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Starbucks Corp (SBUX.O)

SBUX.O on Nasdaq

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25 Apr 2019
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Thu, Apr 25 2019

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New coffees, delivery push fuel Starbucks quarterly sales, profit view

Starbucks Corp raised its full-year profit forecast and beat Wall Street estimates for quarterly same-store sales on Thursday, as its new Cloud Macchiato, Matcha tea and cold brews in the United States and speedy delivery network in China drew more customers.

New coffees, delivery push fuel Starbucks quarterly sales, profit view

Starbucks Corp raised its full-year profit forecast and beat Wall Street estimates for quarterly same-store sales on Thursday, as its new Cloud Macchiato, Matcha tea and cold brews in the United States and speedy delivery network in China drew more customers.

UPDATE 2-New coffees, delivery push fuel Starbucks quarterly sales, profit view

April 25 Starbucks Corp raised its full-year profit forecast and beat Wall Street estimates for quarterly same-store sales on Thursday, as its new Cloud Macchiato, Matcha tea and cold brews in the United States and speedy delivery network in China drew more customers.

Starbucks beats same-store sales expectations, shares rise 2 pct

April 25 Starbucks Corp beat Wall Street estimates for quarterly sales at established cafes on Thursday, as higher prices and customer orders powered a strong growth in the United States, its largest market.

Breakingviews - China's wannabe Starbucks brews a muddy IPO

HONG KONG (Reuters Breakingviews) - China's Starbucks wannabe is in an unseemly rush to deliver a New York listing. Luckin Coffee's draft prospectus argues, unconvincingly, that its fair value doubled in three months; an April funding round puts the company’s worth even higher, at a frothy near-$3 billion. Even with a rapidly-expanding chain of cheap outlets, it is still losing more than it rings up in cappuccinos. Add an unnecessarily complex corporate structure, and founder Qian Zhiya’s offer

Starbucks' China challenger Luckin to raise up to $800 million in U.S. IPO: sources

HONG KONG/BEIJING Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) through which, sources said, it is looking to raise up to $800 million.

Starbucks' China challenger Luckin to raise up to $800 million in U.S. IPO - sources

HONG KONG/BEIJING Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, filed on Monday for a U.S. initial public offering (IPO) through which, sources said, it is looking to raise up to $800 million (£616 million).

UPDATE 3-Starbucks' China challenger Luckin to raise up to $800 mln in U.S. IPO-sources

* Posted net loss of $475.4 mln in 2018 on $125.3 mln revenue

China's Luckin Coffee raises $150 mln from BlackRock, others

BEIJING, April 18 China's Luckin Coffee, a self-declared challenger to Starbucks Corp, has raised $150 million in its latest round of funding from investors including BlackRock Inc, which values the company at $2.9 billion.

Starbucks sets up $100 million fund to invest in food and retail startups

Starbucks Corp is investing $100 million (75.7 million pounds) in a newly created fund that will be managed by Tesla Inc investor Valor Equity Partners to promote companies developing new technologies and products for the food and retail industry.

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