donuts and Baskin-Robbins, is trading at a fair value, according to RBC Capital Markets. The Analysts Analyst David Palmer downgraded Dunkin Brands from Outperform to Sector Perform and maintained a $75 price...
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Coca-Cola Enters Hot Beverage Market With $5.1B Purchase Of British Chain Costa Coffee
Friday, August 31, 2018 - 11:23am | 559Read More...In an effort to further diversify from the soda industry, The Coca-Cola Co. (NYSE: KO) has announced new plans to keep up ina highly competitive market. Following the news of Starbucks Corp. (NASDAQ: SBUX)’s licensing deal with Nestle, as well as the merged Keurig Dr Pepper Inc. (NYSE:...
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Barron's Picks And Pans: AT&T, Starbucks, State Street, Verizon And More
Sunday, August 19, 2018 - 12:07pm | 708Read More...The cover story in this weekend's Barron's examines how blockchain technology is beginning to show promise. Other featured articles include income picks from top advisors and five standout dividend picks. Also, see the prospects for a trust and custodial bank and a leading telecom. "...
















