Wednesday June 8, 2022, 07:00:00
China and Russia have been important markets in the past for multiple large restaurant companies, including Yum Brands/Yum China and McDonald’s. What do the experiences of Yum Brands and McDonald’s in China and Russia suggest about the future of Starbucks China?
Tuesday May 3, 2022, 19:10:10
After today’s market close, Starbucks reported adjusted fiscal Q2 (calendar Q1) EPS of $0.59. This was better than our $0.54 forecast (which we had lowered in March due to Covid-related issues in China), and matched sell-side consensus (according to Consensus Metrix) of $0.59.
Monday March 14, 2022, 12:40:49
Earlier today, Yum China (YUMC; Not Rated) provided a business update in which it said that while its same-store sales were down by about -4% over January/February, they had “decreased approximately -20% year-over-year for the first two weeks of March” and were “still trending down in recent days.”
Thursday December 19, 2024
Thursday December 12, 2024
Thursday December 19, 2024
Thursday December 12, 2024