Starbucks profits have been hit with a global shutdown in place. How are they prepared to weather the crisis and will competitors pounce?
The two coffee chains were performing well before the coronavirus hit, but which one offers better prospects going forward? Starbucks (NASDAQ:SBUX) and Dunkin’ Brands (NASDAQ:DNKN) are both leading coffee purveyors. Both also rely on consumer discretionary spending, but that is where the similarities end. Starbucks sells premium coffee, tea, and other beverages. It also offers specialty food items. In terms of Read More…
With the coronavirus pandemic shutting down retail stores, is now a good time to invest in Starbucks or Dunkin’?
Luckin Coffee has been a thorn in Starbucks’ side, but with the coronavirus pandemic raging through the U.S. could Luckin get the upper hand in China?
Founded in 1971, serving lattes since 1983, and now the world’s largest cafe business. Amidst coronavirus casualties, we ask if Starbucks is a buy right now?
We examine the significant impact that COVID-19 has had on the stock market in general and three companies in particular
NIO struggled to pay its employees in January, delivering paycheques 6 days late and asking employees to take bonuses in the form of stock.
Starbucks, like many other retailers operating in China, will feel a temporary sting as people avoid going out in public. But its financial strength, brand power, and strong operations should continue delivering durable results for many years to come.
The Shanghai Composite dropped 7.7% and the Shenzhen Component Index plunged 8.45% as Chinese markets reopen for the first time since January 24
In its first-quarter earnings report published on Tuesday, Starbucks beat analyst expectations for the last three months. So why is its stock suffering?