Starbucks reports an 8.1% comps increase in North America, anticipating continued U.S. growth of at least 6.5%.
1 report, 1 independent
Updated Sep 8
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What happened
Starbucks reports an 8.1% comps increase in North America, anticipating continued U.S. growth of at least 6.5%.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Starbucks
American multinational coffee company
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Brian Niccol
Chairman and CEO, Starbucks
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Dutch Bros. Coffee
American drive-through coffee chain
Related events
- Analyst notes detail how Dutch Bros is gaining market share from Starbucks amid broader fast-food competition.
- Record launches occurred in the North American market.
- Brian Niccol is leading the 'Back to Starbucks' turnaround strategy, which is facing headwinds in international markets like China. TD Cowen upgraded the stock to Buy in mid-May.