SBUX


Beyond Meat Teams Up With KFC, Pizza Hut In China

Beyond Meat (BYND) is partnering up with fast-food chains Kentucky Fried Chicken (KFC) and Pizza Hut to expand the reach of its famous …

Billionaire Ackman Exits Berkshire Hathaway, Blackstone To Fund Opportunities

Billionaire hedge fund manager Bill Ackman said that his Pershing Square Capital Management Ltd. has exited investments in Warren Buffett’s Berkshire Hathaway, the …

Starbucks Regains Almost Two-Thirds Of U.S. Same-Store Sales As Stores Reopen

Starbucks Corp. (SBUX) said it has regained almost two-thirds of its comparable U.

Starbucks Back To Business In Japan Today

Starbucks Coffee Japan (SBUX) is reopening many of its stores in Japan today, including in Tokyo, reports Reuters. However, many of SBUX’s 1,550 …

Billionaire Ackman Takes New Bet On Blackstone, Trims Chipotle Stake

Billionaire hedge fund manager Bill Ackman’s Pershing Square Capital Management Ltd. has bought a $25 million stake in private equity firm Blackstone Group …

Starbucks Reveals 10% Global Sales Drop, Plans to Reopen US Stores Soon

Starbucks (SBUX) has reported that global comparable store sales plunged 10% in the fiscal second quarter, slightly worse than the -9.7% Street estimate.

Starbucks to Boost China Investment With New Sequoia Partnership

Starbucks Corp. (SBUX) has entered into a strategic partnership with investment firm Sequoia Capital targeted to make technology investments in China, its leading …

Beyond Meat To Bring Plant-Based Beef To China

Beyond Meat (BYND) is teaming up with Starbucks (SBUX) to bring its famous plant-based beef to China for the first time. From Wednesday, …

Starbucks Prepares to Gradually Reopen U.S. Cafes in May after Coronavirus Shutdown

Starbucks Corp. (SBUX) is preparing to gradually open a “significant” number of stores throughout May, citing “progress” in the battle to contain the …

Starbucks Feels The Pain; Expects 46% Fall In Earnings, Pulls Full Year Guidance

Starbucks (SBUX) is expecting FQ2 adjusted earnings of $0.32 per share, almost half the $0.

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