coffee

Starbucks Corporation (NASDAQ: SBUX) provided its investors with an update on its business Thursday in the wake of the global coronavirus outbreak, and the picture wasn’t pretty. Starbucks said it is expecting a 50% drop in China revenue in the first quarter due to the outbreak. Temporary...

Luckin Coffee Inc – ADR (NASDAQ: LK), which is being touted as a serious threat to Starbucks Corporation (NASDAQ: SBUX) in China, discussed concerns surrounding the COVID-19 outbreak's effect on the coffee chain in a conference call with analysts.  Luckin's Q1 Revenue Likely To...

Starbucks Corporation (NASDAQ: SBUX) could face a tumultuous near-term, weighed down by the COVID-19 outbreak in China, but the coffee retailer is well positioned in the long term, according to an MKM Partners analyst.  The Starbucks Analyst Brett Levy initiated coverage of Starbucks with...

Starbucks Corporation (NASDAQ: SBUX) reported Tuesday fiscal first-quarter results taht were overshadowed by the concerning coronavirus spread in China where the company has a big presence. The Street attempted to look past any near-term concern to better understand if the stock should be bought at...

Shares of Dunkin Brands Group Inc (NASDAQ: DNKN) are trading at a premium valuation versus its historical average but still has room to move higher, according to Guggenheim. The Analyst Matthew DiFrisco maintains a Buy rating on Dunkin' with a price target lifted from $83 to $86. The Thesis...

China-based Luckin Coffee Inc (NASDAQ: LK) is blessed with the opportunity of selling coffee in a country with a population of more than 1 billion. The case for liking the Starbucks Corporation (NASDAQ: SBUX) rival extends beyond its total addressable market, Chantico Global founder and CEO...

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 (...

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...

A widening demand-supply gap is raising coffee bean prices as Asians are drinking more coffee, while Brazil and Vietnam could cut coffee production in 2020. What Happened Arabica coffee futures prices jumped about 30% from the previous month to around 132 cents per pound, the highest since...

Coffee lovers will be treated to a PepsiCo, Inc. (NYSE: PEP) beverage next year which promises to offer twice as much caffeine compared to a traditional Pepsi, the company said in a Thursday press release. What Happened Pepsi Cafe will be offered to two consumers in two flavors, including original...

JPMorgan analysts met with Starbucks Corporation (NASDAQ: SBUX) management at its headquarters and drove home bullish on the coffee restaurant chain. The Analyst JPMorgan analyst John Ivankoe upgraded Starbucks from Neutral to Overweight with a price target lifted from $90 to $94. The Thesis...

This may sound confusing, but McDonald's Corp (NYSE: MCD) agreed to donate a "significant portion" of its leftover coffee beans to Ford Motor Company (NYSE: F) to be included in its manufacturing process. What To Know About Leftover Coffee Beans McDonald's has no need for the...

Beer maker Molson Coors Brewing Co's (NYSE: TAP) ongoing field-work of an experimental hard coffee beverage is off to a good start and management will decide next year if it will work to expand sales, according to the Denver Business Journal. What Happened With Molson's Hard Cold Brew...

Coming soon to a Starbucks Corporation (NASDAQ: SBUX) store near you: an Irish Cream Cold Brew. The new cold beverage consists of a standard cold-brew coffee, mixed with Irish cream syrup and topped with vanilla sweet cream cold foam and cocoa powder. Cold beverages remain a hot selling item at...